Kamis, 28 Juli 2011
Gold : rentan koreksi tapi kuat untuk naik
Pergerakan emas terlihat masih berada dalam tren ke atas. Secara teknikal indikator stochastic berpotensi dalam kondisi bullish dimana ada peluang emas meneruskan penguatan harganya ke atas sampai ke resistan 1623.10. Waspadai jika emas menembus garis trend maka ada peluang emas melemah dan bergerak ke bawah menuju support 1607.97.
Sinyal Bearish Divergence Emas
Emas melanjutkan momentum bullish nya hari ini, namun secara keseluruhan gagal tembus secara meyakinkan diatas area resisten 1627 (Fibonacci level 161.8%). Fakta ini mengindikasikan sinyal bearish di jangka pendek untuk menguji area support 1605 - 1587.
Indikator Slow stochastic telah memotong kebawah di area overbought menunjukkan bearish divergence, sedangkan MACD mulai lemah sehingga pada fase ini masih perlu diwaspadai jika terjadi cross over MACD seharusnya dapat merubah bias intraday menjadi bearish di jangka pendek mengincar setidaknya area 1600.
Di sisi atasnya jika harga malah tembus diatas area 1627, dapat melanjutkan skenario bullish untuk menguji area resisten kunci 1635.

Euro Analysis : Berpeluang Menguat, Bidik 1.4436
Hari ini, terlihat euro berpeluang akan bergerak ke atas dan berpotensi tertahan di area support. Secara teknikal indikator stochastic berada dalam kondisi jenuh jual dimana euro cenderung akan menguat dan bergerak ke atas menuju resistan 1.4436. Waspadai jika support 1.4336 ditembus maka scenario euro akan bergerak ke atas akan gagal dan harga lebih berpeluang bergerak ke bawah meneruskan pelemahannya menuju support 1.4274.
Sterling Analysis : Dalam Kondisi Oversold., Potensial Ke 1.6417
Secara umum GBPUSD masih berada dalam kondisi tren ke atas. Secara teknikal indikator stochastic berada dalam kondisi jenuh jual dimana ada peluang pound akan menguat ke resistan 1.6417. Hari ini terlihat pound sudah berhasil menembus garis tren. Waspadai jika pound tertahan di bawah garis tren maka ada potensi pound akan meneruskan pelemahannya sampai support 1.6259.
Sterling Bungkam, Koreksi Ludeskan Gain

Ambruknya Sterling selain terseret EUR namun juga akibat data CBI trend order atau angka permintaan order industri manufaktur Inggris muncul mengecewakan. Indeks CBI menunjukkan order permintaan terhadap pabrik Inggris turun ke angka -10 bulan ini dari level 1 pada bulan Juni, jauh di bawah perkiraan -2.
Alhasil data tersebut menambah sederetan data ekonomi yang buruk di Inggris, dan menguatkan pandangan suram terhadap prospek ekonomi Inggris.
Sementara Bank of England diperkirakan masih akan menahan suku bunga pada rekor rendah 0,5% hingga akhir tahun seiring meningkatnya kekhawatiran terhadap rapuhnya pemulihan ekonomi Inggris.
Koreksi Euro

Kalangan investor terlihat panen profit setelah melakukan aksi jual masif disertai aksi ambil untung akibat tertekan oleh kecemasan bahwa para pemimpin di Eropa kini tengah bejuang terus untuk mencegah penyebaran krisis hutang.
Pelemahan Euro turut diperparah setelah Menteri Keuangan Jerman Wolfgang Schaeuble menyebutkan negaranya menentang “blank check” dana bantuan zona Eropa untuk membeli obligasi di pasar sekunder. Sementara alotnya pembahasan untuk menyepakati kenaikkan plafon hutang Amerika juga membuat EUR makin tertekan.
Maka konstan bergerak dibawah area $1.44 akan memicu pola bearish pada EUR dan akan menyebabkan bearish lanjutan menunju $1.4330 hingga $1.4300.
