Best 4U Women's Shoes Women's Stretch Satin Parent Summer 7184 Basic Pump Wedding Shoes Stiletto Heel Peep Toe Crystal Pearl for... B07B2JKBCP Parent 0a6ca5d - 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.”

Best 4U Women's Shoes Women's Stretch Satin Parent Summer 7184 Basic Pump Wedding Shoes Stiletto Heel Peep Toe Crystal Pearl for... B07B2JKBCP Parent 0a6ca5d

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 *

AJUNR New/Fashion/Work/Ladies Slotted fasteners coarse with the dew of peace-keeping operations wild Red 8cm high-heel... B07D47NKFT ParentAJUNR New/Fashion/Work/Ladies The yarn bow tie with a cat slotted Baotou tips fine with 6cm high-heel shoes Outdoor... B07D47QYNK ParentAJUNR New/Fashion/Work/Ladies Slippers Baotou heavy with the tip white 5cm high-heel shoes Outdoor Female Sandals B07D47RPWR Parent , AJUNR New/Fashion/Work/Ladies Slotted tie with bold hollow tip exposed off-white 6cm high-heel shoes Outdoor Female... B07D47X819 ParentAJUNR New/Fashion/Work/Ladies wild slotted slippers with the dew of peace-keeping operations apricot 7cm high-heel... B07D47Y4BS ParentAJUNR New/Fashion/Work/Ladies Sponge cake shoes women shoes comfortable with the dew of peace-keeping operations... B07D47ZCRB Parent , AJUNR New/Fashion/Work/Ladies Women shoes Pinyin party head slippers with bold stylish gray 5cm high-heel shoes... B07D482YH4 Parent , AJUNR New/Fashion/Work/Ladies Women shoes sexy point to point light wild black 4cm high-heel shoes Outdoor Female... B07D482ZPP Parent , AJUNR New/Fashion/Work/Ladies strap buckle Blue 5cm high-heel shoes Outdoor Female Sandals B07D48342Z Parent , AJUNR New/Fashion/Work/Ladies The dew of peace-keeping operations with bold front tie strap package with beige... B07D484LR6 Parent , AJUNR New/Fashion/Work/Ladies Women shoes leisure slippers thick sponge cake with white 3cm with slope Outdoor... B07D48598N ParentAJUNR New/Fashion/Work/Ladies Women shoes casual and elegant slippers white 6cm high-heel shoes Outdoor Female... B07D485XXC Parent , AJUNR New/Fashion/Work/Ladies Women shoes matte stylish comfortable and versatile slippers tip pink 6cm high-heel... B07D4863VK Parent , AJUNR New/Fashion/Work/Ladies Women's shoes slippers fish nose thick with silver 7cm high-heel shoes Outdoor Female... B07D487RWG Parent , AJUNR New/Fashion/Work/Ladies The fine and slippers light white comfortable and soft and 5cm high-heel shoes Outdoor... B07D4894RG Parent , AJUNR New/Fashion/Work/Ladies Women shoes paste the color style and versatile tip slippers bare-color 5cm high-heel... B07D48877Q ParentAJUNR New/Fashion/Work/Ladies Bow Tie women shoes with bold slotted pink 5cm high-heel shoes Outdoor Female Sandals B07D487Y81 Parent , AJUNR New/Fashion/Work/Ladies Women shoes tips and versatile with bold gray slippers 6cm high-heel shoes Outdoor... B07D488DND ParentAJUNR New/Fashion/Work/Ladies Women shoes tips broken down by the butt-color style and versatile professional... B07D489BJM Parent , AJUNR New/Fashion/Work/Ladies Slim and stylish the tip the yarn slotted fasteners dot slippers pink 7cm high-heel... B07D488M96 Parent , AJUNR New/Fashion/Work/Ladies Waterproof nightclubs women shoes the dew of peace-keeping operations and versatile... B07D4889NT ParentAJUNR New/Fashion/Work/Ladies Tips for women shoes the commute fine with silver 8cm high-heel shoes Outdoor Female... B07D4899CH ParentAJUNR New/Fashion/Work/Ladies Stylish women shoes broken down by the paint peels fish career black high-heeled... B07D488DNF ParentAJUNR New/Fashion/Work/Ladies Women shoes simplicity bow tie lady slotted flat with the pink slippers Outdoor... B07D489CWR Parent , AJUNR New/Fashion/Work/Ladies Water drill transparent with small sexy dew-toe Black 9cm high-heel shoes Outdoor... B07D489KNY Parent , AJUNR New/Fashion/Work/Ladies Women shoes exposed slippers fish water table Black 10cm high heels Outdoor Female... B07D489MMR ParentAJUNR New/Fashion/Work/Ladies Fine with the paint peels fish single shoes professional white light 12cm high-heel... B07D48B4YB Parent , AJUNR New/Fashion/Work/Ladies Stylish tip black broken down by the women's shoes 8cm high-heel shoes Outdoor Female... B07D48B4T3 Parent , AJUNR New/Fashion/Work/Ladies Single shoes wild party head black light 5cm high-heel shoes Outdoor Female Sandals B07D48CQL9 Parent

Time limit is exhausted. Please reload CAPTCHA.

Best 4U Women's Shoes Women's Stretch Satin Parent Summer 7184 Basic Pump Wedding Shoes Stiletto Heel Peep Toe Crystal Pearl for... B07B2JKBCP Parent 0a6ca5d - salonsevendallas.com