WHLShoes Women's Flat Sandals Flat simple Parent bottomed sandals summer flat bottomed fashion ladies simple revealing toe pure color... B07DJBQSPW Parent 9b40770 - 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.”

WHLShoes Women's Flat Sandals Flat simple Parent bottomed sandals summer flat bottomed fashion ladies simple revealing toe pure color... B07DJBQSPW Parent 9b40770

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 *

WHLShoes Women'S Sandals Word Buckle Female Sandals Summer High-Heeled Fine With Open-Toed Students Beaded Wild... B07DJTPWQV Parent , WHLShoes Women'S Sandals Muffins Thick-Soled Sandals Summer Ladies Word Wild Middle-Heeled Soft Sister Student... B07DJTRDTN ParentWomen'S Sandals Pointed Flat Bottom Sandals Female Shallow Mouth Flat With A Word Hundred Rivet Comfort And Leisure B07DJTW8ZL Parent , WHLShoes Women'S Sandals High-Heeled Sandals Summer Ladies Fashion Word Buckle Casual Metal Decorative Rivets... B07DJTW91D ParentWomen'S Sandals One-Button Buckle Sandals Summer Rough With Women Comfort Casual Wild Bow Open Toe Side Air B07DJW1RCS Parent , WHLShoes Women'S Sandals Waterproof Platform Sandals Summer Thick Platform Slope Casual Muffins High-Heeled Comfort... B07DJW1RDK Parent , Women'S Sandals Thick With High-Heeled Sandals Summer Casual Wild Suede Buckle Open Toe Stones Comfortable B07DJWHGNW Parent , WHLShoes Women'S Sandals Fashion Sandals Spring And Summer Ladies Buckle High-Heeled Toes Wild Fine With Casual... B07DJW398J ParentWHLShoes Women'S Sandals Stylish Women'S Sandals Summer Dew Toe Pearl Thick With Fish Mouth Big Size Comfort Casual... B07DJWKPCC ParentEcho Women's High Heel - Embroidered Butterfly Sandals,Sandals For Party And Wedding,38 B07DK5TFHH Parent , WHLShoes Women'S Sandals Metal Hundred Women'S Sandals Summer Students A Word Buckle Thick With Sequins Comfortable... B07DJWKPCV ParentWHLShoes Women'S Sandals Summer Sandals Female Students Flat Bottomed Toe Toe Harbin Beach Comfortable Beach Comfort B07DK8T9M4 Parent , Gentlemen/Ladies HUF Banana Slide Sandals B07DK86KX4 Parent durability Upper material Strong heat and heat resistance , Coolcept Women High Heel Summer Booties B07DKCZ94G ParentCoolcept Women Stiletto Party Sandals B07DKBRWJ4 ParentWHLShoes Women'S Sandals Rhinestone Women'S Sandals Xia Pingdi At The End Of Round Stones Toe Students Wear Non-Slip... B07DKDZX2V ParentWHLShoes Women'S Sandals One-Button Buckle Sandals Summer Female Flat Toe Clip Feet Flat With Fashion Casual Wild... B07DKDSLTK Parent , Echo Women's High Heel - Embroidered Butterfly Sandals,Sandals For Party And Wedding-Silver,38 B07DKF86ND ParentWHLShoes Women'S Sandals Casual Sandals Female Summer Wild Students With A Thick Middle And Outer Wear Comfort B07DKF7JNY Parent , Lotus Aveley Womens Ankle-Strap Sandals B07DKG6ZLS ParentWHLShoes Women'S Sandals Fashion Sandals Summer Women'S Wild High-Heeled Platform Buckle Comfortable Waterproof... B07DKFFNDP ParentWHLShoes Women'S Sandals Fashion Sandals Open-Toe Thick With Flip-Flops Transparent Joker Temperament Comfortable... B07DKGNTFB Parent , Man's/Woman's Susimoda 133015 Sandals Women B07DKGFMYM Parent Durable service Sufficient supply Different goodsWHLShoes Women'S Sandals Thick-Soled Sandals Female Summer Students Fashion Wild Open-Toed Flat Casual Comfort B07DKGQYRC ParentWHLShoes Women'S Sandals High Heel Fish Mouth Sandals Summer Slope And Female Waterproof Table Buckle Mesh Cloth... B07DKGNTFT ParentWHLShoes Women'S Sandals Fashion Sandals Summer Flat Bottomed Students Simple And Comfortable Comfortable And... B07DKGSK8Q Parent , Women'S Sandals New Sandals Flat Sandals Beach Sandals Women Summer 2018 Korean Edition Students' Exposed Toes... B07DKGRJ3R Parent , Women'S Sandals Fashion Sandals Baotou Pointed Wild Summer Female Coarse High Heel Comfortable Leisure B07DKGZNKP Parent , WHLShoes Women'S Sandals Fashion Sandals Female Xia Pingdi Soft Bottom Wedge With Non-Slip Open Toe Comfortable... B07DKGWXLG Parent ,

Time limit is exhausted. Please reload CAPTCHA.

WHLShoes Women's Flat Sandals Flat simple Parent bottomed sandals summer flat bottomed fashion ladies simple revealing toe pure color... B07DJBQSPW Parent 9b40770 - salonsevendallas.com