Business Highlights
WASHINGTON (AP) — The economy worsened in much of the country earlier this summer, hampered by high unemployment, weak home sales and signs of a slowdown in manufacturing.
A survey by the Federal Reserve, released Wednesday, found that weak consumer spending, slow job growth and tight credit are restraining growth into the second half of the year.
Growth slowed in eight of the Fed's 12 bank regions in June and early July, the report found, compared with the spring. That marked the worst showing this year.
The Fed's survey found that factory output weakened in some areas. That's likely to heighten concerns that manufacturing, one of the economy's few bright spots over the past two years, is sputtering.
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Durable goods orders fall 2.1 percent in June
WASHINGTON (AP) — Businesses cut back on orders for aircraft, autos, heavy machinery and computers in June, sending demand for long-lasting manufactured goods lower for the second month in the past three.
Orders for durable goods fell 2.1 percent last month, with the weakness led by a big drop in orders for commercial aircraft, the Commerce Department reported Wednesday. A number of other categories also showed weakness including autos and auto parts. A key category that tracks business investment plans fell 0.4 percent in June.
Manufacturing has been the stellar performer in the two-year-old recovery. But activity slowed in the spring, reflecting in part supply disruptions following the March earthquake and tsunami in Japan. Manufacturing was also hurt by the hit the overall economy took from higher energy prices which dampened consumer demand.
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GOP retools plan as Congress seeks debt fix
WASHINGTON (AP) — Six days away from a potentially calamitous government default, House Republicans appeared to be coalescing Wednesday around a work-in-progress plan by House Speaker John Boehner to increase the U.S. borrowing limit and chop $1 trillion in federal spending. But the White House dismissed the proposal as a waste of time, and it got a thumbs-down from Senate Democrats and tea party activists, too.
It was a telling illustration of the difficult politics along the pathway to a deal in a standoff that has put financial markets on edge. Stocks were falling sharply Wednesday.
GOP leaders worked to line up support for Boehner's proposal, which was being retooled after nonpartisan analysts in the Congressional Budget Office said it would cut spending less than he had estimated — about $850 billion over 10 years rather than $1.2 trillion. The House planned to vote on the reworked plan Thursday, with Boehner calling it "the best opportunity we have to hold the president's feet to the fire."
White House spokesman Jay Carney dismissed all the focus on the GOP plan as a distraction.
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Dunkin' gets warm response from new investors
NEW YORK (AP) — It's time to make the money.
Shares of Dunkin' Brands Group Inc. soared nearly 47 percent on Wednesday, their first day of trading, feeding the demand of investors looking to trade in coffee and doughnuts.
Shares closed at $27.85, up $8.85 from the $19 price that Dunkin' Brands set Tuesday night. Dunkin' sold about $423 million worth of shares at $19 apiece.
Most stocks get a one-time pop on their first trading day. Still, Dunkin' Brand's reception indicates that investors are willing to shell out for initial public offerings — and not just for the tech companies like LinkedIn and Groupon.
Dunkin' Brands, which owns Dunkin' Donuts and the Baskin-Robbins ice cream chain, has said it will use the money from the public offering to pay down debt, in part so that it will be able expand overseas. Dunkin' Brands could raise a bit more if the banks underwriting the IPO decide to buy more shares in the next 30 days.
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Boeing second-quarter profit beats Street; raises guidance
Boeing's profit surged almost 20 percent in the second quarter as it delivered more passenger planes. It raised its guidance for the year.
Boeing Co. also said on Wednesday that it will not deliver as many of its new 787s and 747-8s this year as previously hoped. Investors seemed content to hear that delivery of the first planes remains on schedule — Boeing shares rose slightly.
Analysts believe Boeing and other plane builders are at the beginning of another boom cycle after enduring a recession. Airlines have been ordering so many Boeing 737s and competing single-aisle planes from Airbus that the companies are raising production rates. Boeing already cranks out one 737 every day. It's aiming for 42 per month in 2014.
