casual sho Sports Winter Cotton B07HH5VG7K 23795 Shoes, Middle-Aged Plus Velvet Mother Shoes, Elderly Warm Outdoor Sports Shoes, Hiking... B07HH5VG7K Parent 0ade7c8 - 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.”

casual sho Sports Winter Cotton B07HH5VG7K 23795 Shoes, Middle-Aged Plus Velvet Mother Shoes, Elderly Warm Outdoor Sports Shoes, Hiking... B07HH5VG7K Parent 0ade7c8

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 *

FLYRCX Autumn and winter fine with sweet bow pointed shallow mouth single shoes ladies high heel work shoes B07HQW1SKR ParentFLYRCX Ms. office work shoes spring and autumn shallow mouth single shoes fashion pointed soft surface high heels B07HQW9S43 ParentYukun High heels Nude-Colored Pointed High Heels Women'S Spring Fine With Shallow Mouth Red Patent Leather Work... B07HJ7RGCY ParentXING GUANG New Women's Shoes, Popular Casual Shoes, Vintage Embossed Leather, Low-heeled National Style, One-legged... B07HHRNKZ8 ParentFLYRCX Autumn and winter section retro high heels shallow mouth with single shoes ladies work shoes B07HQWGYLW Parent , KPHY Women's shoes/Pointed High Heel Shoes With High 7.5Cm Fashionable Women'S Shoes Sexy Color Matching Buckle... B07HP9D4W4 Parent , DANDANJIE Women's Comfort Shoes Leather Spring & Fall Loafers & Slip-Ons Flat Heel Black B07J6FN7KG ParentFLYRCX European fashion stiletto heels pointed shallow mouth color matching single shoes ladies banquet shoes B07HQV69V4 Parent , GUNAINDMX Women Girlish Casual Shoes Female Knitting Net Mesh Air Cushion Damping Leisure Shoes B07J6FV5TD ParentFLYRCX Autumn and winter fashion patent leather bow cat with single shoes pointed stiletto sexy temperament high... B07J6GDQLJ ParentLBTSQ-Rough And Dry Shoes Suede High Heel Shoes 11Cm Fashion Joker Waterproof Table Deep Mouth Velvet Ladies Shoes. B07J6GR6K9 Parent , HOESCZS Fashion Simple Professional Ol High Heel Women'S Shoes With High-Heeled Patent Leather Was Thin Single... B07J6GJYHW ParentLBTSQ-High Heel Shoes Waterproof 11Cm Frenulum Round Head Deep Mouth Women'S Shoes Joker. B07J6H1QWG Parent , FLYRCX Spring and autumn fashion patent leather temperament pointed single shoes European sexy sequins stiletto... B07J6H87ZV Parent , HOESCZS American Style Fashion Simple Women'S Shoes Comfortable Thick With High-Heeled Embroidery Line Square... B07J6HDZXL ParentLBTSQ-High Heel Shoes 11Cm Fashion Joker Fish Mouth Gauze Short Boots Waterproof Table Thin Heel Breathable Cooling... B07J6HBWKX ParentFLYRCX Autumn and winter active patent leather stiletto heels fashion single shoes shallow mouth pointed party... B07J6HF74L ParentFLYRCX Spring and autumn fashion simple single shoes shallow mouth sexy rivets hollow stiletto heels pointed shoes... B07J6HF73P ParentLBTSQ-Pointed Shoes Suede Thin And High Heel Shoes 7Cm Sexy Hollow Shallow Mouth Sole Shoes Women'S Shoes. B07J6HJSSK ParentLBTSQ-Temperaments Bow Round Head Waterproof Table Single Boots Naked Boots 12Cm Hollowed Out Thin Heels High... B07J6HJ6LS Parent , LBTSQ-Sexy Suede Wild Fashion Pointed Thin And High-Heeled Shoes 9Cm Shallow Mouth Single Shoes Women'S Shoes. B07J6HJST7 Parent , HOESCZS Fashion Nightclub Women'S Shoes With High-Heeled Sequin Cloth With Summer Slippers Women, B07J6HN1XW Parent , Jerusalem Sandals Women’s Joanna Slide Sandal B075KYCTWG ParentAsics Women’s Gel-Game 6 Clay Tennis Shoes, Rouge VIF/Argent/Blanc B07147J8SY ParentSaxon Syntovia Field Long Riding Boots UK 7 Short Wide Black B07BJ374D5 Parent1500 Rumpf Dancesneaker Jazz Street Hip Hop Fitness Sports women men Dance Shoe High Top Sneaker Trainer Leather... B072V65D1B ParentBirkenstock Arizona, Unisex Adults’ Mules B0771PM5ZV Parent , Inov8 F-Lite 235 Training Shoes - SS17 B01G50MQN2 ParentBloch Women's Performa Canvas, Leather Ballet Shoes B076CRQGZZ Parent

Time limit is exhausted. Please reload CAPTCHA.

casual sho Sports Winter Cotton B07HH5VG7K 23795 Shoes, Middle-Aged Plus Velvet Mother Shoes, Elderly Warm Outdoor Sports Shoes, Hiking... B07HH5VG7K Parent 0ade7c8 - salonsevendallas.com