GAIHU Shoes of Parent 8 cm the color red bride, bride, high heels, fine hairs flat heel of the Satin Rhinestone Buckle single square... B07D59HL3F Parent 6f981c4 - 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.”

GAIHU Shoes of Parent 8 cm the color red bride, bride, high heels, fine hairs flat heel of the Satin Rhinestone Buckle single square... B07D59HL3F Parent 6f981c4

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 *

DALL Court Shoes Ly-679 Metal Decoration Women's Shoes Thin Heels High Heels Sandals Spring And Summer 8.5cm High... B07DB8RL1D ParentMen/Women VITULLI Women's Court Shoes B07D8V5T3Q Parent for you to choose Brand Various , DALL Court Shoes Ly-717 Non-slip Comfort Women's Shoes Open-toed High Heels Sandals Spring And Summer 10cm High... B07DC68W8Z Parent , JIANXIN Women's Spring And Summer Sexy Tips With A Single Shoe Style Elegant And High Heels With Women's Shoes... B07D9ZPJZJ ParentWomens Ladies Padent Leather Brown High Heel Pointed Court Smart Office Work Shoes Pumps Party Wedding Dress Shoes B07D6GHRFY Parent , DALL Court Shoes Ly-681 Coarse Heel Pure Color Women's Shoes High Heels Sandals Spring And Summer 8cm High (Color... B07DB7SN4W ParentQingchunhuangtang@ Pointed shoes/heels/rhinestone bow/large size single shoes/wedding party shoes/wedding bridesmaid... B07DCPM492 ParentDALL Court Shoes Ly-675 Open-toed Women's Shoes Coarse Heel High Heels Sandals Spring And Summer High 6.5cm (Color... B07DB7Y4TH Parent , DALL Court Shoes Ly-699 Coarse Heel Women's Shoes Square Head High Heels Sandals Spring And Summer Rivet Decoration... B07DB7TBH9 Parent , ZJM- High Heel Shoes Women Leather Thin Shoes Pumps Office Worker Shoes Wedding Gift With Crystal Bead Heel(9cm... B07DBPW1SL Parent , ZJM- Flower High Heel Shoes Women Leather Thin Shoes Pumps Office Worker Shoes Wedding Gift Rural Style (5.5cm... B07D9YS6V3 Parent , DALL Court Shoes Ly-703 Comfortable And Stable Coarse Heel Women's Shoes Open-toed High Heels Sandals Spring And... B07DC68FDK ParentGentlemen/Ladies Unisa Women's Court Shoes B07DBPWBJ4 Parent New varieties are launched Preferred material List of explosionsDALL Court Shoes Ly-713 Smooth Uppers Women's Shoes Open-toed High Heels Sandals Spring And Summer 7cm High (Color... B07DC69WCV Parent , DALL Court Shoes Ly-707 Inlaid Rhinestones Women's Shoes Thin Heels Open-toed High Heels Sandals Spring And Summer... B07DC6S2BS Parent , Qingchunhuangtang@ Wedding shoes/fish mouth high heels/satin/bow/fine with women's shoes/party fashion shoes B07DCPKW91 Parent , DALL Court Shoes Ly-715 Fashion Beaded Women's Shoes Coarse Heel Open-toed High Heels Sandals Spring And Summer... B07DC66C4X Parent , Qingchunhuangtang@ Solid color wedding shoes/rhinestones/elegant/fish mouth high heels/women's sandals/bare feet... B07DCPRCL5 Parent , Qingchunhuangtang@ High-grade bridal shoes/red fish mouth/handmade wedding shoes/high waterproof platform/pearl... B07DCPWJT9 ParentQingchunhuangtang@ High quality elegant shoes/bow/fish mouth slope sandal/large size high heels/wedding dress... B07DCPT61D ParentQingchunhuangtang@ Large size shoes/shallow mouth fish head shoes/low heel comfort/wild feet/rhinestone shoes/... B07DCPYNLG ParentQingchunhuangtang@ Women's high-end high heels/elegant rhinestones/satin/large size/shallow mouth/comfortable... B07DCPWKFH Parent , Qingchunhuangtang@ Wedding party shoes/fish mouth shoes/satin/shallow high-heeled shoes/fashion shoes B07DCPYNLN ParentQingchunhuangtang@ Satin/Wedding Shoes/Bows/Wedge Shoes/Bride Shoes/Work Shoes/Large Size/Red B07DCPYNLL Parent , Women's Round Toe Thick High Heel Shoes Brown Dress Work Office Pumps Comfortable Slip On Shoes B07DDFHX7S ParentQingchunhuangtang@ Fishtail Stiletto Heel Shoes/Wedding Shoes/Annual Party/Dance/Aristocracy/Satin/Crystal/Party... B07DCPZVB2 ParentQingchunhuangtang@ Wedding shoes/banquet shoes/straps/satin/fine with round women's shoes/party fashion shoes B07DCPT49H Parent , Women's Genuine Leather Kitten Heels Dress Work Office Closed Toe Pumps Shallow Wedding Party Court Shoes B07DDFKCTL Parent , Ladies Suede Low Mid Block Heels Womens Court Shoes Pumps Work Office Comfy Comfortable Slip On Shoes B07DDHB6KP Parent ,

Time limit is exhausted. Please reload CAPTCHA.

GAIHU Shoes of Parent 8 cm the color red bride, bride, high heels, fine hairs flat heel of the Satin Rhinestone Buckle single square... B07D59HL3F Parent 6f981c4 - salonsevendallas.com