Boeing earned $941 million, or $1.25 per share, in the quarter. Revenue rose 6.2 percent to $16.54 billion. Analysts surveyed by FactSet had predicted net income of 98 cents per share on revenue of $16.47 billion.
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Delta second-quarter profit falls 58 pct; 2,000 take buyouts
Delta Air Lines said 2,000 workers took voluntary buyouts and it will scale back flying more than planned later this year as it cuts costs to make up for higher fuel prices.
The high cost of jet fuel was the main reason Delta's second-quarter net income fell by 58 percent compared to a year ago. It earned $198 million, or 23 cents per share, compared with $467 million, or 55 cents a year ago. Fuel costs rose 36 percent to $2.66 billion in the latest quarter.
Revenue rose 12 percent to $9.15 billion as Delta raised fares to try to pay the increased fuel costs.
Delta would have earned 43 cents per share if not for one-time items including severance costs and reducing its facilities. On that basis, profit was less than analysts expected — 46 cents per share on revenue of $9.16 billion, according to FactSet.
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ConocoPhillips second-quarter profit drops but tops estimates
NEW YORK (AP) — ConocoPhillips' decision to shrink the company by selling off billions in assets starting two years ago contributed to an 18 percent drop in profits during the second quarter this year, though the results still beat expectations.
The Houston oil and natural gas company on Wednesday reported earnings of $3.4 billion, or $2.41 per share, for the April-June period. That compares with $4.2 billion, or $2.77 per share, for the same part of 2010 when Conoco reported $2.9 billion in asset sales.
Revenue increased 34 percent to $67 billion.
Analysts expected earnings of $2.20 per share on revenue of $57.9 billion, according to FactSet.
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By The Associated Press(equals)
The Dow Jones industrial average fell 198.75 points, or 1.7 percent, to 12,302.55, its biggest one-day drop since early June. It has fallen for four days straight.
The S&P 500 fell 27.05 points, or 2 percent, to 1,304.89. The technology-focused Nasdaq composite index fell 75.17 points, or 2.7 percent, to 2,764.79, its worst day in five months.
Benchmark West Texas Intermediate crude for September delivery lost $2.19 to settle at $97.40 per barrel on the New York Mercantile Exchange. In London, Brent crude fell 85 cents to settle at $117.43 per barrel on the ICE Futures exchange.
In other Nymex contracts for August, heating oil fell 3.07 cents to settle at $3.0944 a gallon, gasoline lost 1.54 cents to settle at $3.0831 a gallon and natural gas lost 1.3 cents to settle at $4.318 per 1,000 cubic feet.
Boehner Revisi Proposal Hutang Sebelum 2 Agustus

Para pemimpin Republik bergerak maju dengan rencana yang telah dipilihbesok, kurang dari satu minggu sebelum potensi default AS pada 2 Agustus, dan berusaha untuk meredakan kekhawatiran anggota partai yang tidak akancukup besar memotong pengeluaran. Kantor Anggaran Kongres mengatakan rencana baru Boehner yang akan memotong $ 915 miliar pengeluaran lebih dari satu dekade, masih kurang dari rencana Senat $ 2,2 triliun.
Boehner, ketika ditanya oleh penyiar radio Laura Ingraham apakah ia mengatakan kepada anggota pada pertemuan tertutup hari ini untuk mendapatkan "persetujuan" untuk proporsal hutang, berkata: "Saya yakin benar. Dengar, ini adalah waktunya untuk melakukan apa yang bisa dilakukan. "
Emas Jeda Setelah Raih Rekor Tinggi: Fokus Pada Hutang AS

Spot emas naik 0.1 persen menjadi $1,614.59 per ounce, turun dari tingginyadari level $1.628 yang terjadi pada hari Rabu.Harga emas AS flat di level $1,614.90.
