Top versatile autumn ShishangLeather Martin simple boots boots simple versatile locomotive autumn and winter B07H5FVTPY Parent a379e50 - 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.”

Top versatile autumn ShishangLeather Martin simple boots boots simple versatile locomotive autumn and winter B07H5FVTPY Parent a379e50

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 *

Top Shishang Suede women's boots Martin boots short boots autumn and winter models in the tube B07H6WKCD1 ParentTop Shishang Martin boots British wind boots autumn frosted flat locomotive B07H6YHYSB Parent , Q&Q Female Black Banquet Waterproof Platform High Heel Boots Large Size Round Head Ankle Boots 8007FD B07H6YP3ST ParentWomen's Stiletto Heels Platform High Over The Knee Long Boots B07H6YSYB8 Parent , Women's Thick Bottom Strap Leather Short Ankle Boots B07H6YSY9V Parent , Top ShishangLeather women's boots autumn and winter leather Chelsea women's boots in short tube scrub boots casual B07H6Z438G Parent , Women's Stiletto Heels Over The Knee Long Boots B07H6YSYBP Parent , Top Shishang Martin boots boots autumn and winter leather women's boots B07H6ZHCWQ ParentWomen's Pointed Toe Block Heels High Boots B07H6Z49Y2 Parent , Cafè Noir LFL603 POLACCO Lacci B07H714HSF ParentAnMengXinLing Ankle High Motorcycle Boot Women Low Block Heel Suede Leather Buckle Strap Combat Boot Slip On Biker... B07H71HWX4 Parent , Women's Rough Heels Platform High Over The Knee Long Boots B07H71BVNK ParentGentleman/Lady Caprice 9-25105-21 Womens Booties B07H71J5MX Parent Consumer first Comfortable touch International big name , KOKQSX-Medium tube medium heel pointed head thick heel high heel 6CM elastic boots. B07H8G9C2Q Parent , KOKQSX-Ladies boots single boots pointed heads thick heels high heels with high 7CM short boots. B07H8GF1DP Parent , KOKQSX-Flat bottom rough heel pointed head Martin boots autumn and winter leather women's boots. Thirty-four black B07H8G7RLZ Parentxie Leather Style New Winter Joker Adding High Snow Boots Women Classic Short Boots at the End of the Circular... B07H8V2YKV ParentOffice Argon Block Heel Back Zip Boots B07H78JHCM Parent , Grunland PO1368 Ankle Boots Women B07H7JHTMH ParentKOKQSX-Flat bottom rough heel pointed head Martin boots autumn and winter leather women's boots. Thirty-nine black B07H8G3Z1Q ParentMarco Tozzi 2-25524-21 Boots Women B07H7YSBC8 Parent , Top Shishang Flat boots, wild retro leather boots, Martin boots, British style B07H85BMMJ ParentMAYPIE Womens Toaccou Leather Zipper Ankle Boots B07H7HFSLB ParentKOKQSX-Flat bottom rough heel pointed head Martin boots autumn and winter leather women's boots. Forty-one black B07H8FCDLB ParentKOKQSX-Flat bottom rough heel pointed head Martin boots autumn and winter leather women's boots. Thirty-eight... B07H8CVBGL Parent , Top Shishang Boots Martin boots ankle boots autumn and winter section suede with a thick sole B07H7YN9BG ParentKOKQSX-Flat bottom rough heel pointed head Martin boots autumn and winter leather women's boots. Forty black B07H8FQG9S ParentQIAOShoe Q&Q Women's high Waterproof Platform High Heels Autumn Winter Booties Ankle Boots Cross Straps Metal... B07H71TJ6X ParentKOKQSX-In autumn and winter short boots pointed heads medium and 5CM frosted leather boots thin heels genuine... B07H8G65KQ Parent

Time limit is exhausted. Please reload CAPTCHA.

Top versatile autumn ShishangLeather Martin simple boots boots simple versatile locomotive autumn and winter B07H5FVTPY Parent a379e50 - salonsevendallas.com