Elobaby Womens PU Boots PU Fancy Dress Party Party Waterproof Mid 20 Heel Size,Shoe Height 20 cm B07HC5Z7TJ Parent ab866db - 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.”

Elobaby Womens PU Boots PU Fancy Dress Party Party Waterproof Mid 20 Heel Size,Shoe Height 20 cm B07HC5Z7TJ Parent ab866db

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 *

HSXZ Women's Shoes Knit PU Fall Winter Comfort Boots Chunky Heel Pointed Toe For Outdoor Office\Career Gray Black B07BBSBRSR Parent , HSXZ Women's Shoes Nubuck leather Winter Fashion Boots Boots Stiletto Heel Pointed Toe Knee High Boots Stitching... B07BBXQDP1 Parent , HSXZ Women's Shoes PU Winter Comfort Boots For Casual Green Brown Gray Black B07BBXLJ3F Parent , HSXZ Women's Shoes Real Leather Cowhide Rubber Winter Fashion Boots Combat Boots Boots Walking Shoes Flat Heel... B07BBZ4SV4 Parent , HSXZ Women's Shoes Flocking Winter Fashion Boots Boots Wedge Heel Round Toe Knee High Boots Bowknot For Office... B07BBZBL8D Parent , HSXZ Women's Shoes Leatherette Winter Fashion Boots Slouch Boots Boots Wedge Heel Round Toe Booties/Ankle Boots... B07BC287BR Parent , HSXZ Women's Shoes Flocking PU Fall Winter Comfort Boots Chunky Heel Square Toe Rivet For Outdoor Office\Career... B07BBZBT7P Parent , Mr/Ms GUNAINDMX Shoes/Sports/Spring/New/White Shoes/All-Match/Trend B07BCCHGSW Parent Diverse new design Optimal price Exquisite workmanship , Gentleman/Lady GUNAINDMX Spring/New/Leather/Increased/Leisure/Sports Shoes/Shoes/All-Match/Flat B07BCFBT9Z Parent Long-term reputation Sufficient supply Modern modeMen's/Women's GUNAINDMX Women'S Shoes/Shoes/Shoes/Sneakers/Spring/Summer/Autumn Winter B07BD6LM2D Parent Crazy price, Birmingham At a lower price Export , SFSYDDY-Sexy Slender Heel Short Boots 10Cm Pointed Head Suede High Heel Shoes New Cashmere Thickened Red Boots B07BD11XVR ParentKPHY-English Retro Embroidered Martin Boots High Heels Short Boots Short Boots Old Beijing Cloth Shoes B07BDLMV66 Parent , KPHY-Slope Heel 7Cm Heel Single Boots Beijing Cloth Shoes Martin Boots Retro Ethnic Embroidery B07BDJQZ8G Parent , KPHY-The Spring And Autumn Period Old Beijing Embroidery Shoes Boots Single Short Tube Boots Coarse Embroidery... B07BDM4GQR Parent , KPHY-Retro Embroidery Shoes Boots Winter Thick With Boots High-Heeled Shoes Folk Style Boots All-Match Old Beijing... B07BDN1J3J Parent , GaoXiao 20 cm high heel shoes with low boots and low boots B07C18GBS1 ParentXIE Ms Front Strap Boots Round Head Martin boots Rough With Short Boots Roman Women Shoes B07BTRQHVP ParentGaoXiao 20 cm high heel shoes, high boots and steel pipe boots B07C18LKNJ Parent15 cm high heels knee high boots front tie fashion catwalk dress shoes B07C18L6H7 ParentGaoXiao 19 cm steel shoes Leather Knee High Boots B07C1LZPJG ParentGaoXiao The stage shoes customers Knee Boots 18 cm heels B07C1LTNXK Parent , GaoXiao 20 cm high heel boots shoes DJ knee performance performance boots B07C1M1Y64 Parent , GaoXiao 15/17//20 cm show shoes knee high boots heels customers boots B07C1M346F ParentGaoXiao 15 cm high heel shoe low boot rivet B07C1M32R5 Parent20 cm high heels stage knee high boots fashion catwalk shoes B07C1N3Z5F Parent20 cm high heels T catwalk shows knee high boots fashion fringe bottom DJ nightclub show shoes B07C1QS479 ParentGaoXiao High heels 18 centimeter boots vogue tie belt women shoes B07C1N428N ParentGaoXiao The paint two wearing high boots party shoes 15 cm heels B07CBQCSCT Parent , XIE Women'S Waterproof Taiwan Belt Buckle High Heels Shoes Short Boots Increased Within Martin Boots Boots Over... B07C9ZZ2HC Parent

Time limit is exhausted. Please reload CAPTCHA.

Elobaby Womens PU Boots PU Fancy Dress Party Party Waterproof Mid 20 Heel Size,Shoe Height 20 cm B07HC5Z7TJ Parent ab866db - salonsevendallas.com