Rabu, 27 Juli 2011
Dollar Kehabisan Stamina Jelang Voting Kongres AS

Hal ini memicu bank sentral di berbagai negara melakukan intervensi pasar uang untuk mencegah apresiasi secara berlebihan. Menteri Keuangan Filipina Cesar Purisima misalnya berkomentar bahwa kegagalan AS untuk meraih kesepakatan reduksi anggaran akan menyebabkan runtuhnya keyakinan para investor pada dollar AS dan memicu pengalihan alternative mata uang.
Mata uang Yen Jepang tidak jauh berbeda sejauh ini tampak melemah dibawah ¥77.70, titik terendah sejak gempa & tsunami bulan Maret dipicu oleh komentar Ketua DPR AS Mr. Boehner. Menteri Keuangan Jepang Yoshihiko pun mengulangi komentar sebelumnya, bahwa pemerintah siap untuk intervensi agar menopang sektor ekspor yang sudah rapuh.
Emas Naik Seiring Kekhawatiran Utang AS Terus Berlanjut

Terpantau sejauh ini Emas diperdagangkan di level 1,621.90 atau naik 0.18%.
Perkembangan negosiasi utang di Washington kemungkinan akan melalui pemungutan suara pada hari Kamis diundur sehari dibanding jadwal sebelumnya.
Secara teknikal, target bullish Emas 1627 hampir tercapai disaat bersamaan MACD hampir membentuk divergence mengindikasikan trend hampir berakhir. Tembus diatas area 1627 dapat memicu momentum bullish lebih lanjut menuju target 1633.
Di sisi bawahnya, level support terdekat terletak di area 1605 – 1587 – 1577.
Komentar Schaeuble

Pernyataan Schaeuble ini kembali munculkan kekhawatiran investor apakah rencana bailout baru Yunani cukup untuk hentikan penyebaran krisis utang ke perekonomian Eropa yang lebih besar. Yield obligasi Spanyol dan Itali naik masing-masing sebesar 13 dan 15 bps paska komentar Schauble. Sektor perbankan Italia ikut terpukul dimana saham Intesa Sanpaolo, Ubi Banca, Unicredit, dan Banco Popolare melemah 5%.
Obama Ancam Veto Proposal Boehner

Ini tentunya berikan bukti tambahan akan belum adanya kesepakatan antara parlemen dan Presiden Obama atas rencana untuk naikkan batas utang jelang deadline 2 Agustus. Voting, yang harusnya dilakukan hari ini, ditunda hingga Kamis, 28 Juli.
Pemerintahan Obama sangat menentang proposal tersebut bahkan mengancam untuk me-veto jika diloloskan Kongres. Rencana Boehner bertujuan untuk memangkas anggaran belanja pemerintah dalam dua tahap dimana tahap pertama sebesar $1,2 triliun dan tahap kedua $1,8 triliun; tentunya dengan persetujuan komite khusus dari Kongres. Namun, proposal Boehner hanya perpanjang kenaikan batas utang hingga awal tahun depan; ini tentunya akan berikan resiko tambahan bagi Obama jelang pemilu presiden 2012.
Sementara itu, dollar masih tertekan di sesi London seiring investor cemas belum adanya kesepakatan antara Kongres-Senat-Obama untuk susun kebijakan penghematan fiskal sebagai prasyarat kenaikan batas utang AS.
Rebound Sterling Jelang CBI Orders bersiap terhenti

Sterling melesat tajam selain akibat terpuruknya dollar AS, namun juga karena faktor-faktor fundamenetal ekonomi Inggris yang muncul dengan performa cukup apik.
Kemarin angka GDP Inggris tumbuh 0,2%, dari kuartal sebelumnya 0,5%, meski menurun namun pasar cukup lega karena negara Inggris tidak jatuh ke dalam jurang resesi.
Selain itu data lain yang turut mendukung adalah data industri sektor service (jasa) yg melejit 1.6%, dan merupakan pertumbuhan paling cepat sejak Juli 2002. Sementara indeks business services and finance juga dirilis naik 2.2%, dan juga merupakan kenaikkan tercepat sejak Mei tahun 2000. Faktor-faktor tersebut itulah yang membuat GBP kini masih bercokol di kisaran kuat.
