Sanuk Mat Yoga Mat Women's 09 Sandal/Flip Sandal/Flip Flop/Slippers Footwear - Ebony/ Size 09 B0081PI9KY Parent 8be0837 - 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.”

Sanuk Mat Yoga Mat Women's 09 Sandal/Flip Sandal/Flip Flop/Slippers Footwear - Ebony/ Size 09 B0081PI9KY Parent 8be0837

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 *

Adidas F30 TRX FG Messi (G65387) B00BMX7XVI Parent , Nike - AIR TOTAL CORE - Coleur: Black-Violet - Taille: 36.5 B00C82T478 Parent , Nike Lunarswift+ 4 Ld23 Dk Grey/Frberry 7 UK UK B00C2GP0XC ParentMerrell Snowfury Waterproof Womens Boots- Black-7.5 B00CHZVCNK Parent , Saucony Women's Velocity Track Shoe B00CWBAD2A ParentAdidas F30 TRX Firm Ground Women Leather [Running White/Hero Ink/Blaze Pink] B00CX45IG2 ParentSUEDWIND Jodhpur Ankle boot OXFORD ADVANCED B00D0T3WS0 Parent , SUEDWIND Jodhpur Ankle boot BLACK BOSTON B00D0T3Y10 Parent , Asics - Kids Gel-Lyte33 2 Gs Running Shoes B00D3MZJ9O ParentAsics Gel-Zaraca 2, Women's Running Shoes B00DFLMN6K ParentMizuno Women's Finch Elite Switch Softball Cleat B00DIF12XI Parent , Men/Women Asics Gel-Solution Speed B00DMEDM6A Parent Promotion Bright colors Sales online store , Sanuk Women's Maritime Funk Flip Flop B00DQYZK5M ParentRyka Women's Precision Cross-Training Shoe B00DTWNXNC ParentRyka Women's Sport Walker 6 Walking Shoe B00DVOKD2W ParentKeen Women's Rose Slide Hiking Shoe, Black/Neutral Grey, 7.5 M US B00E0GMAUS Parent , Kenneth Cole Unlisted Old Coin Womens Flip Flop Sandals B00JQFQAGS ParentMerrell Daria Wtpf, Women’s Low Rise B00K8O4D1A Parent , Highlander Delta Boots Brown size 13 B00KBT3W8W Parent , Brogini Modena Ladies Womens Long Horse Riding Showing Jumping Synthetic Equi Leather Boots B00KFH9EKK Parent , adidas Women’s Cc Sonic Boost W M29625 Trainers B00KGVACLA ParentNike Free 5.0 (GS) Laufschuhe bright crimson-black-hot lava - 38 B00KLJXA20 Parent , Brooks PureFlow 4 Women's Running Shoes - SS15 B00KLMCCCQ ParentBrooks The Wire 3 Running Spikes B00KLMIFSG ParentNIKE Women W NSW Tee Force Qs Black B00KMH7NS8 ParentAsics Gel-oberon 8, Women’s Running Shoes B00KNIHYHQ Parent , Asics Women’s T472N Running Pink Size: 4.5 UK B00KNIHZFC Parent , Avia Women's Avi-Volante Country Walking Shoe B00KOKFZ3I Parent , ASICS Women's Hyper LD 5 Track And Field Shoe,Mango/Rose/Mint,9.5 M US B00KOLW85U Parent ,

Time limit is exhausted. Please reload CAPTCHA.

Sanuk Mat Yoga Mat Women's 09 Sandal/Flip Sandal/Flip Flop/Slippers Footwear - Ebony/ Size 09 B0081PI9KY Parent 8be0837 - salonsevendallas.com