SHANGXIAN Summer High Heel Heel Shoes Women Sandals SHANGXIAN Slipper Fashion Fashion Popular Leather Flip Flops,White,US5.5/EU36/UK3.5... B07D9FHHPB Parent 9924b99 - 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.”

SHANGXIAN Summer High Heel Heel Shoes Women Sandals SHANGXIAN Slipper Fashion Fashion Popular Leather Flip Flops,White,US5.5/EU36/UK3.5... B07D9FHHPB Parent 9924b99

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 *

ZHANGJIA Flat Bottom Fairy Shoes Retro Ladies Large Sandals 33 White Red B07DQJR8W6 ParentZHANGJIA Wild Sandals Schoolgirl Flat Simple Ladies Fashion Couple Beach Shoes Black B07DQQ1BMR ParentZHANGJIA Wild Sandals Schoolgirl Flat Simple Ladies Fashion Couple Beach Shoes B07DQRJBXL ParentYLLXZ Women's shoes sandals Spring and summer Soft bottom flat Diamond flip-flops Beach shoes seaside Nude color... B07DRGQ54J ParentDonyyyy Casual shoes, sandals, women's flat bottomed women shoes, cool slippers B07DQV1XTW Parent , ZHANGJIA High-Heeled Female Sandals Thick With Thick Non-Slip Comfort Diamond Fish Mouth Summer Shoes B07DR1H3QT Parent , Donyyyy Flowers, women beach shoes, flip flops, sandals, beach shoes. B07DQXW2MK ParentWomen's sandals large numbers of high-heeled shoes thick with sandals B07DQY55RQ ParentWomen's Open Toe Sandals Bohemia Beach Shoes Elastic T-Strap Post Sandals Running Daily Wear Size 3-7 B07DQZQXD5 ParentZHANGJIA Shoes Thick With High-Heeled Shoes Suede Round Hollow Open-Toe Ladies Fashion Sandals Tide B07DQRSB2L ParentWomen's sandals and stylish high-heel strap sandals women's shoes B07DR8C9YL Parent , YLLXZ Women's shoes sandals Spring and summer Soft bottom flat rivet flip flops black pink Beach shoes seaside... B07DRJLBCF ParentYLLXZ Women's shoes sandals flip-flop Spring and summer Thick bottom flat Soft bottom flip-flops Diamond black... B07DRH92FT ParentAJZGF Beach Slippers, Flat Shoes Out of The sea, Wild Sandals, flip-Flops Wearing Lazy Shoes. B07DRP15KM Parent , YLLXZ Women's shoes sandals Spring and summer Soft bottom flat rivet flip flops Beach shoes seaside outdoor shoes... B07DRJSB32 ParentSandals Amazing Non-slip Strap Female Summer Flat With Rome Vacation Beach Shoes (Color : Yellow, Size : EU37/... B07DSDYRLX ParentSandals Amazing Women Summer Bohemia Sweet Flower Beads Shoes Flat Beach Shoes (Color : Red, Size : EU37/UK4.5... B07DSBV6CS Parent , LHA Sandals Thick-soled Muffins Word Slipper Female Summer Fashion Wearing 2018 New Student Wedges Sandals Wild... B07DSFH274 Parent , Sandals Amazing Summer Heel Female Thick Bottom Women's Shoes Flowers Vintage Beach Shoes Roman Shoes (Color :... B07DSF81JT ParentLHA Sandals Word Slippers Female Summer Fashion Wear 2018 New Sequins Thick Bottom Sandals Students Wild Women... B07DSGCWDQ ParentSandals Amazing Women Summer Roman Flat Platform Shoes (Color : White, Size : EU36/UK4/CN36) B07DSFP8R2 Parent , Angel love beauty Women Anti-Skidding Flat Heel Sandals Slippers Beach Shoes Juniors Flip Flops (Color : Black... B07DT1M4PH ParentSandals Amazing Bohemian Flat Beach Female Summer Open Toe Flowers Casual Roman Shoes (Color : B, Size : EU39/... B07DSQQZ9R Parent , ITTXTTI Women's Sandals Simple Clip Toe Rome Shoes Herringbone Shoes Student Wild Summer Outdoor Shoes, 39, Reddish... B07DV5W3Q9 ParentWKNBEU Ladies Pointed Toe Stiletto Heels Denim Blue Rivet Fashion Shallow Work Shoes Party Bridesmaid Sparkling... B07DT27J2F Parent , ITTXTTI Ladies Sandals Summer Student Sandals Footwear Shoes Fashion Sandals Simple Wild Vintage Bow, 36... B07DVC2H1M ParentITTXTTI Women's Sandals Women's Summer Bohemia One Shoes Two Wearing Flat Simple Retro Sandals Female, 35, Two... B07DV8P5LH ParentITTXTTI Women's Sandals Women's Summer Bohemia One Shoes Two Wearing Flat Simple Retro Sandals Female, 38, Two... B07DVD17GY Parent , ITTXTTI Women's sandals summer sandals rhinestone toe shoes wild flat comfortable outer wear Roman women's shoes... B07DVCGFQW Parent

Time limit is exhausted. Please reload CAPTCHA.

SHANGXIAN Summer High Heel Heel Shoes Women Sandals SHANGXIAN Slipper Fashion Fashion Popular Leather Flip Flops,White,US5.5/EU36/UK3.5... B07D9FHHPB Parent 9924b99 - salonsevendallas.com