Puma 30163 Women’s Shoes, Ultimate Ignite Running Puma Shoes, Multicolored Parent B011V394N8 50b7ce0 - 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.”

Puma 30163 Women’s Shoes, Ultimate Ignite Running Puma Shoes, Multicolored Parent B011V394N8 50b7ce0

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 *

Gentlemen/Ladies Skechers Women’s 23443 Trainers Parent B076TF4CG5 High grade Low price Cost-effective , BTBTAV Summer Flip Flops Ladies Fashion Slippers Women'S Korean Version Of Flat Shoes Wear Cold Drag Foot Slippers.UK... Parent B07DLSTHB5NIKE Women’s Wmnsmetcon Dsx Flyknit 2 Low-Top Sneakers Parent B07C4NMY1B , Onitsuka Tiger Unisex-Adult Mexico 66® Vin Parent B0734PHHYWSkechers Women’s Go Run Mojo-Verve Sneaker, Navy Parent B073GDQ497 , Windsor Smith Women’s Oracle Trainers Parent B07D8FFDYG , FANQIANNAN Winter Women Shoes Cartoon Keep Warm Lovers Slippers Anti-Slip Thick Indoor Slippers Parent B07HNTVJ24Skechers Women’s 14813 Fitness Shoes Parent B073G9TPZ6 , adidas Forum Lo W – Sneakers, Women Parent B079WQ3TKJECCO Footwear Womens Women's Touch Sneaker High Top Fashion Sneaker Parent B015YZPVPEPalladium Women’s Pampa Oxford LP Low-Top Sneakers Parent B015Q1BITOSuperga Women’s 2750 Puprintw Sneaker Parent B0777Y5RB1RTRY Women'S Sandals Summer Creepers Leatherette Outdoor Dress Casual Creepers Walking Parent B074DVH6YZUnisex Couples/Families Slip-on Slippers Non-slip Open Tote Shower Sandals Indoor or Outdoor Mule Think EVA Resin... Parent B01IFNU3U0MINITOO Women's T-Strap Ballroom Latin Salsa Dancing Shoes Black Bridal Wedding Pumps UK 4 Parent B0795TKNWP , Skechers Flex Appeal Wild Flowes, Women's Multisport Outdoor Shoes Parent B015SGCLTSMINITOO Women's T-Strap Ballroom Latin Salsa Dancing Shoes Black Bridal Wedding Pumps UK 2 Parent B0795VM71K , MINITOO Women's T-Strap Ballroom Latin Salsa Dancing Shoes Black Bridal Wedding Pumps UK 5 Parent B0795TW6FH , Superga Unisex Adults' 2750 Auleau Sneaker, White Parent B01LRFOGQU , MINITOO Women's T-Strap Ballroom Latin Salsa Dancing Shoes Black Bridal Wedding Pumps UK 7 Parent B0795VNVLY , Sperry Top-Sider Women’s Sayel Away Washe Low-Top Sneakers Parent B015GI9FA6ThiKin Fashion Breathable Womens Tennis Shoes Sneakers for Teens Parent B07GJ1LVM3MGM-Joymod Women's Comfort Closed Toe Glitter Synthetic T-Strap Salsa Tango Samba Rumba Ballroom Latin Modern... Parent B07FD7FZWWPhilippe Model Women's NALDMS04 Silver Leather Sneakers Parent B07J6MDRXX , Aisun Women's Casual Slip On Platform Loafers Parent B072J33STRConverse Breakpoint Pro Ox Ankle-High Canvas Fashion Sneaker Parent B07C5C21Y5Reebok Pump Aerobic lite Mid FG Parent B016BQIS3W , Miyoopark Ladies T-Strap Fashion Satin Latin Tango Salsa Dance Shoes Evening Sandals Parent B06Y3JLTSNQOIQNLSN Women'S Shoes Pu(Polyurethane) Summer Basic Pump Heels Chunky Heel Pointed Toe White/Black / Beige Parent B07GP1XZ1G ,

Time limit is exhausted. Please reload CAPTCHA.

Puma 30163 Women’s Shoes, Ultimate Ignite Running Puma Shoes, Multicolored Parent B011V394N8 50b7ce0 - salonsevendallas.com