Cotswold Brown Ladies slipper Slippers Hyde Animal Cotswold slipper Parent Womens B017TDYSB2 Parent f4db9e7 - 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.”

Cotswold Brown Ladies slipper Slippers Hyde Animal Cotswold slipper Parent Womens B017TDYSB2 Parent f4db9e7

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 *

MBT Women’s Sirima 5 Mary Janes, Black B01INIW6XE Parent , Gentlemen/Ladies Bernie Mev Comfi B01IPRBADK Parent Reputation first Settlement Price value , Giani Bernini Vineza Women Burgundy Mary Janes B01IWMJ724 Parent , Grunland SC2387 MUTI SCARPA DONNA BLU 40 B01JAEEH0K ParentYL Women's Mary Jane Flats black Size: 2 UK B01JOLGIMY ParentYL Women's Mary Jane Flats black Size: 7 B01JOLGL26 ParentYL Women's Mary Jane Flats black Size: 7 UK B01JOLGPJ0 Parent , YL Women's Mary Jane Flats B01JOLGS88 ParentYL Women's Mary Jane Flats black Size: 2 B01JOLGT1E Parent , Guess Ridley, Women’s Closed Toe Sandals B01JY6KO7O Parent , CAF NOIR MF901 black shoes woman dcollet heeled leather interior plateaux B01K2A7Z2S ParentENVAL SOFT women brogues 69163/00 B01K4CCAOC ParentGentleman/Lady Melluso D5111V Pumps Women B01K6G23LG Parent elegant Win highly appreciated Modern modeMr/Ms Melluso L5024 Pumps Women B01K6G38D8 Parent main category Beautiful appearance comfortableRuby Shoo Georgia (Camel) by B01KBF5GMK Parent , Giani Bernini Vineza Mary Jane Pumps Oxblood 7M B01KQQA9ZI Parent , Cafè Noir NLB541 MOCCASIN SUEDE MULTICOLOR WITH FRINGE B01KLZCFR4 ParentEXCELLANYARD Women's Chinese Embroidery Flat Slippers B01L6C0EL0 Parent , Wedopus MW923 Mary Jane Mid Heel Pumps Peep Toe Prom Satin Ribbon Tie Wedding Bridal Court Shoes B01KTPEKA6 Parent , Guess Women’s Elily Closed Toe Sandals, Black B01L764UPQ ParentIGI & CO women brogues 68303/00 B01L5HOYXA ParentGrunland SC0170 INES Scarpa Donna Nero 36 B01L7DO3FQ ParentGrunland SC0169 INES Scarpa Donna B01L7DNOX8 Parent , Grunland SC2624 MUTI SCARPA DONNA B01LEY90EW Parent , Clarks New Women's Tarah Presley Strap Pump Black Leather/Snake 7.5 B01LDGPQIU ParentAIWEIYi Womens Pointed toe Rivets Stilettos High Heel Dress Pump B01LQJRPRO Parent , Jana Women’s 24301 Mary Jane, Black B01LPWLHO4 ParentGentleman/Lady IGI&co 6730200 Pumps Women B01LRURWB6 Parent Innovative design discount Global salesAIWEIYi Womens Slim Stiletto Pointy Toe Slip-on High Heels Pumps Dress Shoes B01LW3P61E Parent

Time limit is exhausted. Please reload CAPTCHA.

Cotswold Brown Ladies slipper Slippers Hyde Animal Cotswold slipper Parent Womens B017TDYSB2 Parent f4db9e7 - salonsevendallas.com