YL Women’s Slippers red red Size: Size: 7 YL UK B01GNTNEE0 Parent 4f48681 - 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.”

YL Women’s Slippers red red Size: Size: 7 YL UK B01GNTNEE0 Parent 4f48681

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 *

Kevin Fashion KF151038 Ladies Applique Flower Pleather Bridal Wedding Formal Party Pumps Shoes B01D0ZCY9Q Parent , Kevin Fashion KF151040 Ladies Beaded Stiletto Heel Pleather Bridal Wedding Party Evening Pumps Shoes B01D0ZDIC8 Parent , Kevin Fashion KF151041 Ladies Colorful Crystals Pleather Bridal Wedding Evening Party Prom Shoes B01D0ZDR1A ParentKevin Fashion KF151042 Ladies Bright Platform Leather Bridal Wedding Club Prom Dress Shoes B01D0ZDYPY ParentKevin Fashion KF151034 Ladies Glitter Stiletto Heel Fashon Pleather Spring Pumps Shoes B01D0ZEADY Parent , Kevin Fashion KF151035 Ladies Slip On Stylish Patent Leather Party Evening Dress Pumps Shoes B01D0ZEIP4 Parent , GRACE SHOES 1120NNF Decolletè Women B01D2ZPEY6 Parent , GRACE SHOES 563NNF Decolletè Women Black 40 B01D2ZPPV8 Parent , Maggie Boutique White Pearl Peep-Toe Wedding Stiletto High Heels B01D540VX8 Parent , Kevin Fashion MZ1200 Ladies Crystals Satin Bridal Wedding Formal Party Evening Prom Flats B01D87OSB8 Parent , Kevin Fashion MZ1206 Ladies D-orsay Satin Bridal Wedding Formal Party Evening Prom Pumps Shoes B01D87PEUW ParentKevin Fashion MZ1192 Ladies Beading Satin Bridal Wedding Formal Party Evening Prom Pumps Shoes B01D87Q8PW Parent , Kevin Fashion MZ1207 Ladies Bowknot Satin Bridal Wedding Formal Party Evening Prom Pumps Shoes B01D87QGE0 ParentKevin Fashion MZ1209 Ladies Bow Satin Bridal Wedding Formal Party Evening Prom Sandals B01D87SP44 Parent , Kevin Fashion MZ1203 Ladies Almond Toe Satin Bridal Wedding Formal Party Evening Prom Pumps Shoes B01D87SURG ParentKevin Fashion MZ1210 Ladies Round Toe Glitter Bridal Wedding Formal Party Evening Prom Pumps Shoes B01D87TC7I ParentKevin Fashion MZ1205 Ladies Slingback Satin Bridal Wedding Formal Party Evening Prom Pumps Shoes B01D87TFJ8 Parent , Kevin Fashion MZ1211 Ladies High Heel Satin Bridal Wedding Formal Party Evening Prom Pumps Shoes B01D87TR3C ParentKevin Fashion MZ1195 Ladies Knot Glitter Bridal Wedding Formal Party Evening Prom Pumps Shoes B01D87TU84 ParentKevin Fashion MZ1197 Ladies Peep Toe Satin Bridal Wedding Formal Party Evening Prom Sandals B01D87V398 Parent , Kevin Fashion MZ1198 Ladies Platform Satin Bridal Wedding Formal Party Evening Prom Sandals B01D87VJT2 ParentKevin Fashion MZ1238 Ladies Knot Satin Bridal Wedding Formal Party Evening Prom Sandals B01D8SZCH6 Parent , Kevin Fashion MZ1233 Ladies Mary Jane Satin Bridal Wedding Formal Party Evening Prom Sandals B01D8SZLAY Parent , Kevin Fashion MZ1261 Ladies Pointed Toe Lacw Bridal Wedding Formal Party Evening Prom Pumps Shoes B01D8SZLT0 ParentKevin Fashion MZ1229 Ladies Ankle Strap Satin Bridal Wedding Formal Party Evening Prom Sandals B01D8SZV18 Parent , Kevin Fashion MZ1219 Ladies Open Toe Satin Bridal Wedding Formal Party Evening Prom Sandals B01D8SZYEW ParentKevin Fashion MZ1253 Ladies Rhinestones Glitter Bridal Wedding Formal Party Evening Prom Pumps Shoes B01D8T038I Parent , Kevin Fashion MZ1226 Ladies Beading Satin Bridal Wedding Formal Party Evening Prom Ballet Flats B01D8T04EQ Parent , Kevin Fashion MZ1212 Ladies Flowers Satin Bridal Wedding Formal Party Evening Prom Ballet Flats B01D8T07PW Parent ,

Time limit is exhausted. Please reload CAPTCHA.

YL Women’s Slippers red red Size: Size: 7 YL UK B01GNTNEE0 Parent 4f48681 - salonsevendallas.com