AIKAKA Women's Shoes Women's Spring Summer Suede fine Parent with Sandals high-Heeled Sandals B07FJMC84S Parent d3f4465 - 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.”

AIKAKA Women's Shoes Women's Spring Summer Suede fine Parent with Sandals high-Heeled Sandals B07FJMC84S Parent d3f4465

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 *

IANGL High Heels Women's Shoes High-Heeled Shoes Women's Singles Buckles Sandals and Women's Shoes. B07FQF2CL7 Parent , FENGT Summer Ribbon Strap Stiletto Super High Heel Women's Shoes B07FQLY5J6 ParentQianliuk Women Casual Sandals Summer Platform High Heels Shoes Ankle Strap Ladies Sandals B07FQTTS5X Parent , Popoye Women's Summer Peep-Toe Chunky High Heels Sandals Rivet Slippers Square Shoes with Transparent Upper B07FR4ZG92 ParentHigh Heels Sandals Women's Suede Hollow High Heels Thick with A Single Pin Low Pointed Shoes and A Pair of Shoes. B07FS45RP7 Parent , Qianliuk Women Sandals Shoes Summer Comfortable Wedge Heels Shoes for Girls B07FS5SFR5 ParentQianliuk Women Heeled Sandals Ankle Strap Pumps Square Heels Lady Shoes B07FS6MS5Z ParentIANGL High Heels Summer Leather Muffin Sandals Women's Words with Slope and Sandals Bohemia Thick Bottom High... B07FSG6JSR ParentWomen's Summer Wedge Shoes Large Size Sandals B07FSJ2JW5 ParentIANGL High Heels Sandals Women's Summer Shallow Pointed Thick High Heel Shoes Single Buckled Single Shoes. B07FSJMHSG Parent , IANGL High Heels Women with Coarse Sandals and Women's Shoes in Summer. B07FSK56WT Parent , High Heels Pink Rome Sandals Women's Shoes with A Pair of High Heels in Summer. B07FSKFZ4Y Parent , High Heels Lady Sandals Wear High Heel Shoes in Summer with A Single Buckle. B07FSKV4LR Parent , IANGL High Heels Summer Buckles High Heel Shoes Ladies' Thick and Transparent Toe Sandals. B07FSM2K26 ParentHigh Heels Black Sandals Women's Summer Rough Heels with High-Heeled Shoes Simple Ties with Rome Shoes. B07FSMC64J Parent , High Heels Sandals Summer Rough with Square Head Cross Ties Sexy High Heel Rome Shoes B07FSMDXGQ ParentIANGL High Heels Pointed Shoes with High Heels Buckles Hollow Shoes Thick Sandals and Sandals. B07FSP1LLG Parent , High Heels Pink Summer Coarse with Women's Shoes with A Pair of High-Profile Sandals. B07FSQNWQ5 Parent , High Heels Baotou Sandals Ladies with A Pair of High-Profile Shoes. B07FSQYNMX Parent , IANGL High Heels Silver Sandals Buckles Middle Heels Sandals Hollow Pointed Shoes Thin Heels and High Heels. B07FSQYNNL Parent , Women's Low-Heeled Single Shoes Square Head Shallow Mouth Leisure Retro Thick Heel Leather Shoes B07FSSNZ94 ParentK&GQ sandals Women's High Heels Ladies Single Shoes Artificial PU Stiletto Heels Pointed Shallow Mouth Buckle... B07FZ7RK8F Parent , IANGL High Heels Summer Fine and High Heeled Fashion Sandals Buckles Fish Mouth Toes Women's Sandals Hollow Rome... B07FTK6LFH ParentHigh Heels Sandals Ladies' Summer Sharp High Heel Buckles Middle Heeled Women's Shoes. B07FTTJWBC ParentIANGL High Heels Lady Sandals Summer Casual Shallow Pointed Baotou Buckles Rome Shoes and High Heels. B07FTK95HV ParentLINYI Womens Roman Style Zipper Sandals High Boots Summer Shoes Party Shoes B07FZ856PG Parent , IANGL High Heels Sandals Women's Summer Heel and Toe Shoes. B07FTKJXCS Parent , High Heels A Pair of Buckles High Heels Sandals Fish and Small Shoes. B07FTPNF7W Parent , IANGL High Heels The Pointed High Heels are Closely Tied to The Shoes of Baotou and Women's Shoes. B07FTKXQ4K Parent ,

Time limit is exhausted. Please reload CAPTCHA.

AIKAKA Women's Shoes Women's Spring Summer Suede fine Parent with Sandals high-Heeled Sandals B07FJMC84S Parent d3f4465 - salonsevendallas.com