KPHY-Casual nhta-29778 Women'S Shoes 29779 Leather Shoes Autumn Increased Wild Black Thirty-Nine B07GGR76G4 Parent 22e74a8 - 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.”

KPHY-Casual nhta-29778 Women'S Shoes 29779 Leather Shoes Autumn Increased Wild Black Thirty-Nine B07GGR76G4 Parent 22e74a8

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 *

KPHY-Summer Mesh Breathable Thick-Bottomed Casual Shoes Ladies'Shoes White Thirty-Six B07GGTLZ84 ParentKPHY-Inner Heightened Women'S Shoes Roses Layout Inner Heightened Leisure Fashion Sports Silvery Thirty-Five B07GGTM2LT ParentKPHY-Spring Women'S Shoes Leather Flat Bottom Leisure Thick Bottom Heightening Sports Green Single Thirty-Nine B07GGTNRRR Parent , KPHY-Fitness Running Women'S Shoes Leather Muffin Bottom Patchwork Leisure Sports Blue Thirty-Five B07GGTNRSK Parent , KPHY-Spring Shoes High In Thick Bottom Leisure Sports Net Tie Green Thirty-Seven B07GGTP2CK ParentKPHY-Casual Women'S Shoes Leather Autumn Increased Wild Black Thirty-Seven B07GGTVQ9W ParentKPHY-Dermis Casual Muffin Shoes Thick Bottom High Inside Hundred Riding Sport Black Thirty-Nine B07GGTSSSR Parent , KPHY-Fitness Running Women'S Shoes Leather Muffin Bottom Patchwork Leisure Sports Yellow Thirty-Seven B07GGTWCHN ParentKPHY-Summer Mesh Breathable Thick-Bottomed Casual Shoes Ladies'Shoes White Thirty-Five B07GGTW1FD Parent , KPHY-Women'S Shoes Leather Autumn And Winter Leisure Sports Shoes Muffin Bottom.Black Thirty-Eight B07GGTWSY4 ParentKPHY-Casual Women'S Shoes Leather Autumn Increased Wild Black Thirty-Six B07GGTXZK6 Parent , KPHY-Leather Shoes Fashion Leisure Students Sugar Color Thirty-Seven B07GGV53PM ParentLBTSQ-High heel shoes sharp pointed heads thin heels beads hollowed out sandals buckles fashionable women's shoes. B07GGV6PG5 ParentKPHY-Summer Mesh Breathable Thick-Bottomed Casual Shoes Ladies'Shoes Black Thirty-Seven B07GGV6X6C ParentLBTSQ-Ultra-high heels 13cm fishmouth single shoes thin heels sexy shallow mouth waterproof table high heels fashion... B07GGV7DC4 ParentKPHY-Fitness Running Women'S Shoes Leather Muffin Bottom Patchwork Leisure Sports Blue Thirty-Four B07GGVB6PD Parent , KPHY-Leather Inside Women'S Shoes Bees Joker.White Thirty-Nine B07GGVBW7K Parent , KPHY-Leather Women'S Shoes Autumn Leisure Sports Fashion Students Green Thirty-Four B07GGVCF5N ParentKPHY-Leather Sponge Cake Leisure Thick Bottom Shoes Wild Increased Inside White Thirty-Five B07GGVCFMN ParentKPHY-Women'S Shoes Leather Autumn And Winter Leisure Sports Shoes Muffin Bottom.Black Thirty-Nine B07GGVCTFW Parent , KPHY-Leather Shoes Fashion Leisure Students Sugar Color Thirty-Four B07GGVD2BF Parent , KPHY-Spring Shoes High In Thick Bottom Leisure Sports Net Tie Green Thirty-Nine B07GGVF3QC ParentKPHY-Casual Shoes Leather Wild Shoes Student Shoes Black Thirty-Seven B07GGVFPVB ParentKPHY-Dermis Heighten Women'S Shoes Sports Joking Classic Students Black Thirty-Five B07GGVFMDD Parent , KPHY-Women'S Shoes Casual Shoes Fashion And Women'S Money.Yellow Thirty-Four B07GGVHJ5Z Parent , KPHY-Leather Inside Women'S Shoes Bees Joker.White Thirty-Four B07GGVLXZL Parent , KPHY-Casual Women'S Shoes Leather Autumn Increased Wild White Thirty-Five B07GGVJKVY ParentKPHY-Leisure Leather Sports Running Shock Absorption Small White Shoes Wild Joker White Thirty-Eight B07GGVNF8B Parent , KPHY-Muffin Thick Bottom Shoes Leather Leisure Increased Lazy Shoes.Apricot Color Thirty-Seven B07GGVN5BN Parent

Time limit is exhausted. Please reload CAPTCHA.

KPHY-Casual nhta-29778 Women'S Shoes 29779 Leather Shoes Autumn Increased Wild Black Thirty-Nine B07GGR76G4 Parent 22e74a8 - salonsevendallas.com