RUGAI-UE RUGAI-UE High Heeled Sandals Summer Fashion Students Rough Sandals Heel Parent Women Shoes Parent B073WSW3HN 3f72c49 - 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.”

RUGAI-UE RUGAI-UE High Heeled Sandals Summer Fashion Students Rough Sandals Heel Parent Women Shoes Parent B073WSW3HN 3f72c49

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 *

YMFIE Men and women's home indoor exposure toe massage antiskid slippers soft foam sole for swimming pool shoes Parent B07CBJMVQDZenzzle Womens Running Shoes Tropical Flower Pattern Print for Ladies Outdoor Running Sneakers Parent B07CLHYMMQWomens's Shoes Knit Spring Fall Slip On Casual Sneakers Breathable Tulle Girl Shoes Academy Height Increase Shoes... Parent B07CQRJ9K8 , Man/Woman Pepe Jeans Women's Trainers Parent B07GXFDRWV High quality and low overhead At a lower price Exquisite processingNIKE Unisex Adults’ Hypervenom X Phelon Iii Ic Jr 852600 801 Trainers Parent B002C80648Zenzzle Doodle Nesting Birds Boxes Print on Women's Running Shoes Casual Lightweight Athletic Sneakers US Size... Parent B07839QWPJ , Advocator Funny Lightweight Mesh Rubber Soles Sport Shoes Sneaker for Men Parent B07GL2DTV7 , Summer women's diamond sandals, sandals, big yards, women's sandals Parent B072Q7M7BXDrunknMunky Women's Trainers Silver silver Parent B01GJI8F8AGeox Women’'s D Airell a Low-Top Sneakers Parent B0792T5HHYReece Hockey Hyper Knitted Sneaker Aqua Blue Multi Parent B00UBEOLICZenzzle Womens Running Shoes Sprint Carnival Pattern Print for Laides Outdoor Sneakers Parent B07CQZPBY8 , Zenzzle Womens Running Shoes Cute Cats Dogs Pattern Print for Ladies Outdoor Running Sneakers Parent B07CLHVRYH , Asics Women’s Hyper-Rocketgirl XC Cross-Country Running Shoe, Grape/Pistachio/Indigo Blue, 5 B US Parent B01GGK1SJO , kunmiger Embroidered Women's Shoes Shoes basse-nero Parent B07DS5YH8L , HBDLH Autumn And Winter High Gang Female Canvas Shoes Students Leisure Joker Flat Bottom Board Shoes. Parent B07DBP59GV , RUGAI-UE Slippers Women Summer Slip Slope Beach Shoes Parent B073WT4L8G , Top Shishang In the summer, ladies' high-heeled shoes are elegant, hollowed out, late fashion shoes, super fashionable... Parent B07FMM1ZY6 , Northwest Territory Ladies Leather Lightweight Waterproof Walking Hiking Trekking Comfort Memory Foam Shoes Size... Parent B073V4L5QQ , Conber iPhone 8 Case with [free Tempered Glass Screen Protector], Ultra Thin Slim Silicone Gel Case with Fashion... Parent B07DGQ123TShangYi Customizable Women's Dance Shoes Latin Silk Customized Heel Black / Brown / Silver / Gold / Leopard /... Parent B01G1G7KUE , MINITOO Ladies TH095 Fashion Cross Strap Green Satin Wedding Ballroom Latin Taogo Dance Sandals 8 UK Parent B00TGYPFAG , MINITOO Ladies TH095 Fashion Cross Strap Green Satin Wedding Ballroom Latin Taogo Dance Sandals 3 UK Parent B0176A33S2MINITOO Ladies TH095 Fashion Cross Strap Green Satin Wedding Ballroom Latin Taogo Dance Sandals 2.5 UK Parent B01CX4XR00MINITOO Ladies TH095 Fashion Cross Strap Green Satin Wedding Ballroom Latin Taogo Dance Sandals 7 UK Parent B0176A3CV0MINITOO Ladies TH095 Fashion Cross Strap Green Satin Wedding Ballroom Latin Taogo Dance Sandals 4.5 UK Parent B01CX4XUZCMINITOO Ladies TH095 Fashion Cross Strap Green Satin Wedding Ballroom Latin Taogo Dance Sandals 3.5 UK Parent B01CX4XSYUMINITOO Ladies TH095 Fashion Cross Strap Satin Wedding Ballroom Latin Taogo Dance Sandals Parent B01CX4XYF8MINITOO Ladies TH095 Fashion Cross Strap Green Satin Wedding Ballroom Latin Taogo Dance Sandals 5.5 UK Parent B01CX4XWJ6

Time limit is exhausted. Please reload CAPTCHA.

RUGAI-UE RUGAI-UE High Heeled Sandals Summer Fashion Students Rough Sandals Heel Parent Women Shoes Parent B073WSW3HN 3f72c49 - salonsevendallas.com