Women's 29621 Shoes High Spring New High Heels Women's Stiletto Single Heels Single Shoes Party Shoes Work,Gold-8.5CM-EU:33 B07CWLSW2Q Parent ac78a5d - 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.”

Women's 29621 Shoes High Spring New High Heels Women's Stiletto Single Heels Single Shoes Party Shoes Work,Gold-8.5CM-EU:33 B07CWLSW2Q Parent ac78a5d

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 *

MUYII Women's Buckle Leather Shoes Square Head Thick Heel Casual Shoes B07D273KSG Parent , MUYII Women's Leather Loafers Metal Low Heel Flat Shoes B07D27BK4C Parent , Women's High Heels Pointed Toe Sequins Shallow Pumps Court Shoes Bridesmaid Wedding Wedding Party Shoes B07D287K5F ParentWomen's Black Platform Stiletto High-heeled Shoes Ankle Strap Buckles Wedding Party Shoes Pumps Court Shoes B07D27FNW5 Parent , Women Pointy Toe Pumps Black High Heels Sexy Shallow Patent Leather Wedding Party Office Stiletto Shoes B07D28G46Z ParentWomen's Red High-heeled Shoes Pointed Shallow Bow Pumps Stiletto Dress Wedding Party Shoes B07D28DVBY Parent , Women Black Pointed Toe High Heels Ankle Strap Buckles Pumps Court Shoes Work Office Dress Wedding Party Shoes B07D28JYMC ParentWomen's High-heeled Patent Leather Court Shoes Pump Stiletto Heel Work Office Party Wedding Dress Shoes B07D28QH2G ParentWomens Closed Toe Black High Heels Hollow Ankle Strap Buckles Platform Court Shoes Pumps Dress Wedding Party Shoes B07D28JBQJ Parent , Women's High Heels Leather Sexy Mixed Colors Pointed Shallow Shoes Dress Pumps Evening Wedding Party Bridal Shoes B07D28T8F1 Parent , Women's Leather Pointed Toe High-heeled Shoes Court Shoes Work Office Party Dress Pumps (Black,White) B07D28QH27 Parent , Women's Leather Shallow Pointed Ankle Strap Black High Heels Sandals Dress Pumps Evening Wedding Party Shoes B07D28VJ67 Parent , MUYII Women's Cinderella Crystal High Heels Bridal Rhinestone Wedding Shoes,Silver-1.5CM-34 B07D2GJP4K ParentWomen's Heeled Shoes,High Heels Shoes With Platform Ankle Strap Court Shoes For Daily Party Dress Pumps (Black... B07D28Z65Q Parent , MUYII Women's Silver Sequin High Heels Bridal Wedding Shoes Crystal Shoes,SilverB-7.5cm-33 B07D2GTH6T ParentMUYII Women's Silver Sequin High Heels Bridal Wedding Shoes Crystal Shoes,SilverA-9.5cm-33 B07D2GRN4V ParentMUYII Women's Bridal Wedding Shoes Ladies Rough Heels Pointed Rhinestone Banquet Shoes,ChampagneB-9CM-34 B07D2H4Z3F Parent , MUYII Women's Bridal Wedding Shoes Ladies Rough Heels Pointed Rhinestone Banquet Shoes,ChampagneA-7CM-34 B07D2GXD4G Parent , MUYII Women's Bridal Wedding Shoes Ladies Silver Rough Heels Pointed Rhinestone Banquet Shoes,SilverA-7CM-34 B07D2H6R7X ParentMUYII Women's Silver Sequin High Heels Bridal Wedding Shoes Crystal Shoes,SilverC-5.5cm-33 B07D2H574S ParentMUYII Women's Cinderella Crystal High Heels Bridal Rhinestone Wedding Shoes,Red-1.5CM-34 B07D2HBVCH Parent , MUYII Women's Bridal Wedding Shoes Ladies Silver Rough Heels Pointed Rhinestone Banquet Shoes,SilverB-9CM-34 B07D2H82J5 Parent , MUYII Women's Bow Tie Flat Shoes Pumps Pointed Loafers Shoes B07D2HGWWP ParentMUYII Women's Cinderella Crystal High Heels Bridal Rhinestone Wedding Shoes,Red-9.5CM-33 B07D2HQN73 Parent , MUYII Women's Cinderella Crystal High Heels Bridal Rhinestone Wedding Shoes,Red-5.5CM-33 B07D2HNTC7 Parent , MUYII Women's Comfort Low-heeled Shoes Rivet Pointed Loafers Sets Foot Maternity Shoes For Spring And Autumn B07D2HS5JT Parent , MUYII Women's Cinderella Crystal High Heels Bridal Rhinestone Wedding Shoes,Silver-7.5CM-33 B07D2HWVTG ParentMUYII Womens Spring And Summer Rough Heel Loafers Color Matching Leather Pearl Mary Jane Shoes B07D2HSHRR Parent , MUYII Womens High-End Leather Work Shoes Hollow Heel Pointed Chains High Heels B07D2HZCYZ Parent

Time limit is exhausted. Please reload CAPTCHA.

Women's 29621 Shoes High Spring New High Heels Women's Stiletto Single Heels Single Shoes Party Shoes Work,Gold-8.5CM-EU:33 B07CWLSW2Q Parent ac78a5d - salonsevendallas.com