Mee Shoes 29846 Women's Parent Sweet Block Heel Mid Heel Bow nhta-29845 Upper Court Shoes B072M29J49 Parent 3b4c8b6 - 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.”

Mee Shoes 29846 Women's Parent Sweet Block Heel Mid Heel Bow nhta-29845 Upper Court Shoes B072M29J49 Parent 3b4c8b6

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 *

H B Espana L 27 Court Shoes Boxed Size 40 EU B073LGR4BJ Parent , Mee Shoes Women's Chic Wedge High Heel Pointed Toe Bow Court Shoes B073J3CV4X Parent , Womens Ladies Diamante Jewel High Stiletto Heel Platform Slip On Fashion Party Evening Dressy Court Shoes - E61 B073FPPZJY ParentCAPTIVA FRANCE L 27 COURT SHOES SIZE 38 EU RRP £ 64.99 B073KTR17Q ParentSHU CRAZY Womens Ladies Faux Suede High Stiletto Heel Platform Peeptoe Fashion Court Shoes - E68 B073JL7VH7 ParentCorine France L 27 Court Shoes Boxed Size 37 EU B073LCQD55 ParentAIYOUMEI Womens Stiletto High Heels Closed Toe Pumps T Strap Court Shoes B073HBN43Y Parent , CORINE FRANCE L 27 Court Shoes Size 39 EU RRP £75.00 B073LPWQRM Parent , CAPTIVA FRANCE L 27 COURT SHOES SIZE 38 EU B073KZBDX1 Parent , ZODIACO ITALY 9962 P Court Shoes RRP 69.00 Size 41 EU/7.5 UK B073N1J59G ParentCORINE FRANCE L 27 Court Shoes Size 38.5 EU / 5.5 UK RRP £65.00 B073N3PR4R Parent , Carolbar Women's Retro Stylish Printings Mid Heel Square Toe Court Shoes B073P3RTY5 ParentXianshu Women's Sexy Summer Autumn Suede Rough Heel Mid Heels Shallow Mouth Low Single Pointed Shoes Pumps B073PBLYTR ParentKick Footwear - Womens Office Shoes Low Heel Ankle Strap Evening Party Shoes B073PBRL3X Parent , Xianshu Womens Patent Leather Extra-High Heel Sexy Waterproof Shoes B073W4TTV8 Parent , FLEXX L 27 SHOES & SANDAL BOXED SIZE 37 B073PGMDKD Parent , Xianshu Womens Sexy Point Toe High Heel OL Pumps Party Ladies Court Shoes B073PBW34P Parent , Xianshu Womens Fashion Soft Point Toe High Heel Suede Leather Ladies Court Shoes B073PX9SW6 ParentMARIA MARE Women's 66646 Court Shoes B073QX7171 Parent , Ladies Black Slip-On Stiletto High-Heel Platform Court Party Exotic Shoes Sizes 3-8 B073Q767MN Parent , Mee Shoes Women's Lovely Mid Heel Bow Upper Buckle Court Shoes B073VDN46Y ParentXianshu Womens Fashion Mosaic Color-blocking Point Toe High Heel Ladies Court Shoes B073PX55WK Parent , Xianshu Women Block Heel Waterproof Point Toe High Heel Shoes B073W561W4 ParentXianshu Women Sexy Thin Heel High Heels Single Fish Mouth Shoes Pumps B073XLK411 ParentXianshu Women British Style Lacing Block Heels Platform Shoes Pumps B074CLC1HG ParentTranser Elegant Ladies Hollow Nude Shallow Mouth High Heel Shoes- Office Work Women Buckle Sandals Wedding Shoes B073W6VGDB ParentMee Shoes Women's Charm Mid Heel Pointed Toe Slip On Court Shoes B073XGMC38 Parent , Xianshu Women Sexy Sequins Thin Heel High Heels Single Fish Mouth Party Nightclub Shoes Pumps B073XLRDRW Parent , Xianshu Women Patent Leather Waterproof High Heel Rivet Ankle Strap High Heel Shoes B0744H75W1 Parent ,

Time limit is exhausted. Please reload CAPTCHA.

Mee Shoes 29846 Women's Parent Sweet Block Heel Mid Heel Bow nhta-29845 Upper Court Shoes B072M29J49 Parent 3b4c8b6 - salonsevendallas.com