NGRDX&G Shoes Thick Sandals Woman Sandals Shoes Women'S Shoes B07DCT7XFG Women'S Sandals Parent 8472260 - salonsevendallas.com

Asia shares rally as Wall St bounce relieves
Visitors look at a stock quotation board at Tokyo Stock Exchange, October 11, 2018. — Reuters pic
Visitors look at a stock quotation board at Tokyo Stock Exchange, October 11, 2018. — Reuters pic

SYDNEY, Oct 17 — Asian got some much needed relief today after upbeat US earnings reports drove a rebound on and helped restore a little confidence in emerging market stocks and currencies.

Japan’s Nikkei leaped out of the gates with an early rise of 1.3 per cent, but still has a long way to go to recoup the past week’s losses.

MSCI’s broadest index of Asia- shares outside Japan added 0.5 per cent and South Korea 1.5 per cent.

had jumped more than 2 per cent yesterday in reaction to upbeat earnings reports from major companies including UnitedHealth and Goldman Sachs.



“Analysts are looking at this reporting season in particular and the general data over the next couple of months for signs that the receding tailwinds of fiscal stimulus and the headwinds of tariffs are going to hit the US market simultaneously,” said Rakuten Securities Australia COO, Nick Twidale.

“On first viewing this doesn’t appear to be happening.”

On Wall Street, the three major indexes tallied their biggest one-day percentage gains since March. The Dow jumped 2.17 per cent, while the S&P 500 climbed 2.15 per cent and the Nasdaq 2.89 per cent.

Netflix Inc shot 12 per cent higher after the close as its results far outstripped market expectations with 7 million streaming customers added.

The blockbuster outcome sent shares of Alphabet Inc, Facebook Inc and Amazon.com Inc up about 1 per cent in extended trade.

The four make up the so-called FAANG group of high-growth companies that in recent months has lost some of its momentum following market-leading gains in recent years.

The US economic news was also robust, notably a sharp rise in job openings to a fresh all-time high.

My biggest threat



All this cheer favoured beaten-down currencies in emerging markets while taking some steam out of the safe-haven yen. The MSCI Emerging Market Currency Index rose for a third straight session.

The latest survey of global fund managers by BofA Merrill Lynch found they saw emerging market currencies as the most undervalued ever against the .

The dollar itself was up on the yen at 112.31 but flat on the euro at US$1.1578. Against a basket of currencies, the US dollar idled at 95.080 having touched a two-week trough overnight.

Not helping the US dollar was fresh criticism of the Federal Reserve from US President Donald Trump, who told Fox Business Network: “My biggest threat is the Fed.”

NGRDX&G Shoes Thick Sandals Woman Sandals Shoes Women'S Shoes B07DCT7XFG Women'S Sandals Parent 8472260

Trump has recently castigated the for raising interest rates.

“While such name calling shouldn’t mean anything in terms of what the Fed actually does, it is a factor which somewhat undermines sentiment towards the dollar,” said Ray Attrill, head of FX strategy at NAB.

“It’s a contributory factor, albeit minor, to recent poor performance of the US dollar.”

In commodity markets, held near recent 11-week highs at US$1,225.64 (RM5,091.42).



Oil prices firmed as expectations of higher US shale output vied with the risk that crude supply from the Middle East could be disrupted by looming US sanctions on Iran and growing tensions with top exporter Saudi Arabia.

Saudi Arabia has been under pressure since prominent Saudi journalist Jamal Khashoggi disappeared after visiting the Saudi consulate in Istanbul.

US crude rose 35 cents to US$72.27, while crude climbed 33 cents to US$81.74 a barrel. — Reuters

Source: The Malay Mail Online

Post Views: 6





Leave a Reply Cancel Reply

Your email address will not be published. Required fields are marked as *

NGRDX&G White Shoes Girl Shoes Round Head Strap Student Casual Women Shoes B07DDJ7S49 ParentNGRDX&G White Shoes Women Shoes Single Shoes, Casual Women Shoes B07DDJD245 Parent , NGRDX&G The Girl Thick Shoes Running Shoes B07DDJJ9XQ ParentNGRDX&G Sports Shoes Female Running Shoes Women Thick Women Shoes B07DDK8VYP ParentNGRDX&G White Shoes Women Casual Shoes Women Shoes B07DDJJT12 ParentNGRDX&G White Shoes Women Casual Shoes Female Students Shoes Women Shoes B07DDKCMDY ParentNGRDX&G White Shoes Social Women Shoes Student Shoes Shoes Canvas Shoes B07DDJKGW2 Parent , NGRDX&G Mesh White Shoes Women Casual Shoes Thick Exposed Breathable Mesh Upper For Women Shoes B07DDJNJLM Parent , NGRDX&G Women Shoes White Shoes Breathable Mesh Upper For Women Thick Shoes Sports Shoes Women'S Shoes B07DDJMGMN Parent , NGRDX&G Sports Shoes Women Thick Breathable Mesh Upper For Running Empty Shoes Women Shoes B07DDJMZWY ParentNGRDX&G White Shoes Women Shoes, Casual Shoes Female Strap Breathable Single Shoes Female B07DDJKBR5 ParentNGRDX&G Air Cushion Shoes Female Thick Running Shoes Mesh Breathable B07DDJNJLQ ParentNGRDX&G White Shoes Female Thick Leisure Sports Shoes Single Shoe Strap Round Head Breathable Women'S Shoes B07DDJDMS7 Parent , NGRDX&G Thick Sand Sandals Women Sandals Women'S Shoes B07DDJSC28 ParentNGRDX&G Sports Shoes Female Running Shoes Women B07DDK741R Parent , NGRDX&G White Women Shoes Leisure Thick Exposed Breathable Women'S Shoes Sports Shoes B07DDJSDFZ Parent , NGRDX&G Running Shoes Girls Running Shoe Breathable Mesh Women'S Shoes B07DDJQWRJ Parent , NGRDX&G Leisure Sports Shoes Running Shoes Women Shoes Thick Female Students. B07DDJXF6M ParentNGRDX&G Sports Shoes Mesh Breathable Running Shoes Thick Shoe Girl B07DDJXF6S ParentNGRDX&G Sandals Female Thick Sandals Women Shoes B07DDJZSK9 ParentNGRDX&G Women Shoes Running Shoe Leisure Shoes Female Students Shoes B07DDK3VVX Parent , NGRDX&G Sports Shoes Mesh Breathable Running Empty Women'S Shoes B07DDJCC2P ParentNGRDX&G Thick Women Shoes Sports Shoes Mesh Breathable Running Shoes Women B07DDK3VW1 Parent , NGRDX&G Mesh Shoes Female Thick Breathable Mesh Upper For Exposed Shoes Running Shoes Women Shoes B07DDJMZWR ParentNGRDX&G Knitted Shoes Female Running Shoes Women Thick Women Shoes B07DDJSDG4 Parent , NGRDX&G White Shoes Is With Single Shoes Female Students Shoes, Casual Shoes B07DDK6S5F Parent , NGRDX&G White Women Shoes Mesh Breathable Casual Shoes Single Shoes Women Shoes B07DDJSC2F ParentNGRDX&G Thick White Shoes Women Casual Pink Shoes. B07DDK6S5S ParentNGRDX&G Air Mesh Shoes, Casual Shoes White Running Shoes Women B07DDJJCG8 Parent ,

Time limit is exhausted. Please reload CAPTCHA.

NGRDX&G Shoes Thick Sandals Woman Sandals Shoes Women'S Shoes B07DCT7XFG Women'S Sandals Parent 8472260 - salonsevendallas.com