XY Sandals Half Flop Slipper Female Cork Flip Flop : Cool Summer Fashion Beach Shoes Flip Flops Cool Drag (Color : White,... B07FWPXVB8 Parent e7bf5e6 - 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.”

XY Sandals Half Flop Slipper Female Cork Flip Flop : Cool Summer Fashion Beach Shoes Flip Flops Cool Drag (Color : White,... B07FWPXVB8 Parent e7bf5e6

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 *

ZHWEI High-heeled shoes M11-183 Ms Spring summer Shallow mouth sandals (heel height 5CM) B07GC3P1GV ParentGTVERNH Women'S Shoes/Flat Bottom Bandage Sandals Summer Students Joker Rome Tie Holiday Seaside Beach Cool Boots. B07GFLP3BT ParentQIONGQIONG Summer European And American Fish Mouth High-Heeled Shoes Tassel Sandals,Yellou,37 B07GH9ZTW2 ParentDECJ Women's Shoes High Heel Women's Shoes Wild Thick Heel Shoes Korean Students Baotou Ladies Roman Sandals,Gray,35 B07GGS5G96 ParentDECJ Ladies Shoes Shoes Shallow Mouth Round Head Thick Heel Lady Shoes Pure Color High With Waterproof Platform... B07GHBNJ2X Parent , YXLONG Single Shoes, Fashion Shoes, Pointed Heel Shoes, New Single Shoes, Pointed Fine Heel Shoes B07GP6LB12 ParentYXLONG Summer Fashion Korean Version Of The Riveted Word With Sandals Cat Nature With Female Shoes All The Comforting... B07GP811HB Parent , YXLONG Fashion Casual Women's Cats And Sandals New Font Transparent's Sandals And Transparent Women's Shoes B07GP7T3PX Parent , YXLONG New Riveting Wild Women's Sandals European And American Low Splitting Women's Shoes Loose Cakes Pointed... B07GPJ5JQ2 ParentXL YXLONG One-button Buckle Open-toe New Sandals Women Summer High-heeled Shoes With Fine Round Head Fashion Women's... B07GPDNSDL ParentFuxitoggo Elastic Strap Sandals for Women Peep Toe Flat Leather Nurse Shoes (Color : Orange, Size : UK 2.5) B07GYVB1RQ ParentSMILINGGIRL Women's High Heels European and American Style Fashion Simple Women's Shoes High-Heeled Shoes with... B07GXH3PYV ParentFuxitoggo Black Sandals Women Zipper Roman Peep Toe Strap Flat Shoes (Color : Black, Size : UK 5.5) B07GYY15K3 Parent , Fuxitoggo Large Size Sandals Women Zipper Wedge Heel Peep Toe Leather Shoes (Color : Brown, Size : UK 7.5) B07GYY358N ParentFuxitoggo lLeather Sandals Women Stripe Peep Toe Hook Loop Strap Platform Shoes (Color : White, Size : UK 2.5) B07GYYR93L ParentFuxitoggo Flower Sandals Women Handmade Hook Loop Block Leather Shoes (Color : Yellow, Size : UK 6.5) B07GYZPLTD ParentFuxitoggo Rhinestoen Sandals Women Clip Toe Bohemia Wedge Heel Shoes (Color : Black, Size : UK 5.5) B07GZ37H12 Parent , Fuxitoggo Leather Sandals Women Peep Toe Elastic Strap Soft Flat Shoes (Color : Black, Size : UK 6.5) B07GZL57TM ParentFuxitoggo Knitting Sandals Women's Peep Toe Elastic Wedge Heel Shoes (Color : Blue, Size : UK 6.5) B07H16JQVB ParentFuxitoggo Stripe Sandals Women Elastic Strap Peep Toe Slip on Shoes (Color : Pink, Size : UK 4.5) B07H189D7N Parent , LINAN High-heeled Shoes Women's Suede Straps Sandals Open Toe With Ankle Strap Bow Sandals (Color : Apricot, Size... B07H1FF7CV Parent , LINAN Women High-heeled Shoes Romantic Sandals Back Zipper Open With Straps Shoes Stiletto Sandals Hollow Sexy... B07H1GGF9R ParentLINAN Stilettos Sandal High Heel For Women Sandals Ankle Buckle Shoes For Evening Party Dress (Color : Nude, Size... B07H1GQ2K6 ParentLINAN Women's Stilettos Sandal High Heel Sandals Open Toe Ankle Buckle Strap Shoes For Evening Party Dress (Color... B07H1GVXCJ ParentFlower-Ager 01Rail Women Flats Ballets Shoes Pointed Toe Wedding Flats Plus Size Wedding Party Dress Shoes B07H4QQXWH ParentMLGSDW Single Shoe Female New Casual Sharp Shallow Sexy Girl Transparent Thin Heel High Heeled Shoesthirty-Ninewhite B07HG1WSW4 Parent , MLGSDW Single Shoe Female New Casual Sharp Shallow Sexy Girl Transparent Thin Heel High Heeled Shoesthirty-Sixwhite B07HG265D1 Parent , MLGSDW Single Shoe Female New Casual Sharp Shallow Sexy Girl Transparent Thin Heel High Heeled Shoesthirty-Fiveblack B07HG27QYJ ParentMLGSDW Single Shoe Female New Casual Sharp Shallow Sexy Girl Transparent Thin Heel High Heeled Shoesthirty-Sevenwhite B07HG28STC Parent

Time limit is exhausted. Please reload CAPTCHA.

XY Sandals Half Flop Slipper Female Cork Flip Flop : Cool Summer Fashion Beach Shoes Flip Flops Cool Drag (Color : White,... B07FWPXVB8 Parent e7bf5e6 - salonsevendallas.com