Asics Womens Weldon X Shoes Womens Parent X Parent B0716X23F1 f8c8fd7 - 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.”

Asics Womens Weldon X Shoes Womens Parent X Parent B0716X23F1 f8c8fd7

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 *

Reef Women’s Rover Low Tx Top Sneakers Parent B077V2FQ32 , ADIDAS SHOES WOMEN EQUIPMENT RACING 91/16 W BA7589 SNEAKER Parent B06WLMMZBVLotto Women's Running Shoes N1232 Women 38 EU (5 UK) Parent B004O8VX96SEVENWELL Unisex Couple USB Charging Light Up Shoes Sports LED Shoes Dancing Sneakers Parent B07GZRL13Z , Merrell Women's 1SIX8 MJ AC+ Fashion Sneaker, Amarath, 7.5 M US Parent B01N7IZAP8RFF-Women's Shoes Pump/Ankle-Strap/Women’s Heels/Closed Toe/Europe shoes shoes girl stars color leisure shoes... Parent B073M814D2 , Men's/Women's Mustang Womens Slipper Slipper Parent B00JEZULPG Reasonable price luxurious As of the latest modelGolden Goose Women's G33WS595Z1 Red Cotton Hi Top Sneakers Parent B07HGJQDWSColumbia Women’s Conspiracy V Outdry Waterproof Multi-Sport Shoes Parent B0772SV944ASICS DynaFlyte 2 Running Shoes Women | Black / Hot Pink / Persian Jewel (T7D5N) Parent B0754NNWL6 , Vans U Authentic (Pop) Aquarius/, Unisex Adults’ Sneakers Parent B00AMKOS24 , Puma Meteor WN's, Women’s Running Parent B01MRGWT8EEl Naturalista Unisex Adults' N5278 Low-Top Sneakers Parent B0779CW1Y1Monie Women's Sexy Practice Modern Salsa Ballroom Latin Dance Shoes 2.4" Flare Heel Parent B01HQE9FM6Janet sport 42834 Slip On Women Parent B07HLMSFTP , Sperry Top-Sider Womens Seacoast Floral Print Seacoast Floral Print Parent B01K63O16ONew Balance Women's 696 Clean Composite Pack Lifestyle Sneaker Parent B01956631Y , Gentleman/Lady Asics Women's DynaFlyte 2 Parent B0754JDG5P Great variety Online Clearance sale , adidas Duramo 7 Ladies Running Shoes - Blue Parent B071YSTFDPKevin Leopard KV108 Ladies Leopard Satin Latin Salsa Ballroom Wedding Sandals Parent B01D4W7SX2 , Philippe Model Sneaker Model Tropez Black Leather Sneaker with Micro Studs Parent B07FJ6VHMG , Gentleman/Lady Gola Harrier, Women's Trainers Parent B00N3FD556 Many styles Modern design Beautiful and charmingGTVERNH Women's Shoes/Fashion/Sandals 10Cm High Heel Female Summer Pointed Thin Princess Temperament Single Shoes... Parent B07DZ7PQWS , Steve Madden Sneaker Belle Leopard Parent B07BMZ94BL , Lakeland Active Eden Women's Aqua Shoe Parent B072NBSJMX , Reebok Bd5611, Women’s Trail Runnins Sneakers Parent B01N7KVAJ0Women Men Warm Striped Slipper Indoors Anti-Slip Winter House Daily Shoes Parent B07HN9CDLN , TTSHOES Women's Shoes Synthetic Microfiber PU Spring/Summer Comfort Sneakers Flat Heel Yellow/Blue / Black/Blue Parent B07GLN525TNorthside Nakoa Women's Waterproof Slip-on Duck Boot, Stone, 8 M US Parent B01BQV7GFI ,

Time limit is exhausted. Please reload CAPTCHA.

Asics Womens Weldon X Shoes Womens Parent X Parent B0716X23F1 f8c8fd7 - salonsevendallas.com