The movement of crude oil prices to trade this afternoon (12/12) recorded a slight increase. Oil apparently still be apart of the movement is limited due to the pressure that comes from the prediction that U.S. crude inventories for last week is expected to rise by 4.27 million barrels.
On the other hand, markets expect that the ongoing Fed meeting today is expected to benefit the U.S. economy, especially in the monetary sector in the short term.
Crude oil futures rose 11 cents to 85.9 dollars per barrel. Meanwhile, Brent crude rose 35 cents to 108.36 dollars per barrel.
Division of Research in Vibiz Vibiz Consulting estimates that the movement of oil will last in limited movement with the support level of 85.38 dollars per barrel and resistant level of 86.82 dollars per barrel.
U.S. stocks to trade today (12/12) recorded an increase. Rising stock movement triggered by positive sentiment about the speculation that the Fed will issue a policy of monetary stimulus to the sector. At the same time U.S. President Barack Obama said it has lowered its revenue performance state if the tax rate is increased. Reduction targets fell by 200 billion dollars to 1.4 trillion dollars.
The Dow Jones rose 0.15% to 13 298 basis points, the Nasdaq composite index rose 0.31% to 2694 basis points and the S & P 500 rose 0.22% to 1434.6 basis points.
Stocks that such increase is Dupont shares rose 1.09% to 43.69 dollars, Costco shares rose 0.65% to 98.31 dollars and Apple Inc shares rose 2.18% to 541.38 dollars.
The movement
of the Singapore dollar on currency trading EUR / USD today
(04/12) showed a positive sentiment towards the currency, and seemed to rebound on weak bearish pattern.
Analyst
Research Consulting suggests that the
Singapore dollar observed to
move up about +
0.10% against the Euro currency in forex trading
today. According to Bank Indonesia
rate announcement today Singapore dollar selling rate in the range of Rp. 7914.24/SGD and buying rate of Rp.
7834.89/SGD.
Meanwhile, against the U.S. dollar
on the pair USD / SGD, Singapore
Dollar strengthened and monitored exchange rate showed an upward movement being rolled
around + 0.09%, and penetrate the strongest record in the last 7 weeks. However, the euro currency is tracked down, and roll rate
showed a decline - 0.25%
on the pair EUR / SGD.
The performance of stock trading in
Singapore stock exchange
indicates a negative
development in which the
index of leading shares Straits Times Index STI today closed
flagging observed around -0.12% at
3062.12, and
the FTSE ST All-Share Index
closed down about -0.13%
at 749.47.
At
the close of trading on
U.S. exchanges increased early this morning (01/12).
Stock markets end the
day with a victory in November, managed
to rebound in 15
minutes of trading. The S & P 500 managed to record weekly gains for two consecutive weeks.
MetroPCS Communications Inc.. rallied 5% after Guggenheim
Securities LLC said the company may receive a
bid and Sprint Nextel Corp. VeriSign Inc. decreased by
13%, the most in
the S & P 500.
Shares of Yum! Brands Inc..
ending trade with a decrease of 9.9% after it said that sales in China will
decline. Zynga Inc.
decreased by 6.1% after losing a long-term partnership with Facebook Inc..
In late
trading early this morning the
S & P 500 experienced
a slight increase, less than 0.1%
and ended at 1416.18 points position.
Meanwhile, the Dow Jones index rose 3.76 points
and closed at 13025.58
points.
The S & P 500 rose 0.5% this week and 0.3% throughout the
month of November. U.S.
stocks this week amid
volatile moves unclear sentiment regarding budget decisions in that State.
