ZQ@QXChristmas and gift Europe and B077C4G7SK the United States 30212 Code with low elastic cloth over the knee boots Suede Boots B077C4G7SK Parent d22dea7 - 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.”

ZQ@QXChristmas and gift Europe and B077C4G7SK the United States 30212 Code with low elastic cloth over the knee boots Suede Boots B077C4G7SK Parent d22dea7

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 *

FLYRCX Autumn winter retro pointed slope and boots with warm heels B0785G7YZL ParentFLYRCX Women's rough heel waterproof platform leather boots simple personality and high heels B0785FZ7G5 Parent , KHSKX-Wedge Heel Female Spring Leather Wedge Boot 12Cm Ultra Thick High-Heeled Bottom Waterproof Boot All-Match... B0785NX3Z9 ParentMen's/Women's Diadora Unisex-Adult Camaro mm B0785L2WH4 Parent durability special promotion Various , KHSKX-New Korean Version Of Rough Heel High Heel Elastic Feet Bare Boots Short Boots Single Martin Boots Woman B0785P184T Parent , HXVU56546 Winter Women'S New Plus Velvet Thick Martin Boots Retro Boots Student Tie Spell Color Boots B0785QDYT2 Parent , HXVU56546 New Winter Women'S Boots In The Thick Warm Thick Cotton Boots Large Boots With Martin Boots B0785RZYS8 Parent , KPHY-Female College Contracted Wind Winter Boots Thick With All-Match In Boots Retro Square With Warm Cotton Leather... B07867P58Y ParentKHSKX-With 8Cm Thick Brown High-Heeled Boots Chelsea Boots Winter New Round Head Belt Buckle Elasticated Sleeve... B0789BFWZ4 ParentSFSYDDY-Autumn Women'S New Winter Boots Fine Heel High Heel Sharp English Wind Side Zipper Belt Buckle Short Boots... B07868PD6X Parent , KHSKX-Stylish Video Thin Air Retro Party Head High-Heeled Boots Thick With Martin Boots Black 9Cm Wild Bare Boots... B0789BHZV3 ParentKHSKX-The Korean Edition Matte Gray Short Boots Women During The Spring And Autumn Seasons New Tip Flat Bottom... B0789BGMD7 Parent , KHSKX-Sweet Bow Tie Pointed Boots Winter New Satin Side Zipper Detail With 9Cm High-Heeled Black Boots Naked Boots... B0789BN562 Parent , KHSKX-Green 7Cm Korean Version Of The Thick With Martin Boots Winter New Tip Satin Rivets Belt Clip Side Zip High-Heeled... B0789BJ5RL Parent , KHSKX-Brown 8Cm Matte Leather Boots Winter New Korean Version Of The Round Head Side Zip Rivets Thick With High-Heeled... B0789BN56S ParentKHSKX-Black 8.5Cm Strap Boots Winter New Korean Version Of The Thick With A Square Satin Side Zip Women High-Heeled... B0789BTWWH ParentKHSKX-The Splice Broken Down By 9.5Cm High-Heeled Boots Winter New Gray Tip Satin Stitching Waterproof Taiwan... B0789BV7QH Parent , KHSKX-The Slope Of The Increase With Thick Boots Black 9Cm Warm Boots High-Heeled Boots Wild Winter New Martin... B0789C18W7 Parent , KHSKX-The Green Martin Boots Winter New Round Head Waterproof Console Side Zippers Heavy With 10Cm High-Heeled... B0789C34ZR ParentKHSKX-Brown 7.5Cm Sexy Small-Format Threaded Tip Fine With Short Boots New Winter Plus Velvet High-Heeled Boots... B0789C37JL ParentKHSKX-The Korean Version Of The Brown 9.5Cm Rivets Martin Boots Winter New Tip Zip With Bold And Ultra-High With... B0789C3DP6 Parent , KHSKX-The Korean Version Of The Thick Brown With Ultra-High With 11Cm Short Boots Autumn And Winter The New Round... B0789C3FNZ Parent , KHSKX-Black Winter New Round Head Girl Boots And Waterproof Zipper Decorated With Fine And High-Heeled Side Zipper... B0789C5KGQ ParentKHSKX-Green 7Cm Bow Tie High-Heeled Boots Women New Winter Wild Fine Tip With The Lint-Free Cotton Boots B0789CCFBX Parent , KHSKX-Black 8Cm Sweet Bow Tie High-Heeled Boots Winter New Tip Satin Fine With A Combination Of Fine Ladies Boot... B0789C6JDP ParentKHSKX-Brown Sexy High-Heeled Boots Winter New Tip Satin. Round Hole Rivets Fine With Female Boots Martin Boots... B0789CHSDJ ParentKHSKX-Bold Black With Short Boots Winter New Korean Version Of The 8.5Cm Tip Satin Chain And Decorated With Side... B0789CR412 Parent , KHSKX-Black 11.5Cm Thick With Ultra-High With Short Boots And Bare Boots Autumn And Winter New Korean Version... B0789D4JWL ParentKHSKX-The Green Of The Korean Version Of The 7.5Cm Thick And Short Boots Winter New Comfortable Round Head Water... B0789G1J3L Parent

Time limit is exhausted. Please reload CAPTCHA.

ZQ@QXChristmas and gift Europe and B077C4G7SK the United States 30212 Code with low elastic cloth over the knee boots Suede Boots B077C4G7SK Parent d22dea7 - salonsevendallas.com