YUCH Bottomed Lady's Cold Boots Flat Bottomed Hollow Hollow Toe Flat Crossed Straps Sandals B07DLBTDX5 Parent c1ed58e - 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.”

YUCH Bottomed Lady's Cold Boots Flat Bottomed Hollow Hollow Toe Flat Crossed Straps Sandals B07DLBTDX5 Parent c1ed58e

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 *

JOJONUNU Women Peep Toe Party Sandals B07DN7DMGL Parent , BalaMasa Womens Sandals Solid Smooth Leather Road Urethane Sandals ASL04456 B07DLMSPPY ParentAN Womens Sandals Studded Peep-Toe Urethane Sandals DIU00685 B07DN8NKJW Parentxiao123 Sponge Cake with Slippers Female Summer Cool and Thick Outer wear Black Fashion Simple Harajuku Style... B07DLM47BV ParentAN Womens Sandals Peep-Toe Mid-Heel Urethane Sandals DIU00692 B07DN7TP6J ParentBalaMasa Womens Sandals Solid Huarache Urethane Sandals ASL04464 B07DLN35FJ Parent , CUTEHEELS Sandals with High Heel and Thick Platform Fashion Sandals with Large Size Available B07DNBQ9WZ Parent , BalaMasa Womens Sandals Peep-Toe Huarache Smooth Leather Cold Lining Urethane Sandals ASL04455 B07DLMTD9R Parent , DecoStain Women's Concise Square Toe Rhinestone Decoration Slingbacks Buckle Strap Low Square Heel Working School... B07DN7P8CS Parent , BalaMasa Womens Sandals Solid Huarache Rubber Heeled Urethane Sandals ASL04460 B07DLMV18P Parent , CHICMARK Women Sandals with High Heel and Thick Platform Sexy Sandals with Large Size Available B07DNBM6LF ParentRuanlei@Summer Sandals/Beach Sandals for Women/Flat Sandals/Sandals Pearls/Wedge Dress SandalsFlowers water drilling... B07DLMGS3Z ParentAN Womens Sandals Peep-Toe Smooth Leather Urethane Sandals DIU00691 B07DN7TP6H Parent , YUCH Ladies Sandals Comfortable Bottom Comfortable Flat Bottomed Boots Summer B07DLMSSFG ParentCocey Sandals with Chunky Heel and Cute Bowtie for Fashion Women B07DN8D4V9 Parent , Ruanlei@Summer Sandals/Beach Sandals for Women/Flat Sandals/Sandals Pearls/Wedge Dress SandalsA simple flat slotted... B07DLMGJV1 ParentMo Joc Sandals with Stiletto and Thick Platform Sexy Dressy Sandals with Large Size Available B07DN8MP1X Parent , xiao123 Square Root Slippers Girl in The Summer and Cold on The Outside and White Fashion Simple Harajuku Style... B07DLM5DBH Parent , xiao123 in The Summer with The Female Fish Nozzle tip for Simple Black Fashion Simple Harajuku Style Small Fresh... B07DLMJ4JM Parent , Ruanlei@Summer Sandals/Beach Sandals for Women/Flat Sandals/Sandals Pearls/Wedge Dress SandalsMetal Large, comfortable B07DLMT65R ParentAN Womens Sandals Studded Cold Lining Huarache Urethane Sandals DIU00689 B07DN8QRVX Parent , AdeeSu Womens Sandals Peep-Toe Buckle Heeled Leather-and-Synthetic Huarache Treaded-Sole Hiking Smooth Leather... B07DLMZZ39 ParentCHICMARK Fashion Sandals with High Heel and Thick Platform Sexy Sandals with Large Size Available B07DNCGR8Y Parent , BalaMasa Womens Flats-Sandals Peep-Toe No-Closure Herringbone Urethane Flats Sandals ASL04457 B07DLMTZ11 Parent , Heeled Sandals Women Platform Ankle Strap High Heel Pumps Round Toe Wedding Party Tassels Shoes B07DNC2JD6 Parent , AN Womens Sandals High-Heel Cold Lining Urethane Sandals DIU00650 B07DLNQVQQ Parent , BalaMasa Womens Sandals Closed-Toe Cold Lining Urethane Sandals ASL04463 B07DLNNT6B ParentCUTEHEELS Women Sandals with High Heel and Thick Platform Sexy Sandals with Large Size Available B07DNFTK8G Parent , AN Womens Sandals Peep-Toe Light-Weight Urethane Sandals DIU00647 B07DLP2B6Q Parent ,

Time limit is exhausted. Please reload CAPTCHA.

YUCH Bottomed Lady's Cold Boots Flat Bottomed Hollow Hollow Toe Flat Crossed Straps Sandals B07DLBTDX5 Parent c1ed58e - salonsevendallas.com