Singh s. Madan Womens Peeptoe Court Shoes Madan Court s. B0054DME20 Parent 1a01ad2 - 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.”

Singh s. Madan Womens Peeptoe Court Shoes Madan Court s. B0054DME20 Parent 1a01ad2

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 *

Angkorly Women's Fashion Shoes Pump Court Shoes Sandals - Stiletto - Sexy - Fancy/Chic - Knot - Node Stiletto... B06XSNM9RS Parent , By Shoes Women's Fashion Court B073WYBFMT ParentMr/Ms Sconosciuto Women's 6162 French B0722DB4G7 Parent Best-selling worldwide Stylish and charming Elegant and stable packaging , Angkorly - Women's Fashion Shoes Pump Court shoes - stiletto - decollete - jewelry Stiletto high heel 10 CM B074KM5FFM ParentAngkorly - Women's Fashion Shoes Pump Court shoes - stiletto - studded Stiletto high heel 10.5 CM B074KLYY6N ParentAngkorly Women's Fashion Shoes Pump Court Shoes - Stiletto - Decollete - Sexy - Pearl - Jewelry Stiletto High... B0757462JG Parent , Gentlemen/Ladies MForshop Women's Court Shoes B076R1NGLS Parent Queensland Known for its good quality German OutletsBy Shoes - Women's Fashion Court Shoes B076DFH1LC ParentBy Shoes Women's Fashion Court Shoes B077XD5ZQX ParentJIEEME Ladies Fashion Stiletto Black Pink Platform women pumps Sexy Round toe Party Women court shoes B077Q9JT1T Parent , Angkorly Women's Fashion Shoes Pump Court Shoes - Decollete - Open-Back - Bi Material - Ruffle - Buckle - Thong... B0791KKZTS ParentAngkorly - Women's Fashion Shoes Pump Court shoes - stiletto - decollete - studded Stiletto high heel 10 CM B074KMCP4J Parent , Man/Woman King Shoes Women's Peep-Toe B07BTZ7R8F Parent Crazy price, Birmingham Beautiful Excellent workmanshipWomens Flower Bridal Court Shoes Heeled Peep Toe Slip On Wedding Dress Pumps Bride Party Prom 5623-11 B07H5H5TP9 Parent , JIA JIA Women's Bridal Shoes Peep Toe Mid Heel Satin Pumps Ribbon Tie Wedding Shoes B077YQQ7N5 Parent , Angkorly Women's Fashion Shoes Pump Court Shoes - Stiletto - Sexy - Evening - Glitter Stiletto high Heel 10 cm B01KGLKMLO ParentAngkorly Women's Fashion Shoes Pump Court Shoes - Stiletto - Open-Back - Mary Jane - Rhinestone - Jewelry - Metallic... B079K5M3XT ParentSexy Lady's Cute Luxury Bow Pump Shoe V1006 B011IS9E3G ParentAIYOUMEI Womens High Heel Platform Ankle Strap Closed Toe Court Shoes Bow Knot Pumps B07BDKFDJP Parent , Rainbow Club / Else Women's Court Shoes Off-White Ivory Elfenbein Off-White 8 UK B01970P0H6 Parent , Rainbow Club / Else Women's Court Shoes Ivory Cremetönen Elfenbein Off-White 7 UK B01970LCUA Parent , King Of Shoes Women’s Platform B079QW626L Parent , King Shoes Women’s Hi-Top Slippers B01EBBDNO8 ParentAngkorly Women's Fashion Shoes Pump Court Shoes Sandals - Stiletto - Ankle Strap - Patent - Multi Straps Stiletto... B07B3WPRJ3 Parent , Angkorly Women's Fashion Shoes Pump Court Shoes Sandals - Stiletto - High - Ankle Strap - Rhinestone - Multi Straps... B079T5Z1XG ParentMan/Woman King Shoes Women’s Closed B07B51X3XZ Parent sell Let our goods go to the world Shopping promotionAngkorly Women's Fashion Shoes Pump Court Shoes - Slip-on - Decollete - Patent - Transparent - Color Gradient... B079TBLWPK ParentAngkorly Women's Fashion Shoes Pump Court Shoes - Slip-On - Peep-Toe - Decollete - Patent Stiletto High Heel 10.5 cm B07BLNCCTZ ParentEmily Bridal Ivory Wedding Shoes High Heel Peep Pumps Platform Pleated Slip-on Bridal Shoes B07C4KRRCT Parent

Time limit is exhausted. Please reload CAPTCHA.

Singh s. Madan Womens Peeptoe Court Shoes Madan Court s. B0054DME20 Parent 1a01ad2 - salonsevendallas.com