Ababa S2 Berufsschuhe S2 Ababa Ababa Ababa 1600 B007XC6UFC Parent fa8f823 - 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.”

Ababa S2 Berufsschuhe S2 Ababa Ababa Ababa 1600 B007XC6UFC Parent fa8f823

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 *

Ejendals 1122-41 Size 41" Jalas Stella 1122" Safety Low Shoes - Black/Pink B01G7BUXFM Parent , Cofra 84260-004.D36 Size 36 S2 SRC"Gaja" Safety Shoes - Black B01G5UOBJO ParentCofra 78770-000.W37 Size 37 S1 ESD SRC"Lucius" Safety Shoes - White B01G9VYHQG ParentCofra 11150-000.D36 Size 36 S1 P SRC"Margaret" Safety Shoes - Blue B01G9VX0T6 Parent , Cofra 10240-000.W41 Size 41 O2 WR HRO SRC FO Officer Safety Shoes - Black B01GH2F3E2 ParentCofra 17040-001.W41 Size 41 S3 SRC"Menelik" Safety Shoes - Black B01G9XHIBK ParentGevavi NAT104380 Natulive Women's Garden Shoe SEBS, 5 & 6, Blue B01MU8WYDG Parent , Cofra 75530-005.W36 Size 36 S1 P SRC"New Samba" Safety Shoes - Blue B01GH2NK38 Parent , Himalayan Himalayan, Women’s Safety Shoes B00NFMM850 ParentDr Martens 8250 Classic Chelsea Boots Gaucho B00CM97W9E Parent , Vixen VX850 Jasmine S3 SRC Ladies Black Purple Composite Toe Cap Safety Trainers B07D4J2RZW Parent , Cofra FW120-000.W41 Size 41 S3 SRC"New Baffin" Safety Shoes - Black B01GJVDFCS Parent , Ejendals 3100-38 Size 38" Jalas 3100 Monza Grip Safety Sandals - Black/Grey/Yellow B00IKFBLV4 ParentLavoro LAV270-40 Sandy Safety Boots, Ladies, Size 40, Black (Pack of 2) B01N5JW2SR ParentHogan H254 Woman Sneaker Slip On Shoes Black Code HXW2540 X 690C9SB999 B0779JJD94 Parent , Oxypas Ultralite Cleo, Lightweight, Washable, Anti-Slip, Anti-Static Shoes Designed for Medical Professionals B019FOKMVS Parent , Cofra 84030-006.D37 Size 37 S2 SRC"Naike" Safety Shoes - Black B01GRIKX1Y ParentWomen's Suede Sandals Sexy High Heels Party Wedding Pumps Ladies Elegant Strap Pointed Toe Shoes B07CJ39QXL Parent , Gentleman/Lady Rieker L0555, Women’s Clogs B017MLZEFU Parent Promotion a good reputation in the world a lot of varietiesGentleman/Lady Abeba – Safety Shoes B007XPX0QQ Parent High security Settlement Price Strong heat and heat resistance , Safety Jogger Unisex Adults' Dakar Safety Shoes B01DF5D6X4 ParentCofra 84420-000.D37 Size 37 S2 SRC"Gilda" Safety Shoes - Black B01G9WBSIU Parent , Cofra 10013-000.W45 Size 45 S3 HRO SRC"Picket" Safety Shoes - Black B01GRY03TK ParentSafety Jogger Unisex-Adult Kronos Safety Shoes - EN safety certified B001QAADH8 Parent , Paredes LM418 MA39 Working shoes"Sonora" O1, Size 5.5, brown B01N4AT21F ParentDiadora Run High S3 Esd, Unisex Adults’ Work shoes, Black (Nero), 11.5 UK (46 EU) B00JWNKE7U ParentDiadora Run Esd Low S3, Unisex Adults’ Work shoes, Black (Nero), 13 UK (48 EU) B0185H414K Parent , Fitflop Women’s Shuv Leather Medical Professional Shoe B075PH4N6T ParentCofra 22060-000.W40 Size 40 S1 P SRC"Altimeter" Safety Shoes - Blue/Orange B01G1JU5AS Parent ,

Time limit is exhausted. Please reload CAPTCHA.

Ababa S2 Berufsschuhe S2 Ababa Ababa Ababa 1600 B007XC6UFC Parent fa8f823 - salonsevendallas.com