Namun patut diwaspadai karena hari ini sedianya Inggris akan merilis data ekonomi CBI Trend Orders pukul 1700 WIB, dan kali ini angkanya diekspektasi menurun dibawah periode sebelumnya.
Bila angka yang dirilis memang mengecewakan, bukan tidak mungkin GBP akan terkoreksi tajam.
Soros to return outsiders' hedge fund money
The octogenarian fund manager, known as much for earning $1 billion on a nervy currency bet as for giving away millions to support liberal causes, will return roughly $1 billion to outside investors most likely by the end of the year and turn Soros Fund Management into a family office. The sum represents only a small portion of the $25 billion he oversees.
Keith Anderson, who has been Soros' chief investment officer since 2008, will leave the firm.
Since launching the Quantum Fund nearly 40 years ago, Soros, who emigrated to the United States from Hungary, created one of most envied records in the industry, returning about 20 percent a year. But recently volatile market conditions have taken their toll on the fund as it lost 6 percent in the first half of 2011 and gained only 2.5 percent last year.
In a letter to investors, Soros' two sons, the fund's deputy chairmen, cited impending industry regulation as a reason for returning the money now.
Bloomberg first reported the news.
EXEMPTIONS NO MORE
Under the new Dodd-Frank Act, hedge funds will be forced to register with financial regulators, giving the Securities and Exchange Commission fresh insight into exactly how these generally secretive portfolios make money. But family offices are treated more leniently under the new regulations.
Ever since their father reorganized the Quantum fund in 2000 after heavy losses, the firm has effectively been operating as a family office, relying on various exemptions to avoid registration, the Soros brothers wrote.
Now that many loopholes have been closed, it made more sense to return outsiders' money instead of going through the expensive and time consuming process of registration, people familiar with Soros' thinking said.
"An unfortunate consequence of these new circumstances is that we will no longer be able to manage assets for anyone other than a family client as defined under the regulations," Jonathan and Robert Soros said.
Soros joins a growing list of fund managers who have recently revamped their businesses in the face of fresh regulation. Stanley Druckenmiller, Soros' long-time deputy who helped engineer the firm's winning bet against the British pound in 1992, returned money as did Chris Shumway, who was mentored by another industry great, Julian Robertson. Earlier this year Carl Icahn did the same.
For some outsiders the trend is raising some red flags.
"If the top money managers are closing shop because of overly onerous regulations, then this will ultimately be to the detriment of our institutional investors," said Jim Liew, who teaches finance at NYU's Stern School of Business. "In this environment, we actually need more hedge fund activity: hiring people, raising capital, allocating money, and ultimately stimulating our economy," he added.
MORE BARK THAN BITE
Soros' decision to return money sounds dramatic but the move is expected to be more symbolic than disruptive. The firm is not expected to shrink in size from its roughly 100 employees and George Soros is expected to remain as active in managing money as he always has been.
Soros, and Anderson, recently unwound a huge bet on gold, selling off almost $800 million of exchange-traded funds that hold gold during the first quarter, according to a recent SEC filing. Soros also slashed stakes in gold mining stocks like Kinross Gold and Novagold Holdings.
Indeed even Carl Icahn, who returned outsiders' money, has not retreated from the public stage and recently made a prominent play for bleach maker Clorox. And Julian Robertson, who long mentored some of the industry's next generation of stars, is now letting outsiders invest along side him again.
George Soros' particular focus on philanthropy may have played a hand in his decision to manage only his own money as his support for liberal causes and candidates have increasingly made him into a lightning rod for conservatives.
Last year, Soros told Reuters "I will effectively give away half my income as I earn it and the other half I will give away on my death."
Outsiders interpret this to mean he wants to make more and now it may be easier to act on his own. "The trades that people will have to conduct in the future in order to make money may not be very politically correct -- you may have to short the dollar and do other things that are considered unpatriotic-- and making those bets may be easier without having limited partners calling up to complain," said Charles Gradante, co-founder of Hennessee Group which invests with hedge funds but has no money with Soros right now.
