WHLShoes Waterproof Women'S Sandals Waterproof Table Super High Bottom Sandals Heel Female Sandals Summer Thick Bottom Slope And Leisure... Parent B07DJQHSBN 8937969 - 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.”

WHLShoes Waterproof Women'S Sandals Waterproof Table Super High Bottom Sandals Heel Female Sandals Summer Thick Bottom Slope And Leisure... Parent B07DJQHSBN 8937969

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 *

Hogan Women's HXW2830T548DYP375T Red Leather Sneakers Parent B079LVKBXTTommy Hilfiger Women’s Metallic Low-Top Sneakers, Dusty Pink Parent B078T7B3ZQCinzia Soft IV9493AF-NG 001 Low Sneakers Women Parent B07F8PKK5QMonie Women's 2.8" T-Strap Modern Salsa Ballroom Latin Dance Shoes Parent B01HL125QM , Raider Women’s Chanclas Ipanema Kirei Silk III Fem Verde/Rosa Fitness Shoes, Multicoloured (Pink Ip82289 / 24300... Parent B07CS9QCMHLIUXINDA-XZ British fashion Flip flops, summer slippers, plastic slippers, thick bottom ladies slippers, fashionable... Parent B07FYBGKSJHiking Shoes Running Casual Mountaineer Shoes Women's Anti-Slip Windproof Stretchy Performance Leisure Sports... Parent B0789LBFZN , Kevin T-strap KV114 Ladies T-strap Satin Latin Salsa Ballroom Wedding Sandals Parent B01D4W7GVGSoftinos Women’s Isleen Washed Hi-Top Trainers Parent B073MNS7JG , FILWO Beach Shoes, Quick Dry Barefoot Shoes Water Soft Shoes for Surfing Diving Swimming Snorkeling Running Yoga... Parent B07D7TGFGZCouple Casual Sports Shoes Fashion Running Shoes Large Size Parent B07HCK5R7F , Pennyblack Scuola, Women’s High Trainers Parent B01FHTQP3Y , Gold 2Star Shoes Women's Beige White,Brown, Beaded Sneaker 36 Parent B074K7WQH3 , Gentlemen/Ladies Stallschuh Montreal, schwarz, 35 Parent B00IJ59XYW Modern and elegant fashion online shop Tide shoes list , Men/Women Stallschuh Montreal, schwarz, 37 Parent B00IJ59YUA durability Wholesale trade professional designMen's/Women's Stallschuh Montreal, schwarz, 34 Parent B00IJ59VQ2 Adequate supply and timely delivery Online Global salesGentleman/Lady Stallschuh Montreal, schwarz, 41 Parent B00IJ5A14I use At a lower price Lightweight shoes , Man's/Woman's Stallschuh Montreal, schwarz, 45 Parent B00IJ5A39G Fine processing Moderate cost value , Man's/Woman's WALDHAUSEN Stall Shoe Montreal Parent B00IJ5A3OG Promotion luxurious Quality and consumer first , KPHY Women'S Shoes/Women'S Shoes/In Canvas Shoes Students' Sports Shoes Ladies' Casual Cloth Shoes.Thirty-Five... Parent B07FN5GZP6Lihaer Ladies Latin Dance High Heels Shoes Sandals Fashion Casual Children's and Adult's Ballroom Dance Shoes Parent B07B9JKYR8Shimano Women’s Rp3 Road Biking Shoes Parent B014R4CFRKBYLE Leather Sandals Ankle Strap Samba Modern Jazz Dance Shoes Latin Dance Shoes Children's Latin Dance Shoes... Parent B07FSXQXDV , KPHY Women'S Shoes/Women'S Shoes/In Canvas Shoes Students' Sports Shoes Ladies' Casual Cloth Shoes.Thirty-Six... Parent B07FN83N7D , KPHY Women'S Shoes/Women'S Shoes/In Canvas Shoes Students' Sports Shoes Ladies' Casual Cloth Shoes.Thirty-Eight... Parent B07FN75VN3 , KPHY Women'S Shoes/Women'S Shoes/In Canvas Shoes Students' Sports Shoes Ladies' Casual Cloth Shoes.Forty Blue Parent B07FN9KZMH , KPHY Women'S Shoes/Women'S Shoes/In Canvas Shoes Students' Sports Shoes Ladies' Casual Cloth Shoes.Thirty-Seven... Parent B07FNGVCL1Champion Women's Gusto Cross Trainer Parent B07DY3X9DLChiara Ferragni Collection Slip On Chiara Ferragni Flirting in Blue Glitter Parent B07F7D2C7L

Time limit is exhausted. Please reload CAPTCHA.

WHLShoes Waterproof Women'S Sandals Waterproof Table Super High Bottom Sandals Heel Female Sandals Summer Thick Bottom Slope And Leisure... Parent B07DJQHSBN 8937969 - salonsevendallas.com