Vagabond 30191 Women’s Vagabond Grace Ankle Boots, Ankle Black B01EOU9RK0 Parent dfcd5bf - 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.”

Vagabond 30191 Women’s Vagabond Grace Ankle Boots, Ankle Black B01EOU9RK0 Parent dfcd5bf

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 *

Hunter Black, Women’s Wellington Boots B00K1WC6HM ParentThe Original MuckBoots Adult Chore Mid Rain Boot B000WG8TAA Parent , Fly London Stay Rug, Women's Biker Boots B00CO3J048 ParentMuck Boots Women’s Muckster Ii Ankle Wellington Boots B01B6OSX7K ParentTMA Shoes Women's Boots brown brown B074TH9HPQ Parent , Vagabond Olivia, Women’s Ankle Boots B01GEF414A ParentJosef Seibel Sandra 04, Women’s Warm-Lined Short-Shaft Boots and Bootees B01FW8BA3A Parent , Man/Woman Aldo Women’s Masen Boots B071XYKK3W Parent Complete specification range Sufficient supply Cost-effective , Rocket Dog Women’s Sterling Cowboy Boots B071LQMRDL ParentJenny Women’s Portland-St Chelsea Boots B0721QQ7B9 ParentLaura Vita Women’s Coralie 04 Chelsea Boots B073HNXWL5 ParentFly London Women’s Mili946fly Ankle Boots B072BYBLQZ ParentMen's/Women's Native Unisex Fitzsimmons Boot B0182PQURG Parent Ideal gift for all occasions Excellent performance Elegant and robust menu , Poetic Licence by Irregular Choice Side Line, Women’s Ankle Boots B01MTF9CAV Parent , Men's/Women's Mustang Women’s 1141-609-318 Boots B01LZ3DYE1 Parent Special price a variety of Known for its beautiful qualityDemonia Women’s Shaker 52 Ankle Boots B016D678CW Parent , Rieker 99878, Women’s Ankle Boots B00CJXSTPY ParentBugatti J85373, Women’s Chelsea Boots B01ETA3O9A Parent , Desigual Women’s Shoes_Country Exotic Black Chelsea Boots B06XPNLYRJ ParentJosef Seibel Women’s Neele 01 Ankle Boots B07B3592QP ParentRieker Women’s 96054 High Boots B06XWNVF57 ParentRocket Dog Tinny, Women’s Ankle Boots B01H9SCYVS ParentGabor Lilia, Women’s Ankle Boots B01GUUURSI Parent , GAIHU Ladies Ankle Boots ladies retailers marriage bridal shoes head color of flowers dress party has high heel... B07D5FBXXW ParentMarc Shoes Women’s Helena Ankle Boots B01HK8PXE2 ParentEllie Shoes Women's 253-Stella Ankle Bootie B06Y52T5D9 Parent , Hotter Women’s Pixie EXF Moccasin Boots B07B9VT7CY ParentVagabond Women’s Grace Ankle Boots B01EOSDOWO Parent , Josef Seibel Women’s Neele 46 Ankle Boots B079VTGQRW Parent ,

Time limit is exhausted. Please reload CAPTCHA.

Vagabond 30191 Women’s Vagabond Grace Ankle Boots, Ankle Black B01EOU9RK0 Parent dfcd5bf - salonsevendallas.com