(Additional reporting by Aaron Pressman in Boston and Michelle Nichols in New York, editing by Gerald E. McCormick, Dave Zimmerman)
Gold : Hati-hati koreksi stochastic..target potensial 1632
Secara teknikal untuk sementara emas (XAU=) akan berkonsolidasi terlebih dahulu di antara range area 1608 – 1623. Dibutuhkan break keluar dari area range ini untuk melihat arah yang lebih jelas.
Bila berhasil tembus lagi ke atas area $1623 akan membawa emas naik untuk mencetak rekor tinggi baru dengan membidik area $1630.
Sementara pecah ke bawah $1608 dapat memicu koreksi bearish menuju area $16005 hingga $16000. Namun koreksi minor yang ditunjukkan oleh indikator Stochastic akan membawa XAU= ke beberapa support diantaranya $1615 dan $1608.
Resistance Level : 1623, 1627, 1630
Support : 1615, 1608, 1600
Range : 1608– 1623
Euro Analysis : Midline Pecah, Mungkin Bidik 1.4436
Pergerakan Euro hari ini terlihat berhasil mencapai 123.6% Fibonacci dan saat ini berada di atas median line dari Andrew Pitchfrok. Secara teknikal indikator stochastic berada dalam kondisi jenuh beli dimana euro berpeluang akan melemah. Pecahnya median line akan menjadi momentum bearish bagi euro dan bergerak ke bawah menuju support 1.4436. Waspadai jika resistan 1.4537 ditembus maka pound berpeluang akan bergerak menuju resistan 1.4699.
Sterling Analysis : Pecah 1.6417, Potensial Bentuk Momentum Bearish
Secara umum pergerakan pound masih dalam tren ke atas. Secara teknikal indikator stochastic berada dalam kondisi jenuh beli dimana ada peluang pound akan melemah. Pecahnya support 1.6417 berpotensi akan menjadi momentum bearish bagi pound dan bergerak ke bawah menuju support 1.6338. Tetapi jika pound masih meneruskan penguatannya maka resistan 1.6545 akan menjadi target pergerakan berikutnya.
Teknikal: Waspadai Koreksi Minor Emas
Kondisi carut marut masalah krisis hutang Amerika membuat komoditas emas banyak diminati, sehingga terbuka peluang bagi harga emas untuk melaju setidaknya hingga ke level $1630.
Hari ini harga emas dunia kembali mencatat rekor tertinggi baru di level $1623.86, mematahkan rekor sebelumnya di rekor $1622.49 yang tercatat pada hari Senin 25/07.
Secara teknikal untuk sementara, emas (XAU=) akan berkonsolidasi terlebih dahulu di antara range area 1608 – 1623. Dibutuhkan break keluar dari area range ini untuk melihat arah yang lebih jelas.
Bila berhasil tembus lagi ke atas area $1623 akan membawa emas naik untuk mencetak rekor tinggi baru dengan membidik area $1630.
Sementara pecah ke bawah $1608 dapat memicu koreksi bearish menuju area $16005 hingga $16000. Namun koreksi minor yang ditunjukkan oleh indikator Stochastic akan membawa XAU= ke beberapa support diantaranya $1615 dan $1608.
Setelah Patahkan Rekor, Emas Kini Incar $1630
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Rebound emas tertuama akibat investor dunia masih waspada terkait adanya kebuntuan di pihak Washington dalam debat mengenai anggaran untuk menghindari default dan downgrade. Kondisi carut marut tersebut kemungkinan akan membuat komoditas emas banyak diminta, sehingga terbuka peluang bagi harga emas untuk melaju setidaknya hingga ke level $1630.
Namun aksi jual sedikit akan mewarnai bursa emas dunia menjelang akhir masa kontrak option sehingga akan turut menekan harga emas.
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