Lamoda dragonweb-25858 Womens Patent Block Heeled Ankle Boots in Rose 6 Gold Patent PU Size 6 B07CL4GKYY Parent 2d998d4 - 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.”

Lamoda dragonweb-25858 Womens Patent Block Heeled Ankle Boots in Rose 6 Gold Patent PU Size 6 B07CL4GKYY Parent 2d998d4

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 *

ZHZNVX The new boots with thick rough bare boots stylish side zipper boots female boots B07CLNV6GJ Parent , ZHZNVX Boots stylish bold stretch fabric with a pointed high-heeled boots, and matte single boots female boots B07CLNV6K9 Parent , RFF-Spring, summer and autumn shoes Heels Sandals/Ankle Strap Sandals/Open Toe Sandals/Women’s Sandals/in The... B07CLP57SW ParenttomBrook Women’s Lemon Tree Chelsea Boots B07CLP1MR8 ParentZHZNVX Fish mouth sandals minimalist and versatile fish mouth sandals which were lattice with cold boots B07CLPCVK7 ParentLamoda Womens Block Heeled Ankle Boots in Black Patent PU Size 3 B07CLP8C93 Parent , QI FANG BUSINE Water boots Rain boots Spring and summer Short tube Non-slip outdoor Ms fashion PVC Height 5 inches... B07CLQ5N6N Parent , Lamoda Womens Block Heeled Ankle Boots in Black Patent PU Size 5 B07CLPJB77 Parent , Lamoda Womens Block Heeled Ankle Boots in Black Patent PU Size 6 B07CLRPV2S Parent , Rain boots Spring and summer Short tube Non-slip outdoor Ms fashion PVC Height 5 inches (Color : Gray, Size :... B07CLQQSMQ ParentLamoda Womens Ring Pull Platform Heeled Ankle Boots Black in Faux Suede 3 B07CM8L1FB Parent , Lamoda Womens Stiletto Heeled Ankle Boots in Black Patent PU Size 7 B07CLRVF9N ParentLamoda Womens Ring Pull Platform Heeled Ankle Boots in PU B07CM98RP9 ParentLamoda Womens Ring Pull Platform Heeled Ankle Boots Black in PU 3 B07CM9KHQK Parent , Lamoda Womens Ring Pull Detail Heeled Ankle Boot in Black Faux Suede 4 B07CMB95H2 ParentLamoda Womens Ring Pull Detail Heeled Ankle Boot in Black Faux Suede 5 B07CMB76TV Parent , Lamoda Womens Ring Pull Platform Heeled Ankle Boots Black in Faux Suede 6 B07CMBMXP1 Parent , Lamoda Womens Ring Pull Platform Heeled Ankle Boots Black in PU 5 B07CMBPY2Q Parent , Lamoda Womens Ring Pull Detail Heeled Ankle Boot in Black Faux Suede 3 B07CMDT628 Parent , Lamoda Womens Ring Pull Detail Ankle Boots in PU B07CMDWT4L ParentLamoda Womens Ring Pull Detail Heeled Ankle Boot in Black Faux Suede 6 B07CMFNHJ2 Parent , Lamoda Womens Ring Pull Detail Heeled Ankle Boot in Black Faux Suede 8 B07CMH1XWW ParentLamoda Womens Stiletto Ankle Boots in Snake PU B07CRRJWDZ Parent , Lamoda Womens Ring Pull Detail Heeled Ankle Boot in Faux Suede B07CMH6WSM ParentLamoda Womens Pointed Toe Ankle Boots in Black Patent PU 5 B07CRJNJ9C Parent , Lamoda Womens Block Heeled Ankle Boots in Rose Gold Patent PU Size 5 B07CMK1FXG Parent , Lamoda Womens Pointed Toe Ankle Boots in Red Patent PU 4 B07CRN763B ParentLamoda Womens Stiletto Heeled Ankle Boots in Black Patent PU Size 4 B07CMVM5M8 Parent , LifeStride Women's Adley Ankle Boot B07CRFJJD2 Parent ,

Time limit is exhausted. Please reload CAPTCHA.

Lamoda dragonweb-25858 Womens Patent Block Heeled Ankle Boots in Rose 6 Gold Patent PU Size 6 B07CL4GKYY Parent 2d998d4 - salonsevendallas.com