Womens Faux Suede Ankle Stretch Suede Parent Boot Kitten Heel Pointed Toe Stretch Martin Boots B07H97DDSC Parent 7a7eae3 - 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.”

Womens Faux Suede Ankle Stretch Suede Parent Boot Kitten Heel Pointed Toe Stretch Martin Boots B07H97DDSC Parent 7a7eae3

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 *

Top Shishang Autumn and winter matte retro thick high heel Martin boots Chelsea boots lacing and ankle boots women's B07HD1YDKL ParentTop Shishang Women's autumn and winter matte retro low heel Martin boots Chelsea boots lacing and ankle boots B07HD1Z18K ParentKUKI Women's Boots Tassels Large Size Fashion Snow Boots Winter Students Flat Warm Cotton Boots Casual Round Head... B07HD29VHS ParentKUKI Women's Boots Large Size Fashion Snow Boots Winter Students Flat Bottom Plus Velvet Warm Cotton Boots Casual... B07HD2KZ1M ParentKUKI Women's Boots Large Size Fashion Snow Boots Winter Tube Flat Bottom Plus Velvet Thick Warm Cotton Boots Casual... B07HD2M4TG ParentTop Shishang Thick with rivets with Martin boots round thick leather Chelsea boots and ankle boots for men and... B07HD2Y9W7 ParentWDYY Personality British Fashion High Help Martin Boots B07HD6YFTR ParentLumberjack SW51203 002 Q12 Ankle Boots Women B07HD71MD7 Parent , JUNKAI Boots New Winter Women'S Chelsea Boots Female Round Head Thick And Elastic Short Boots. Thirty-Eight B07HD89T6F ParentJUNKAI Boots New Winter Women'S Chelsea Boots Female Round Head Thick And Elastic Short Boots. Thirty-Six B07HD8L84W Parent , JUNKAI Boots New Winter Women'S Chelsea Boots Female Round Head Thick And Elastic Short Boots. Thirty-Nine B07HD8NS2T Parent , JUNKAI Boots New Winter Women'S Chelsea Boots Female Round Head Thick And Elastic Short Boots. Thirty-Seven B07HD8YHJM Parent , Ruixinshi Butterfly Knot Chunky Heel Woman Stretch Boots Autumn Europe Middle Heel Short Boots Pointed England... B07HD9XHH3 ParentJUNKAI Boots Lady Chelsea Short Boots Autumn And Winter New Flat Bottomed Student Deep Back Thick Sole Martin... B07HDB5MRK Parent , JUNKAI Boots New Winter Women'S Chelsea Boots Female Round Head Thick And Elastic Short Boots. Forty B07HDB5QJM ParentJUNKAI Boots Lady Chelsea Short Boots Autumn And Winter Flat Bottomed Student Deep Back Thick Bottom Plus Cotton... B07HDB5V2Y Parent , Women's Suede Zipper High Heel Pump Platform Ankle Boots B07HDBFWPK ParentWomen's Suede Rhinestone Hollow Sleeve High Heel Pump Ankle Boots Black B07HDBJQ72 ParentWomen's Flat Heel Internal Increase Middle Boots B07HDCBCHY ParentWomen's Rough Heels Scrub Elastic High Over The Knee Long Boots B07HDCF5HK Parent , Women's Round Toe Platform Warm Long Boots B07HDDPCBK ParentWomen's Flat Heel Thick Bottom Elastic Martin Short Ankle Boots B07HDDQFSD ParentWomen's Round Toe Low Heel Warm Snow Boots B07HDDQXXL Parent , Women's Thick Bottom Internal Increase High Over The Knee Warm Snow Boots B07HDDS48D ParentWomen's Stiletto High Heels Pointed Toe Scrub Short Ankle Boots B07HDDSBCG ParentWomen's Round Toe Block Heels Long Boots B07HDDTHYF Parent , Women's Low Heel Elastic High Over The Knee Long Boots B07HDDX5ZH ParentWomen's Flat Heel Fringed Short Ankle Boots B07HDDY4SJ ParentWomen's Flat Heel Thick Bottom Warm Snow Boots B07HDDYPSN Parent ,

Time limit is exhausted. Please reload CAPTCHA.

Womens Faux Suede Ankle Stretch Suede Parent Boot Kitten Heel Pointed Toe Stretch Martin Boots B07H97DDSC Parent 7a7eae3 - salonsevendallas.com