Women's Peep Parent Toe Rhinestone T-Strap Bohemia Roman Sandals Summer Shoes... B07DLSX5Q4 Beach Slingback Sandals Flip Flops Flat Shoes... B07DLSX5Q4 Parent ac20bc7 - 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 Peep Parent Toe Rhinestone T-Strap Bohemia Roman Sandals Summer Shoes... B07DLSX5Q4 Beach Slingback Sandals Flip Flops Flat Shoes... B07DLSX5Q4 Parent ac20bc7

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 *

Women High Heels Women Shallow Sandals High Heel Flowers Shoe Summer Prom Shoes Slip-On Sandals Pointed Toe B07DQK3C4Z ParentWomens Pointed Toe Slip-On Stiletto Closed Ladies High Heel Shallow Sandals Shoes Size B07DQJRT2T ParentTWGDH High Heels Block Heel Sandals Womens Ankle Evening Party Prom Open Toe Shoes B07DPRCX45 Parent , Women's Ankle Strap Party Sandals Work Party Evening Wedding High Heels Shoes B07DQKFQLF Parent , Womens Open Toe Strappy Stars Pattern Stiletto Ladies High Heel Ankle Strap Sandals Shoes Size B07DQKHCF5 Parent , Women's Block Heel Ankle Strap Sandals Ladies Embroidery Casual High Heels Shoes B07DQKXH3H ParentWomen's Sandals Ankle Strap Fashion Peep Toe Pumps Wedding Party Dress Block Slip On Shoes B07DQL19S7 ParentWomens High Heel Transparent Pointed Toe Sandals Stiletto Ladies Slingback Evening Wedding Shoes B07DQLFP8R Parent , Womens Wedding Party Shoes Ladies Mid High Heels Bridal Ankle Strap Sandals Size New B07DQLF71R ParentWomen's Open Toe Strappy Block Ladies High Heels Ankle Strap Tie Up Sandals Shoes Size B07DQLJYV4 Parent , Women's Ankle Strap High Heel Sandals Rhinestone Ladies Peep Toe Evening Party Prom Shoes B07DQLSH5V ParentWomens High Heels Ankle Strap Buckle Open Toe Sexy Sandals Stiletto Ladies Evening Wedding Shoes B07DQMTK99 Parent , Womens Stiletto High Heels Cross Strap Open Toe Pumps Ladies Tie Up Sandals Shoes Size New B07DQMW6XH Parent , Women's High Heels Pumps Rhinestones Ankle Strap Sexy Open Toe Dress Party Sandals Shoes B07DQN48FC ParentWomen's Elegant High Heels Butterfly Sandals Ankle Strap Pumps Ladies Pointed Toe Wedding Dress Shoes B07DQNK8YW ParentWomen's High Heel Fashion Mid Block Heels Slingback Sandals Ladies Peep Toe Wedding Party Dress Shoes B07DQPFX7R ParentAngel love beauty Women's Elegant Mid Heel Ankle Strap Closed Toe Wedding Party Casual Prom Stiletto Sandals Shoes... B07DQPV2VP Parent , AJUNR New/Fashion/Work/Ladies Women's shoes Muffin thick bottom sandals hundred students retro drill B07DQQ1XXB ParentWomens Peep Toe Strappy Block Heels Ladies High Heel Ankle Strap Sandals Shoes Size B07DQQDM42 Parent , Womens High Heels Open Toe Rhinestones Ankle Strap Sandals Stiletto Ladies Tassels Evening Wedding Shoes B07DQSFCCC ParentWomens Stiletto High Heel Rhinestones Ankle Strap Sandals Open Toe Pumps Ladies Prom Party Wedding Shoes B07DQTFDQV Parent , Stilettos High Heels Ankle Straps Shoes Covered Heel Sandal With Three Straps Women Evening Party Sandals B07DQVJ82C ParentWomen's High Heels Rhinestones Ankle Strap Sexy Open Toe Sandals Dress Party Shoes B07DQVTC2N Parent , Womens Pumps Open Toe Ankle Strap High Heel Stiletto Ladies Cut Out Buckle Evening Wedding Shoes B07DQXYWPC Parent , Womens Stiletto High Heels Ankle Strap Ladies Sexy Pointed Toe Sandals Shoes Size New B07DQW1L7S ParentLHA Women Summer Slippers Fashion Thick Bottom High-heeled Seaside Non-slip Beach Shoes Sandals Fashion Sandals... B07DVYXTZN ParentTWGDH Stiletto High Heel Ladies Sexy Geometric Hollow Ankle Strappy Cut Out Party Sandals Shoes B07DVNZRMM Parent , Hope Women's Peep Toe High-Heeled Sandals Platform Slingback Sandals For Women Ladies Dress Evening Wedding Party... B07DYVZNQP Parent , Womens Ladies Stiletto High Heel Barely There Double Strap Buckle Party Sandals Shoes Size B07DZ9QLWG Parent

Time limit is exhausted. Please reload CAPTCHA.

Women's Peep Parent Toe Rhinestone T-Strap Bohemia Roman Sandals Summer Shoes... B07DLSX5Q4 Beach Slingback Sandals Flip Flops Flat Shoes... B07DLSX5Q4 Parent ac20bc7 - salonsevendallas.com