Kennel und B075T46X87 Schmenger Women’s Big Big Slip on Trainers, gamesworld-22126 Black Parent B075T46X87 fa8cb21 - 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.”

Kennel und B075T46X87 Schmenger Women’s Big Big Slip on Trainers, gamesworld-22126 Black Parent B075T46X87 fa8cb21

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 *

Meijili Women's Peep Toe Mid Heel PU Leather Glitter Salsa Tango Ballroom Latin Party Dance Shoes Parent B01KJRTW98Under Armour Women’s Ua W Speedform Amp 3.0 Fitness Shoes Parent B076S9XLR6Love Moschino Women's Ja15023g16if085a Sneaker Parent B078HC2J3XMen/Women Blackstone Women’s Pl87 Trainers Parent B0756FCVWH Special purchase excellent Great choice , RTRY Women'S Sandals Comfort Pu Summer Casual Comfort Blushing Pink Black White 3In-3 3/4In Parent B074DVCPVN , Skechers Performance Women's On The Go 400 Discover Flip Flop Parent B01IIQ090SVans Authentic ESP, Women’s Low-Top Sneakers Parent B017Z6T02AGAOLIXIA Women's Sandals Pu Simple High Heels Pointed T-Button Buckle with Hollow Roman Shoes Black Apricot Cyan Parent B07CKMY3WY , Wachsjacke24 Women's Water Shoes * Parent B01J5WNJY2Lindsay Phillips Nina Switch Flop Strap (Large 6,7,8) Parent B0036FRLOYXIAOGEGE The new summer fashion, wear flat and soft-mei flat women shoes Parent B07DFMSQCCLadies Shoes for adults/ women's ballet shoes/ dancing shoes/Soft bottom dance shoes Parent B01NCKLCMR , Guess Fosca, Women’s High Trainers Parent B01JZM9FJA , ZormeySandals Spring Summer Fall Slingback Pu Office &Amp; Career Party &Amp; Evening Dress Flat Heel Parent B072XM14FGBeco Women’s Pantoletten, Badelatschen Unisex Mules Parent B007517AJQGentleman/Lady Vagabond Zoe, Women’s Trainers Parent B0761ZVNKT Wear resistant Order welcome Acknowledgement feedbackHummel Slimmer Stadil Waxed Hi, Unisex Adults' Hi-Top Sneakers Parent B00WS6DPCO , Pieces Women’s Pspaulina Suede Sneaker Ash Rose Trainers Parent B072HCCL4RMustang 1226-401-555, Women's Sport Shoes Parent B016XTHIG0Karrimor Womens Rapid Running Shoes Parent B079L4BHVY , Sneaky Steve Silvermine Low w Sue Women's Sneakers White Parent B076WYLW59 , Asics Lyte-Jogger H7G1N-9097, Unisex Adults’ Cross Cross Trainers Parent B01N7C5AOE , Kennel und Schmenger Schuhmanufaktur Queens - Sneaker - Zip, Women’s High-top Parent B01LYZY2YPadidas Women’s Cloudfoam Ultimate Low-Top Sneakers Parent B0776X2WGR , Puma Women's Roma Metallic Sneaker Parent B00VR1B5UK , Women Open Toe Scrub Rivets Tassel Flat Sandals Large Size Shoes 40-43 Yellow Black Beige Parent B072LR13SL , Miyoopark Ladies Fashion Ankle Strap Suede Latin Dance Sandals Wedding Shoes MY-L194 Parent B01H9W9C5K , adidas Women's Trainers Black Black Parent B07CN93VB3T.T-Q Women's Dance Shoes Leatherette Heel Beginner Professional Black Latin Sandals Salsa Jazz Tango Swing Practice... Parent B07DJC1TQL ,

Time limit is exhausted. Please reload CAPTCHA.

Kennel und B075T46X87 Schmenger Women’s Big Big Slip on Trainers, gamesworld-22126 Black Parent B075T46X87 fa8cb21 - salonsevendallas.com