Ipanema Maxi Fashion 30298 Ii Women’s Fem, Women’s 0 B01MXXHL0E Fashion Parent 8995acd - 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.”

Ipanema Maxi Fashion 30298 Ii Women’s Fem, Women’s 0 B01MXXHL0E Fashion Parent 8995acd

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 Sandals Pump Court Shoes - High - Open - Fancy/Chic - Rhinestone - Transparent... B07BLL3F2S ParentAngkorly Women's Fashion Shoes Sandals - Gladiator - Ankle Strap - Multi Straps - Studded - Metallic Block Heel... B07B3ZWPCD ParentAngkorly Women's Fashion Shoes Sandals - Ankle Strap - Gladiator - Buckle - Thong - Zip Block Heel 1.5 cm B07BLMJ3CS Parent , By Shoes Women's Fashion Sandals B07BH1YZ86 Parent , Angkorly Women's Fashion Shoes Sandals Pump Court Shoes - Stiletto - Ankle Strap - High - Fringe - Multi Straps... B07BLMT1K4 Parent , Angkorly Women's Fashion Shoes Sandals - Slip-On - Rhinestone - Shiny - Multi Straps Wedge 3 cm B07BLL7N52 Parent , KUONUO Women's Sandals Flats Fashion Summer Bohemia Beach Sandals Flip Flop Shoes B07C7F6H91 ParentAngkorly Women's Fashion Shoes Sandals Flip-Flops - Slip-on - t-Bar - Rhinestone - Pearl - Elastic Wedge 3 cm B07BLMQJ1Q Parent , Angkorly Women's Fashion Shoes Sandals - Ankle Strap - Slip-on - Crossed Thongs - Elastic - Shiny Block Heel 2.5 cm B07C8QJ9X3 ParentJIEEME Ladies Sexy Stiletto Mid Heels Buckle Strap Crystals Women Sandals Silver Gold Summer Women Shoes B07CPLNJNR Parent , Angkorly Women's Fashion Shoes Sandals - Platform - Ankle Strap - Pearl - Studded - Cord Wedge Platform 6 cm B07C8QSZBF ParentAngkorly Women's Fashion Shoes Sandals Mules - Ankle Strap - Slip-on - Jewelry - Fantasy - Crossed Thongs Wedge... B07C8QXH2L Parent , Angkorly Women's Fashion Shoes Mules Sandals - Slip-on - Platform - Pearl - Studded - Cord Wedge Platform 4 cm B07C7FVP8W Parent , W.S. Shoes Women's Fashion Sandals B07C9FFV9M ParentAngkorly Women's Fashion Shoes Sandals - Gladiator - t-Bar - Ankle Strap - Shiny - Patent - Thong Block Heel 1.5 cm B07CG8P2XJ ParentAngkorly Women's Fashion Shoes Espadrilles Sandals - Gladiator - Ankle Strap - Multi Straps - Cord Wedge Platform... B07CG88LFD Parent , Angkorly Women's Fashion Shoes Sandals - t-Bar - Ankle Strap - Thong Wedge 5 cm B07C8RDDZY Parent , QIMAOO Womens Ladies Sandals Peep Toe Shoes B07DD7P6KN Parent , Angkorly Women's Fashion Shoes Sandals Espadrilles - Platform - Ankle Strap - Perforated - Golden - Cord Block... B07BLJZTJZ ParentShoe Box Boutique 0103 New Ladies Glitter Party Prom Evening Dress Sandals Size 345678 B07G3LV1KW ParentAngkorly Women's Fashion Shoes Sandals Mules - Gladiator - Ankle Strap - Open - Studded - Shiny - Multi Straps... B079Y6M3K8 Parent , Shoe Box Boutique 0113 New Ladies Diamante Party Low Kitten Heel Strap Sandals 3-8 B07HB9X8W6 Parent , Angkorly Women's Fashion Shoes Flip-Flops Sandals - Slip-on - Platform - Pearl - Rhinestone - Bicolour Wedge Platform... B07CCGJKGS Parent , Angkorly Women's Fashion Shoes Sandals Mules - Platform - Open - Thong - Studded - Buckle Block High Heel 9.5 cm B06XYT793X Parent , Shoe Box Boutique 0101 New Ladies Diamante Low Kitten Heel Ankle Strap Sandals 3-8 B07HB941W1 Parent , Angkorly Women's Fashion Shoes Sandals Pump Court Shoes - Stiletto - Sexy - Fancy/Chic - Flowers - Rhinestone... B01MSD8BRU Parent , gracosy Women's Flat Sandals Summer Beach Shoes Bohemian Rhinestone Flip Flops Clip Toe Outdoor Casual Vacation... B07FD7GHG8 Parent , Angkorly Women's Fashion Shoes Sandals - Platform - Sneaker Sole - Snakeskin - Multi Straps Wedge Platform 6 cm B06W58Y897 ParentAngkorly Women's Fashion Shoes Sandals - Ankle Strap - Slip-On - Platform - Flowers - Rhinestone - Thong Wedge... B07BLNXZ6Q Parent

Time limit is exhausted. Please reload CAPTCHA.

Ipanema Maxi Fashion 30298 Ii Women’s Fem, Women’s 0 B01MXXHL0E Fashion Parent 8995acd - salonsevendallas.com