Men's Peep-Toe/Women's Benavente Women’s the 107277 Peep-Toe B07CSS3XZM price Parent Excellent value Cheaper than the price Complete specifications f998bcc - 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.”

Men's Peep-Toe/Women's Benavente Women’s the 107277 Peep-Toe B07CSS3XZM price Parent Excellent value Cheaper than the price Complete specifications f998bcc

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 Pull-On Kitten-Heels PU Solid Court Shoes B07CV9SRDN ParentAgooLar Women's Buckle Low-Heels Pu Soild Closed-Toe Court Shoes B07CVB8FJC Parent , AgooLar Women's Pu Pull-On Closed-Toe Low-Heels Soild Court Shoes B07CVB724R ParentAgooLar Women's Patent Leather Pointed Toe Low-Heels Pull-On Solid Court Shoes B07CVCDWJK Parent , AgooLar Women's Buckle Blend Materials Round Closed Toe High-Heels Court Shoes B07CVBVZPT ParentEasemax Women's Sweet Slip On D-Orsay Stiletto High Heels Court Shoes for Party B07CVGK8LM Parent , Easemax Women's Comfy Ankle Strap Round Toe Low Block Heeled Court Shoes with Pendants B07CVGDK7W ParentMen/Women AIYOUMEI Women’s T-Bar B07CVGZMJ5 Parent Special purchase King of quantity Authentic guarantee , Odomolor Women's PU Pointed-Toe Kitten-Heels Pull-On Solid Court Shoes B07CVJDCDB Parent , Odomolor Women's Kitten-Heels Round Closed Toe Solid Pull-On PU Court Shoes B07CVKPZCN Parent , Cingant Woman Women’s Jazz & Modern B07CVXHT7V ParentOffice Maisy Woven Block Heels B07CWJJQXF ParentOffice Maz Woven Court Heels B07CWJZ6RM Parent , Allhqfashion Women's Pull-On Pointed-Toe No-Heel Solid Pumps-Shoes B07CYPD7X6 ParentAgooLar Women's High-Heels Microfiber Soild Round-Toe Court Shoes B07CWKQPMX Parent1TO9 Womens Hollow Out Buckle Oxfords-Shoes Urethane Oxfords Shoes MJS02977 B07CWLXQKS Parent , AgooLar Women's Kitten-Heels Solid Patent Leather Square Closed Toe Court Shoes B07CWL2G6L Parent , AgooLar Women's Buckle Pointed-Toe Kitten-Heels PU Court Shoes B07CWKYQVZ ParentAgooLar Women's Solid Patent Leather Kitten-Heels Pull-On Round-Toe Court Shoes B07CWL6GGC Parent , 1TO9 Womens Solid Spikes Stilettos Beaded Patent Leather Urethane Pumps Shoes MJS03000 B07CWMGJ7G ParentAgooLar Women's Pull-On Pointed-Toe High-Heels PU Solid Court Shoes B07CWLS78L ParentAgooLar Women's PU Pointed Closed Toe High-Heels Assorted Color Court Shoes B07CWL5H52 Parent1TO9 Womens Applique Spikes Stilettos Closed-Toe Lycra-Blend Pumps Shoes MJS02983 B07CWM9R9Y Parent1TO9 Womens Applique Chunky Heels Peep-Toe Urethane Pumps Shoes MJS02982 B07CWMZ889 Parent , 1TO9 Womens Spikes Stilettos AssortedColor Ruffles Urethane Pumps Shoes MJS02999 B07CWMS7QL Parent , 1TO9 Womens Spikes Stilettos Buckle Solid Polypropylene Pumps Shoes MJS02979 B07CWMP69P ParentAllhqfashion Women's Buckle Round-Toe High-Heels Frosted Solid Pumps-Shoes B07CYPT1TL ParentAllhqfashion Women's Solid Microfibre Low-Heels Pull-On Square-Toe Pumps-Shoes B07CY5DZ86 Parent , Allhqfashion Women's Solid Buckle Round-Toe High-Heels Pumps-Shoes B07CYPQ8DQ Parent ,

Time limit is exhausted. Please reload CAPTCHA.

Men's Peep-Toe/Women's Benavente Women’s the 107277 Peep-Toe B07CSS3XZM price Parent Excellent value Cheaper than the price Complete specifications f998bcc - salonsevendallas.com