Womens Crossover Ladies 30208 Semi Formal Crossover Strap Semi Backstrap Evening Wedge Comfort Everyday Sandals B07GBZHB5R Parent f1d14a6 - 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.”

Womens Crossover Ladies 30208 Semi Formal Crossover Strap Semi Backstrap Evening Wedge Comfort Everyday Sandals B07GBZHB5R Parent f1d14a6

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 *

Ladies PDQ Toggle & Touch Fastening Sports Trail Sandals B00HAKVIYK Parent , Michele X – 7904 Red Studded Ankle Buckles PVC Clear 6 inch Stiletto Heel Platform B00IZBLXCK ParentESSEX GLAM Womens Diamante Ankle Strap Heels Ladies Sparkly Stiletto Peeptoe Party Sandals B0721XLS91 ParentCarolbar Women's Solid Color Platform Fashion Buckle High Heel Sandals B01D9RZHVM Parent , Coolcept Women Elegant Ankle Strap Court Shoes B07BDJWWT5 ParentExtra Wide Sandals Womens Summer Lightweight Beach Holiday Trainers EEE Fitting B01NHA2JIK ParentZOEREA Lady Sandals T-Strap Bohemia Women Beach Dress Style Shoe Summer Holiday B0714LQ8WN ParentLilley & Skinner Womens Navy Wedge Sandal B07CM7W9C1 ParentAjvani Womens Ladies Low mid Block Heel Strappy Diamante Party Evening Sandals Shoes B07BQX5M9C Parent , Chums Ladies Womens Easy Fit Adjustable Touch Fasten Shoes B01KM7LGVC ParentODEMA Women's Open Toe Ankle-Wrap Gladiator Sandals with Back Zipper B01JR8KE38 ParentCarolbar Women's Chic Sequins Wedge Peep Toe Dress Sandals B07DFYT2D8 Parent , Carolbar Women's Chic Sequins Dress Mules Sandals B07DG1X6PM ParentSpylovebuy MIYAA Women's Platform Espadrille Wedge Heel Sandals Shoes B07GBFFDG6 Parent , Ladies Womens Flatform Low Medium Heel Platform Wedges Shoes Peeptoe Wedge Sandals Size Size 3-8 New B00DY5PKOY Parent , Puma Women’s Slide WNS Ep Platform Sandals B077MQD3ZF Parent , Ladies Fabs Patent Faux Leather Peep Toe Sling Back T Bar Wood Effect Mid Block Heel Sandals Shoes Size 3-8 B07CZF8Z22 Parent , Loud Look Womens Mid Heel Peeptoe Shoes Party Ladies Bridesmaid Wedding Bride Sandals Size 3-8 B07F73ZZ6V Parent , BATA Women’s 561272 Platform Sandals B078K6KGCL ParentWomens Flat Sandals Slingback Ladies Diamante Dress Strappy Toe Post Shoes Size B07C5W8X69 Parent , ESSEX GLAM Womens Diamante Flat Strappy Slider Ladies Sparkly Slip On Sandals Size 3-8 B079ZW48DD Parent , Carolbar Women's Elegant Peep Toe Slingback Sandals B07C96WNJ9 Parent , TAOFFEN Women Fashion Party Sandals High Heel B07DQKHBWN ParentDorothy Perkins Women’s Navy Closed Toe Sandals B07BFTQ3J6 Parent , Savannah Womens/Ladies Back Zip Metallic Gladiator Sandals B071LBYGBB Parent , ESSEX GLAM Womens Espadrilles Wedge Platform Heel Ladies Peep Toe Summer Sandals Size 3-8 B07DL6VHRH Parent , Women Ladies Flower Accented Comfort Walking Shoes Open Toe T-Bar Back Strap Cushioned Insole Wedge Espadrille... B07D9JJ7PG ParentWear & Walk UK Women Ladies Evening Wedding Party Prom Bridal Slip-On Wedge Heel Diamante Sandal Shoes Size B07FQTLFM2 ParentTinsel 0037 New Ladies Sparkly Party Prom Sling Back Open Toe Glitter Sandals B07CL39Y2N Parent

Time limit is exhausted. Please reload CAPTCHA.

Womens Crossover Ladies 30208 Semi Formal Crossover Strap Semi Backstrap Evening Wedge Comfort Everyday Sandals B07GBZHB5R Parent f1d14a6 - salonsevendallas.com