Juleya Women's Dance Wear-Resistant Fitness Sneakers Increased Soft Bottom Fitness Breathable Breathable Trainers Wear-Resistant Non-Slip Lightweight... Parent B07GN6S8D1 318dc66 - 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.”

Juleya Women's Dance Wear-Resistant Fitness Sneakers Increased Soft Bottom Fitness Breathable Breathable Trainers Wear-Resistant Non-Slip Lightweight... Parent B07GN6S8D1 318dc66

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 *

adidas Sunlina W F38015 Womens Sneakers/Sleeks/Ballerinas Orange Parent B00INIPB4GYukun High heels Women'S Single Shoes Autumn High Heel A Pedal Ladies Single Shoes Bohemian Pointed Shallow Mouth... Parent B07HJ7G6H7RTRY Women'S Sandals Comfort Cashmere Summer Casual Walking Split Joint Low Heel Khaki Black 2In-2 3/4In Parent B075MDGRM5Hummel Cross Court White leather sneakers Size:39 Parent B01M1XPJ8J , J Slides Women's Parker Fashion Sneaker Parent B01IPZRR1Q , PREMIATA Women's MCGLCAS000004053I Black/Green Fabric Hi Top Sneakers Parent B07HGH6GJQAtlantic Stars Women's VEGANZB10N Black Sequins Sneakers Parent B07HGHDTY3 , Cesare P. Di Paciotti ZW01 CAMOSCIO ROSA Sneakers Woman Parent B071PB7Q7SPinko Women's MCBI242214O Black Leather Sneakers Parent B07B78TYG5Phillipe Model Women's Trainers Blue Parent B07CXZRCWJNira Rubens Sneaker NIST32 Stella Nuvola/Velvet Quartz Parent B07HN6S5K6Lotto - Autograph Suede Metallic Crackle Red - Sneakers Women Parent B01JA9M482Giuseppe Zanotti Design Women's RW80031001 Black Fabric Slip On Sneakers Parent B07GMB1VHYXXW0YO0R180F61B999 Tod's Sneakers Women Leather Black Parent B06WP8X7RR , Diadora Heritage Women's MCBI094052O White Suede Sneakers Parent B07B892XVW , J Slides Women's Acer Sneaker Parent B07CP3DPXM , Grunland SC3907 Call Scarpa Donna P./S. Parent B07GNLYP4ZWXMDDN Female Latin dance shoes adult black dance shoes 3.5cm soft soles indoor dance shoes modern dance shoes Parent B077DVM164Pump/Ankle-Strap/Women’s Heels/Closed Toe/American and European paint off of the spring and autumn big yards women... Parent B07BJ7CH3Y , Donyyyy Big size women's shoes_2018 new ballet dancing shoes, children's shoes, training shoes, small code, girls... Parent B07D9GRWTZ , Tretorn Women's RAWLINS2 Sneaker, Yellow, 5.5 M US Parent B07C94H88RRTRY Women'S Heels Formal Shoes Suede Fall Party &Amp; Evening Dress Walking Stiletto Heel Khaki Gray Black 2In... Parent B074SHQTTBJING Female heel shoes Autumn and winter comfortable square with size code low boots women's boots Parent B07HKMCW8D , Vans Shoes U Dillon ca Black UK 12 (US 7.5) Parent B017XXGZ4G , Golden Goose Women's G33WS127I8 White Leather Sneakers Parent B07HGJGRZ3RTRY Women'S Shoes Pu Winter Comfort Fashion Boots Boots Chunky Heel Round Toe Gore For Casual Black Parent B0784T2DJ9 , HBDLH Scarpe da donna/Fine With Cool Slippers Middle And Bow Fashionable 7Cm High Heeled Women'S Shoes Anti Slip... Parent B07G88K6HT , Nine West Women’s Sharolotta Leather Sneaker Parent B01NBHR9OC , Philippe Model Women's TRLDX004 Pink Suede Sneakers Parent B07HCVXR9S

Time limit is exhausted. Please reload CAPTCHA.

Juleya Women's Dance Wear-Resistant Fitness Sneakers Increased Soft Bottom Fitness Breathable Breathable Trainers Wear-Resistant Non-Slip Lightweight... Parent B07GN6S8D1 318dc66 - salonsevendallas.com