Moschino Written Love sea Slipper Woman Written Woman Leather 29631 White Pink JA28042G05JD110A B07BY1CDYT Parent 135b5aa - 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.”

Moschino Written Love sea Slipper Woman Written Woman Leather 29631 White Pink JA28042G05JD110A B07BY1CDYT Parent 135b5aa

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 *

BureBure Wedding Bride Slippers with Felted Rose Brooches Handmade in Europe B07C93WNYJ Parent , Qingchunhuangtang@ Summer slippers home slippers B07C9MTBMR Parent , Qingchunhuangtang@ Home finger pressure board massage slippers acupoint health care indoor slippers B07C9MYT58 ParentGentlemen/Ladies VALLEVERDE Women's Slippers B07C9X5719 Parent Consumer first Affordable Popular tide shoesAlgemare Algemeen Ladies Slipper 3416-3894 Beige B07CB4MLZH ParentVaneel Women dennea 4 8CM Cone Heel Slip-on Slippers, Off White, 4.5 UK B07CB46DDJ ParentGTVERNH-Women'S/Ladies/Fashion/Summer/12Cm Super Heel Fine Heel Cool Slippers Female Summer Hollow Out Waterproof... B07CBNT59P Parent , SPA slippers 100 Pairs, Disposable Slippers Closed/open Toe Hotel Slippers Beauty Club Travel indoor Slippers B07CBZHD8G ParentBronx Womens Velvet Slipper Bronze Bronze 7.5 UK 9.5 US B07CBN5N4L Parent , Slope with Cool Slippers Outside Female Summer Fashion Wild Slippers Outside The Loose Cake at The End of Thick... B07CCGW54Y ParentSPA slippers thick non-slip washable disposable slippers For Womens & Mens Slippers Plaid B07CBZFP4L Parent , Summer Tires Skirt Slippers Outside Wear Waterproof Table Cool Slippers Thick Slopes with Slippers Women Fashion... B07CCGM6M1 Parent , Out Slippers Female Summer Fashion Wear Sexy Slippers Increase The Cool Trailer Thick Bottom Slippers Slope with... B07CCH3L1B ParentMen's/Women's Wolky Comfort Barbados B07CCH3C66 Parent wholesale In short supply Fashion versatile shoes , ZZHF Summer Fashion Slippers Ladies Thick Slippers Simple Casual Slippers Colorful Flowers and Birds Slippers... B07CCK7HN2 Parent , ZZHF Summer Fashion Slippers Ladies Thick Slippers Simple Casual Slippers Film Slippers (Black) (35 Yards) Slippers B07CCJS3XQ ParentMr/Ms Sabatini Calzature Women's Slippers B07CF7D4BF Parent Reasonable price Pleasant appearance Preferential price , PEOPLE Slipper Minerva Silver PU wo's Sandal B07CF45852 ParentDAVID HARON 02 INTREC F18S Bianc Slippers Woman B07CF7J7BP Parent , DAVID HARON 02 INTREC F18S Slippers Woman B07CF7J6BZ Parent , Bronx Womens Velvet Slipper Bronze Bronze 5.5 UK 7.5 US B07CF828QV Parent , ZZHF Summer Fashion Slippers Ladies Thick Slippers Simple Casual Slippers Sweet Bow Slippers (2 Colors Optional... B07CG21466 ParentAdult SPA slippers,Luxury hotel non-disposable slippers hotel 10 Pairs B07CF7JMR9 ParentSlippers Female Summer Clip Feet Loose Cake Bottom Slippers Fashion Girdle to Wear Diamond Toe Slippers Thick... B07CG2YDB8 ParentCrocs Womens/Ladies Blitzen III Animal Clogs B07CFPJV15 ParentSummer Flat Slope with Slippers Thick High-Heeled Cool Slippers Women Fashion Loose Cake Bottom Slippers Women... B07CG2YTG6 ParentGia Couture Fur Lined Close Slippers in red Velvet - Model Number: 5002 RD Rosso B07CG2XYRZ Parent , GTVERNH Slipper Fish Mouth Transparent With Thick Female Slippers Summer Wear Slippers All-Match With B07CG7F3V7 Parent , Angrousobiu Flat bottom Baotou slippers tide female spring and summer resort wear, Stylish and Versatile casual... B07CGJN3WW Parent ,

Time limit is exhausted. Please reload CAPTCHA.

Moschino Written Love sea Slipper Woman Written Woman Leather 29631 White Pink JA28042G05JD110A B07BY1CDYT Parent 135b5aa - salonsevendallas.com