Autumn Boots and Harajuku Winter Martin Martin Boots Female British Style Student Korean Version Harajuku Handsome Boots B079HWC1Y4 Parent 888e0cb - 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.”

Autumn Boots and Harajuku Winter Martin Martin Boots Female British Style Student Korean Version Harajuku Handsome Boots B079HWC1Y4 Parent 888e0cb

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 snow boots The New, In the tube boots Rubber sole Non-slip Wear-resistant waterproof, damping, Openwork... B07B6DS2GP ParentAutumn and Winter bbslt-l' Round Head Smooth Matt and the Bare Boots Boots Martin Boots B07B7L9HBN Parent , Maritan 140468 Ankle Boots Women B07B6X81D7 Parent , Lotus Women’s Coppice Ankle Boots B07B7V5GHZ Parent , Women Short boots The New, rubber Soles Non-slip Wear-resistant waterproof, Retro Weaving tassel Female boots. B07B6FDR49 ParentClarks Enfield River Ankle Boot With Buckle Detail Standard Fit - 5 - Taupe B07B8MBS11 Parent , Fergalicious Women’s Jillie Ankle Boot B07B9ZW6C5 Parent , Fergalicious Women’s Cashen Ankle Boot B07BB1YP7Y Parent , Cafè Noir KJA416010LXL 010 Nero SM Over Dress with Pockets B07BB285ZF Parent , Fergalicious Women’s Wanderer Ankle Boot B07BB39YTC ParentFergalicious Women’s Barley Ankle Boot B07BB39YTJ ParentCafè Noir KJM374 V-Neck Sweater Basic B07BB3DLVL ParentReport Women's Declan Ankle Boot, B07BBKL1G6 Parent , CAMPO DI FIORI Calzature Ankle Boots Medium-Leg Low Calf Gray Chain Burnished The Bottom of The Rubber Cararmato B07C3ZKBVM Parent , Rieker Women’s M9431 Ankle Boots B07C4XV98F Parent , Man's/Woman's Gaudi Women’s Boots B07C55TXC6 Parent bargain New design Known for its beautiful quality , Rieker Women’s Z8610 Ankle Boots B07C5FXD82 ParentRieker Women’s Y8078 Ankle Boots B07C5H9ZH4 Parent , Cotswold Womens/Ladies Bampton Waterproof Boots B07C5LNNZZ ParentMan's/Woman's Bockstiegel Women’s Slouch Boots B07C5VWZWP Parent quality online shop Contrary to the same paragraphClarks Enfield River Ankle Boot with Buckle Detail, Taupe (Olive) Combi, 6 UK, 39.5 EU B07C668JK1 ParentClarks Enfield River Ankle Boot with Buckle Detail, Black Leather, 7 E(Wide) UK, 41 EU B07C67QXCY Parent , JBU by Jambu Women’s Mila Ankle Boot B07C8F961Q ParentDirty Laundry Women’s Lisbon Ankle Boot B07C8MYFZ4 ParentMan's/Woman's Office Heron Chelsea Boots B07C8NTZC1 Parent Cheap special function Exquisite processing , JBU by Jambu Women's Evelyn Fashion Boot B07C8P36G8 Parent , Women boots fine with side zipper single boots high-heeled pointed boots Martin boots female,37, black B07C8ZWF1Q Parent , GAOLIXIA Women's High Heels Summer New Fashion Street Shooting Rivets With Super High-heeled Ladies Fish Mouth... B07C944WS2 Parent , ALPE Womens Boots, Colour Black, Brand, Model Womens Boots 3129 11 Black B07C9BVVQ1 Parent

Time limit is exhausted. Please reload CAPTCHA.

Autumn Boots and Harajuku Winter Martin Martin Boots Female British Style Student Korean Version Harajuku Handsome Boots B079HWC1Y4 Parent 888e0cb - salonsevendallas.com