JRenok Fashion Women Platform Platform 22279 Pumps Thick High Heels Bottom Wedding Flock Fashion Shoes Women Stilettos B07HF3FVXJ Parent 0f7cfdd - 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.”

JRenok Fashion Women Platform Platform 22279 Pumps Thick High Heels Bottom Wedding Flock Fashion Shoes Women Stilettos B07HF3FVXJ Parent 0f7cfdd

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 *

JRenok Women's Square Toe high Heels Large Size 36 Fashion Pumps Elegant Shoes Retro Dress Pumps with Pearl B07J6HPJJ2 Parent , JRenok Women's Sexy Pumps Buckle Strap Ruffles High Heels Pointed Toe Party Shoes Ladies Wedding Stilettos B07J6GYC56 Parent , Women's High Heels Mary Jane Shoes Thick High Stilettos Buckle Strap Chunky Block Pumps B07J6HQWZ4 Parent , JRenok Women's Platform Shoes Solid Shallow Party Pumps Thin high Heels Single Elegant Stilettos B07J6HPM7Y Parent , SERAPH T9-2 Women's Zip High Heels Stiletto Pointed Toe Dress Party Pumps Court Shoes B07J6J62RK ParentSERAPH 8-1 Women's Hollow Out Pointed Stiletto High Heels Dress Pumps Court Shoes B07J6HX8V5 Parent , SERAPH 450-1 Women's Wedding Pumps Pointed Toe Stilettos High Heel Dress Party Court Shoes B07J6JJ8TV Parent , Ruby Shoo Flo (Blue) by B01N5SXWS7 Parent , SERAPH 450-2 Women's Stiletto High Heels Pumps Pointed Toe Dress Party Court Shoes B07J6JTF3R ParentWomen's Elegant High Heels Embroidery Ladies Cloth Beautiful Pointed Toe Shoes Evening Bridal Pumps B07B2MHWX4 ParentQOIQNLSN Women'S Shoes Pu(Polyurethane) Spring Comfort Heels Stiletto Heel Black B075CMHZBS Parent , Lady's Flannel Smart Pointed Toe Shoes Work Wedding Pumps Women's Elegant High Heels Spring B07B2G77YS Parent , Women Stiletto High Heels Bee Shoes Women Pumps Suede Pointed Single Shoes Spring B07B7DJWXM ParentYIXINYI Court Shoe Ladies High Heels Imitation Pearls Pointed Stiletto Shoes Sandals Spring And Summer Bridesmaids... B07B3ZN7C8 Parent , FLYRCX Fine heel single shoe lady temperament fashion personality sequel high heels work shoe party shoes,33,A B07B7KHKSY ParentWomen Casual Pumps Metal Rings 2018 Spring New High Heel Court Shoes Large Size B07B7FM4B1 ParentFLYRCX Women's high heel shoes slender heel fashion personality sex sex shoes shoes single shoes,33,A B07B7L1785 Parent , CYGG Women'S High Heels European And American Stars Feather High-Heeled Sandals Plush Sandals Wedding Party Shoes... B07BBS9YZQ Parent , QPYC Pointed High Heels Rough Heel Shallow Mouth Leisure Formal Party Dress women Single Shoes B07B9T1FDV ParentCYGG Ladies High Heels Summer New Net Yarn Sandals Stiletto High Fish Mouth Breathable High Heels Party Shoes B07BBSMP3W Parent , CYGG New JC Tip Diamond Flat With Women'S Shoes Cinderella Crystal Transparent Casual Low Shoes B07BBQ84KV Parent , CYGG Women'S High Heels Rivet Shoes Pointed Stiletto Heels Pump Show Banquet Dress Shoes B07BD1MHHX ParentLBDX Spring Korean Version Pointed Single Shoes Female Sexy Stiletto Shoes Professional Work Women's Shoes B07BGZHDNJ Parent , CYGG Women'S High Heels Bow Tie Side Tie Serpentine Heel Wedding Banquet Dress Shoes B07BD28P94 ParentDebenhams Faith Womens White Leatherette 'Cloclo' Mid Stiletto Heel Court Shoes B07BH17MWY ParentDebenhams Faith Womens Black Patent 'Cersei' Mid Block Heel Court Shoes B07BH14G1Q ParentDebenhams Faith Womens Pink 'Chloe Shimmer' High Stiletto Heel Pointed Shoes B07BH1GT6R Parent , Women Suede Pumps 2018 Spring New Charming Pointed High Heel Shoes Comfortable Court Shoes B07BH3SFJR Parent , QPYC Bowknot Foot Bare Strap Buckle Princess Shoes Waterproof Platform Shallow Mouth High Heel Mary Jane Shoes... B07BK5SMBC Parent ,

Time limit is exhausted. Please reload CAPTCHA.

JRenok Fashion Women Platform Platform 22279 Pumps Thick High Heels Bottom Wedding Flock Fashion Shoes Women Stilettos B07HF3FVXJ Parent 0f7cfdd - salonsevendallas.com