Posts Tagged ‘Market’
Rupiah sharply observed superior to the pound sterling in foreign exchange trading today (05-09).
This is related to the latest information about the Services PMI indicator has just been released by Markit, which the report shows a decrease in performance in the UK services sector.
Indicator Services PMI fell to 51.1 which was reported previously expected only to fall to 54.3 from 55.4 the previous value.
that the British pound weakened observed moving around – 1:15% against the rupiah at foreign exchange trading today, and led Sterling to a close range of the weakest since August. Read the rest of this entry »
After continued to flare throughout the week, the stock indices on Wall Street the U.S. finally put an end to trade on the weekend with a positive after the appearance of a signal that the stock selloff will end.
In trading Friday (08/12/2011), the volume of stock trading is very thin compared to previous days, due to downgrades because of debt the U.S. is entangled.
Still, the stock market decline this week, and all three this week Wall Street suffered the worst decline since March 2009.
The only hope for investors today is market saturation with a sell and it will stabilizing the index after a massive selloff.
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A total of eighteen economic ministers in the countries of Asean and its partners such as China, Korea, Australia and Russia met in a forum titled ASEAN Economic Meeting (AEM) to 43 in Manado. In this meeting, they will discuss developments and challenges of the ASEAN Economic Community (AEC) by 2015.
This meeting is important because it held amid global economic uncertainties due to fiscal conditions in the United States and Europe.
In this forum, discussed about the ASEAN economic community is inclusive and equitable about the role and efforts that involve SMEs. As chair of ASEAN this year, Indonesia, according to Mari actively encourage cooperation framework for realizing the strategy is inclusive and equitable development are underpinned by two things: the development of SMEs and the reduction in levels of development.
For information, a number of international direct investment (foreign direct investment or FDI) into ASEAN in 2010 reached USD75, 8 billion. Intra-ASEAN FDI increased 131.8 percent in 2010. Flow of intra-ASEAN sources representing 16 percent of total FDI flows into ASEAN in 2010, so that ASEAN is the third source of the largest FDI in Southeast Asia.
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The results of the meeting the U.S. central bank (Federal Reserve) to make Wall Street back bright cheerful. The Dow Jones even sped up to nearly 4% after 2 days earlier slumped to its lowest point since the last 2 years.
The Fed at its meeting decided to keep interest rates low in the range of 0 to 0.25 extra% for the next 2 years in connection with the weakening economy. Extra-low interest rates that have been pegged since December 2008 will be maintained at least until mid-2013.
The Federal Open Market Committee (FOMC) during the first days after the meeting, said that currently they estimate the growth at a slower rate in the next few quarters, than forecast in June. The risk of economic weakness also improved.
However, the FOMC did not mention the replacement of the program Quantitative Easing (QE2) worth U.S. $ 600 billion, which had ended in June, although they claimed was reviewing the device to boost economic growth currently slowing. Read the rest of this entry »
Although shares in the United States (U.S.) rose after experiencing the worst phase for two years, the trade Friday, August 5 local time yesterday, but investors in the U.S. market is not too respond to the increase this time.
increase in stocks is because Italy announced plans to accelerate financial reforms. In addition, data express the number of U.S. employment is also higher than expected positive response by some employers.
For information, movements in U.S. stocks suffered losses after the Fed Rueters reported that the Italian press for reforms in return for steps to buy state bonds. Italy will accelerate the austerity measures and seek a balanced budget in 2013 or later or a year sooner than planned.
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Chinese security authorities arrested 2,000 people and closed nearly 5,000 business sectors of food after emerging issues will be contamination of foodstuffs.
In April, China launched a campaign against food scandal in his country, because previously there were cases of sale of pork in the market are contaminated with bacteria.
Approximately six food business sector is also currently under investigation and 4900 of them closed, because doing illegal business practices.
Chinese police also destroyed the illegal sector of food production and food warehouse and arrested 2000 suspected food scandal. Police also emphasized that anyone involved will be severely punished. Read the rest of this entry »
Google Inc. will invest more than in Indonesia than in Singapore, Malaysia, and Thailand. However, the total investment to be issued can not be ascertained.
Given Google’s investment, will bring many benefits to be gained by Indonesia. Gita explains, investment from Google will attract investment from other parties.
Its impact on branding and positive signal to other investors around the world, that Google just believe in the Indonesian market, there are several obstacles that they want to realize the investment in Indonesia, one of which revenues from advertising (advertising revenue).
former CEO of Google, they expressed interest in investing in Indonesia. Surely they menginkan there are some things to be clarified. The first interest of advertising revenue. Read the rest of this entry »
The rupiah is in line with the weakening trend of the strengthening U.S. dollar (U.S.) for a variety of emerging market currencies, including Indonesia.
Weakening trend of the rupiah will this time still caused by the same thing, that would be debt crisis in the European zone where, at this week’s meeting will be held to discuss the bailout will be given.
In addition the threshold of U.S. debt is still being debated, also became a major concern for investors. Moreover, U.S. economic data has not been sufficiently stable to date.
The U.S. debt limit must be raised. If not, there will be a default or defaults that could cause the world economy collapse. As we all know the U.S. is one of the Master’s economy in the world.
Rupiah, according to the middle exchange rate of Bank Indonesia (BI), Monday, July 18 and then weakened Read the rest of this entry »
After rose last week, U.S. stock index (the U.S.) seem lifeless. Nevertheless, the lack of value of transactions indicates the market is still volatile. The Nasdaq managed to close higher, while the Dow Jones and S & P 500 ended down after five days earlier recorded a best position for the last two years.
S & P rose 5.6 percent last week, rebounding from a weakening trend over the last two months. But concerns about economic growth and the potential for U.S. debt may debilitating in the coming days.
In another prospective, Moody’s Investors Service lowered the credit rating Portugal into “junk territory” due to the risk to be borne by the country making it need bailouts before it can return to the capital markets. It makes the debt is still alarming despite eurozone has no resolution for Greece’s fiscal crisis.
After the holiday commemorating Independence Day, in late trading Tuesday (05/07/2011) local time, the Dow Jones Industrial Average fell 12.90 points, or 0.10 percent, to 12569.87. Standard & Poor’s 500 index fell 1.79 points, or 0.13 percent, to 1337.88. And the Nasdaq Composite Index rose 9.74 points, or 0.35 percent to 2825.77.
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Trade Minister Mari Elka Pangestu visited Skow pilot market in Jayapura is located on the border of Indonesia and Papua New Guinea (PNG). This market is expected to be one of the pilot markets, because the activity is expected to increase exports to PNG in the last year alone reached USD202, 430.
Seeing this potential, the better the physical condition and its management the more it will attract many PNG citizens to cross and shopping needs. Hopefully, the citizens of PNG is not only the shopping needs of everyday products but also clothing and electronics. This market can also serve to introduce Indonesia to the public culinary PNG.
Skow market is the market-nine of the 10 markets that will be revitalized to be developed as a pilot by the Ministry of Trade market. Previously, Mari has visited Pangururan Market in Samosir District, Market District Lambocca in Bantaeng, in Kab Takalar Pattalassang Market, Market in the District Grabag Purworejo, Clark Flower Market in Klaten district, the district Pacitan Minulyo Market, the Market Court in Denpasar, and the Market Panorama City Bengkulu.
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