AgooLar Women's Studded Sequins Low-Heels Elastic Elastic Low-Heels Open-Toe Sandals nhta-30288 B07GP47PZN Parent 07d2ace - 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.”

AgooLar Women's Studded Sequins Low-Heels Elastic Elastic Low-Heels Open-Toe Sandals nhta-30288 B07GP47PZN Parent 07d2ace

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 *

AgooLar Women's Solid Low-Heels PU Open-Toe Buckle Sandals B07GQNB6W1 ParentAgooLar Women's Open-Toe Low-Heels PU Solid Pull-On Sandals B07GQNKG81 Parent , AgooLar Women's Hook-and-Loop PU Peep-Toe Kitten-Heels Solid Sandals B07GQMT722 ParentAllhqfashion Women's Pu Low-Heels Open-Toe Solid Buckle Sandals, FBULD015054 B07GQR19CB ParentAgooLar Women's Low-Heels PU Solid Buckle Open Toe Sandals B07GRGMBX8 ParentAllhqfashion Women's Buckle Frosted Open-Toe Kitten-Heels Solid Sandals, Black, 35 B07GQVC3VV ParentAgooLar Women's Solid PU Low-Heels Split-Toe Elastic Sandals B07GQN3B7F ParentAgooLar Women's High-Heels Soft Material Solid Buckle Peep-Toe Sandals B07GQNBK5Q ParentAgooLar Women's Frosted Closed Toe Kitten-Heels Solid Sandals B07GQZ7JYF Parent , AgooLar Women's Soft Material Pull-On Open-Toe High-Heels Solid Sandals B07GQNRLVD ParentJRenok Women Sandals Pumps Fashion Female Sandals Rivet Metal Decoration Leather Women high Heels B07GQRY1PP ParentAgooLar Women's High-Heels Solid Hook-and-Loop Pu Open-Toe Sandals, GMDLB015096 B07GQRR8N1 ParentAN Womens Hollow Out Chunky Heels Square Heels Urethane Sandals DGU00538 B07GSP4G3X ParentAllhqfashion Women's Solid Patent Leather Low-Heels Open-Toe Zipper Sandals B07GQNKGT5 ParentDown To Earth Theron Ladies Buckle Up Wedge Sandals Black B07GQZH52Z ParentBeiaMina Women Fashion Ankle Strap Sandals High Heels B07GR7KHGD ParentAgooLar Women's Solid PU Low-Heels Open-Toe Elastic Sandals B07GQN84CB Parent , Allhqfashion Women's Closed Toe Low-Heels PU Solid Buckle Sandals B07GR3NQBL Parent , BeiaMina Women Sweet Cone Heels Sandals B07GR9KQ1K Parent , AgooLar Women's PU Open-Toe High-Heels Buckle Solid Sandals, GMDLA012904 B07GRGMC8V ParentBeiaMina Women Sweet Cone Heels Sandals Floral B07GR76ZDJ ParentAgooLar Women's Buckle Low-Heels Frosted Solid Open-Toe Sandals, GMDLB015163 B07GRGSZKB Parent , Allhqfashion Women's Solid PU Low-Heels Buckle Open-Toe Sandals, FBULD013800 B07GRGT1C6 ParentAimint Womens Zipper Spikes Stilettos Peep-Toe Microfiber Heeled Sandals EYR00275 B07GRQY95Q ParentAgooLar Women's Split Toe Low-Heels PU Solid Buckle Sandals B07GRGMC4P Parent , Ladies Black Cleated Platforms Mesh Insert Strappy Sandals Peep Toes B07GS8SGWT ParentAllhqfashion Women's Pu Buckle Open-Toe Low-Heels Solid Sandals, FBULD014463 B07GRGMCG4 Parent , AN Womens Hollow Out Spikes Stilettos Pointed-Toe Imitated Suede Sandals DGU00539 B07GSN74NK ParentSpot On Ladies Chunky Heel Sandals B07GSDP66C Parent ,

Time limit is exhausted. Please reload CAPTCHA.

AgooLar Women's Studded Sequins Low-Heels Elastic Elastic Low-Heels Open-Toe Sandals nhta-30288 B07GP47PZN Parent 07d2ace - salonsevendallas.com