ShangYi Women's 30295 Shoes Synthetic/ Wedge Heel Open Wedge Toe Sandals Party & Evening/ Dress Pink/ Almond Parent B01FZJHVCU a884ea3 - 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.”

ShangYi Women's 30295 Shoes Synthetic/ Wedge Heel Open Wedge Toe Sandals Party & Evening/ Dress Pink/ Almond Parent B01FZJHVCU a884ea3

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 *

Juleya Shoes Womens Flat Sandals, Open Toe Flip-Flop Sandals, Plus Size Fashion Breathable Rhinestone Anti-Slip... Parent B07D3SKL2SZenzzle Cute Monsters Cats Pattern Women's Running Shoes Casual Lightweight Athletic Sneakers US Size 6-15 Parent B0785Z98QM , Mustang Women’s 1160-513-555 Hi-Top Trainers Parent B078Q3NZL9ShangYi Women's Shoes Heel Heels / Peep Toe Sandals / Heels Outdoor / Dress / Casual White / Silver / Gold/789 Parent B01FZJIO1WNero Giardini Sneaker Women Grey a616182d-105 – Black Gardens Parent B01M08PMH5 , Zenzzle Colored Triangle Print on Women's Running Shoes Casual Lightweight Athletic Sneakers US Size 6-15 Parent B0785ZRDQV , Puma Unisex Adults' Basket Classic Weatherproof Low-Top Sneakers Parent B0767KR9RP , Reebok Classic Face Womens Trainers Parent B01LVVJQLS , NIKE Women's W Air Huarache Run Ultra, LT Orewood Brown/Siren RED-SAIL Parent B071F88PJNLadies Black Graphite Glitter Character Stage Showtime Dance Shoes 2" Heel By Katz Dancewear Parent B017M772X6Diamant Women’s 109-087-379 Damen Tanzschuhe-Standard & Latein Ballroom Dance Shoes Parent B00I2YJNMC , Zenzzle Pink Strawberry Pattern Women's Running Shoes Casual Lightweight Athletic Sneakers US Size 6-15 Parent B07861DMKV , ZH Winter Cartoon Big Toe Warm Slippers Creative All Inclusive with Cotton Slippers,A,All code Parent B078K1R14J , MGM-Joymod Women's Ankle Strap Peep Toe Rhinestones Satin Salsa Tango Samba Rumba Ballroom Latin Modern Dance... Parent B07FJ6X3FKZHZNVX Women's Shoes Canvas Spring & Summer Comfort Sneakers Flat Heel Round Toe White/Black / Purple Parent B07H1DJTSQYFF Latin Dance Shoes High Heel for Ladies Girls Ballroom Tango Shoes 7CM Parent B075PCQ5PP , NGRDX&G The Network Of Women Sports Shoes, Shoe Breathable Parent B07DDK7N8GJanly® Fashion Shoes, Womans Vintage Floral Embroidery Sandals Summer Shoes Girls Super High Heel Wedges Rome... Parent B07CJN1Z82Kuako Men Women Running Shoes Air Trainers Fitness Casual Sports Walk Gym Jogging Athletic Sneakers Parent B07DQHY37PZenzzle Womens Running Shoes Dark Colored Abstract Pattern Print on for Ladies Outdoor Running Sneakers Parent B07CQZP5TR , Skechers Womens/Ladies SK23322 Microburst Under Wraps Sports Shoes/Trainers Parent B07CHXY5DYZenzzle Floral with Strawberry Pattern Women's Running Shoes Casual Lightweight Athletic Sneakers US Size 6-15 Parent B0785XZF7M , New Balance 713 Graphic Trainer, Women’s Fitness Shoes Parent B01N7ZAJ11 , Sneaker Women's Converse All Star Chuck Taylor Hi Trainers White White White Size: 3 UK Parent B07B3YQF42Sneaker Women's Trainers White White Parent B07B3ZCLQV , New Balance WL554 WL554BP Navy/Violet/White (3.5 UK) Parent B01LZD7L5MSuetar Women's Outdoor Sport Shoes Ladies Fashion Trekking Shoes All Season Lightweight and Non-Slip Outdoor Shoes Parent B07B9X5S7H , Sneakers Women Jamicy Fashion Breathable Comfortable Athletic Sport Shoes Sneakers Running Shoes Parent B07FMM8WYR , SHINIK Swimming Shoes New Sports Outdoor Non-slip Sandals Ultralight Barefoot Stickers Skin Soft Sneakers Parent B07CVNR1HY ,

Time limit is exhausted. Please reload CAPTCHA.

ShangYi Women's 30295 Shoes Synthetic/ Wedge Heel Open Wedge Toe Sandals Party & Evening/ Dress Pink/ Almond Parent B01FZJHVCU a884ea3 - salonsevendallas.com