GAOLIM Low And Lazy Shoe Covers Foot Women Lazy Bones Shoes, Summer Casual Shoes Women Shoes Wild Spring And Summer Work Shoes Solid... B07C3VXVDK Parent 2fb1baa - 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.”

GAOLIM Low And Lazy Shoe Covers Foot Women Lazy Bones Shoes, Summer Casual Shoes Women Shoes Wild Spring And Summer Work Shoes Solid... B07C3VXVDK Parent 2fb1baa

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 *

GAOLIXIA Women's High Heels Spring Summer Fashion High Heel Sandals Bandage Shoes Fish Mouth Shoes Black, Creamy-White... B07C9X6FT7 Parent , MHX Women's shoes Summer Korean Version Open-toed Female With Casual Strap Sandals Rough B07C9TJPVY Parent , SHOESHAOGE The Girl Sandals Sweet Crude With High-Heeled Shoes Thick Waterproof Taiwan Female Shoes Fish Mouth... B07CB4LXHB ParentKPHY Latin dance shoes ladies adult and social dance shoes soft bottom dancing shoes women's shoes square dance... B07C9YQPQ1 Parent , GAOLIXIA Women's Sneakers Mixed Colors Running Shoes Lovers Shoes Comfortable Breathable Outdoor Shoes Men and... B07CB8QKCL ParentGAOLIXIA Women's Shoes New Sneakers Couple Shoes Wild Fashion Casual Shoes Mesh Breathable Running Shoes Men and... B07CB93XLD ParentAngrousobiu The Small White Shoes Women Shoes Spring And Autumn Seasons Wild Casual Shoes Single Harajuku Thick... B07CBBGXTW ParentGAOLIXIA Women's Shoes New Sports Shoes Couple Shoes Wild Fashion Casual Shoes Korean Harajuku Style Outdoor Shoes... B07CB9SYSB ParentEgg Rolls Shoes Summer And Autumn Point Light Is A Non-Slip Flat Base Large Numbers Of Ground Water Drilling Dance... B07CBC5FX8 ParentThe Small White Shoes Exposed Female Summer Breathable And Versatile Casual Women Shoes Board Shoes Student Shoes... B07CBBXGTR Parent , Sports Shoes In The Spring Of Harajuku And Versatile Casual Running Shoes Women'S Shoes B07CBC5Y92 ParentKPHY The Spring And Autumn Season The New All-Match Single Shoes Female Coarse Suede High Heels A Shallow Mouth... B07CBMXKKK ParentQingchunhuangtang@ Spring And Summer Shoes Pointed Bow Shoes Flowers Shallow Mouth Shoes Wedding Party Shoes B07CBMKQLP Parent , GAOLIXIA Women's Shoes Sneakers Couple Shoes Casual Retro Sports Shoes Outdoor Comfortable Running Men and Women... B07CBQLBSX ParentKPHY Spring Korean A Single Shoe Buckle With Thick Pointed Shallow Mouth Hollow With All-Match High-Heeled Shoes B07CBN1VD5 Parent , GAOLIXIA Women's Shoes Suede Sneakers Spring New Couple Shoes Casual Sports Shoes Retro Running Shoes Men and... B07CBS5M8D ParentHGTYU Summer 13Cm High Heel Fish Mouth Sandals Night Shop Sexy Flowers Water Drill Waterproof Platform Word Buckle... B07CBZ7HB3 Parent , GAOLIM Women'S Shoes White Shoes Kicked Peddling Small Shoes Round Spring Clip Single Shoes Female Flat Base B07CC3XRSD ParentGAOLIM The Little Girl Shoes Spring Shoes Flow Of Rough Track Shoes Thick With Oxford Shoes In White Shoes B07CC3XNKC ParentGAOLIXIA Women's Shoes Sneakers Spring New Couple Shoes Casual Retro Sports Shoes Outdoor Comfortable Running... B07CBRZ9XM ParentGAOLIM Women'S Shoes Light Shoes Female Students During The Spring And Autumn Seasons Wild Single Shoes B07CC3XNKR Parent , GAOLIM During The Spring And Autumn Season With Bold Square, With Vocational High-Heeled Shoes And Versatile Single... B07CC3XRW1 ParentGAOLIM Slippers Summer Women Bow Tie Women'S Shoes Tip With The Baotou Shoes Bold Things To Wear B07CC4QPQR ParentGAOLIM Flat Shoe Girl Tip Light-Ping Told That Spring And Summer Women Shoes Single Shoes Women Shoes B07CC3XRSV ParentGAOLIM Slippers Flat Shoes Flat Slippers Are Cool In The Summer And Women Shoes Wild Shoes Ladies Slippers Flow B07CC3XCH8 Parent , GAOLIM Spring Canvas Shoes Female Students Women Shoes Wild Shoes B07CC4QPQN ParentGAOLIM Slippers Summer Female Thick Outer Wear Anti-Slip Soft Ground The Wild Beach Shoes B07CC3XNKM ParentGAOLIM Coarse With The High-Heel Shoes Single Shoes Female In Spring And Water Drilling Marriage Shoes Work Shoes... B07CC4QPS1 ParentGAOLIM One Peddling Lazy Bones Shoes Straw Shoes Women Flat-Bottomed Single Shoes Female Summer Wild Casual Shoes... B07CC4RRRB Parent ,

Time limit is exhausted. Please reload CAPTCHA.

GAOLIM Low And Lazy Shoe Covers Foot Women Lazy Bones Shoes, Summer Casual Shoes Women Shoes Wild Spring And Summer Work Shoes Solid... B07C3VXVDK Parent 2fb1baa - salonsevendallas.com