JSHOE Indoor Shoes Ballroom Dance Shoes Women Women For Indoor Salsa Latin Tango Floral Satin,Green-heeled7.5cm-UK7.5/EU42/Our43 B0794PX1HF Parent f7a66bc - 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.”

JSHOE Indoor Shoes Ballroom Dance Shoes Women Women For Indoor Salsa Latin Tango Floral Satin,Green-heeled7.5cm-UK7.5/EU42/Our43 B0794PX1HF Parent f7a66bc

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 *

JSHOE Women's Latin Dance Shoes Salsa / Tango / Chacha / Samba / Modern / Jazz Dance Sandals High Heelsdiy,D-heeled7.5cm-UK4... B0794Z429N ParentJSHOE Womens Closed Toe High Heel PU Leather Glitter Salsa Tango Ballroom Latin Dance Shoes,E-heeled7.5cm-UK7.5... B0794VL86R Parent , JSHOE Women's Latin Dance Shoes Salsa / Tango / Chacha / Samba / Modern / Jazz Dance Sandals High Heelsdiy,B-heeled4cm-UK4... B0794ZQQ4F Parent , GRRONG Woman's Sandals Slippers Butterfly Flowers Female Beach Shoes Drag Thick Bottom,Rose-33 B073TQBFGJ ParentJSHOE Women's Latin Dance Shoes Salsa / Tango / Chacha / Samba / Modern / Jazz Dance Sandals High Heelsdiy,C-heeled7.5cm-UK5... B079514V4R Parent , JSHOE Women's Latin Dance Shoes Salsa / Tango / Chacha / Samba / Modern / Jazz Dance Sandals High Heelsdiy,A-heeled7.5cm-UK2.5... B0794WH31F ParentSandals Female Wrap Heel Summer Beaded Buckle Flat Shoes Student Shoes B07CJXGBLS ParentJSHOE Women's Latin Dance Shoes Salsa / Tango / Chacha / Samba / Modern / Jazz Dance Sandals High Heels,Beige-heeled7.5cm-UK4.5... B0794VN2LC ParentSandals Female Summer Fashion Outer Wear Seaside Slope High Heels Clip Toe Slippers Thick Heel Shoes B07D6ZK34Z Parent , Sandals Women's Style Open-toed Pearls Sandals Women's Flat Beach Casual Wild Student Shoes B073GV57VB Parent , fereshte Women's Men's Ladies Platform Thin High Heel Peep Toe Cut Out Classic Sandals B013FI3KK0 ParentHYLM Europe and the United States fashion high heels cross rivets with shallow mouth nightclubs wedding shoes,... B0739P3H47 ParentpengweiIn the middle with a word buckle ladies shoes with rough Roman sandals B0727P57B2 ParentJSHOE Indoor Ballroom Dance Shoes Women For Salsa Latin Tango Floral Satin,Silver-heeled7.5cm-UK5/EU37/Our38 B079519HX2 Parent , Slippers female word dragged outside wearing wild shoes B072XY8L2S Parent , pengweiSummer pointed flat shoes ladies word buckle fashion sandals shoes B072L1VH3R ParentHYLM Fashion high heels shallow mouth pointed suede belt buckle fine wedding shoes, banquet shoes B0739PDVFT ParentMade In Italia Womens/Ladies Iolanda High Heel Sandals With Adjustable Side Buckle B07DSDF548 ParentLadies sandals one-figure open-toed cross with female slippers thick bottom comfortable shoes B073GX15W8 ParentDream Women 's Hollow Mesh Shoes Student Casual Board Shoes Breathable Flat Shoes Outdoor Sports Shoes B074Y1TTDC ParentGRRONG Woman's Shoes Beaded Flat Sandals Sandals Toe Beach Sandals Approved,White-36 B073TQZFFG Parent , GRRONG Women's Shoes Diamond Sandals Female Fashion,Gold-35 B073TR1XKK ParentDream Women 's Hollow Mesh Shoes Student Casual Board Shoes Breathable Flat Shoes Outdoor Sports Shoes (Color... B074Y649G4 ParentSHOESHAOGE Coarse Heel Women Sandals White Middle Heel Miss Toe Heels Women'S Shoes B0753KT3FS ParentSHOESHAOGE 10Cm Coarse Heel Sandals Waterproof Table Toe Buckle With Black Heels White Women'S Shoes B0753KJYKK Parent , SHOESHAOGE Ultra High Heels 16Cm Waterproof Fine Heel Sandals With Women Sandals Women'S Shoes B0753KWVSM ParentSHOESHAOGE Baotou Sandals With A Sharp Heel With A Simple Word Buckle With A Shallow Mouth High Heel Shoes Women'S... B0753L1TBD ParentSHOESHAOGE Women Walk Show Fashion Heels Thick Heel Waterproof Taiwan Word Buckle Toe Sandals Women'S Shoes B0753L1TBK Parent , SHOESHAOGE Fish Mouth Ultra High Heels Season Women'S Shoes One Word Buckle Belt Waterproof Taiwan Fine Heel Sandals... B0753L4RKY Parent

Time limit is exhausted. Please reload CAPTCHA.

JSHOE Indoor Shoes Ballroom Dance Shoes Women Women For Indoor Salsa Latin Tango Floral Satin,Green-heeled7.5cm-UK7.5/EU42/Our43 B0794PX1HF Parent f7a66bc - salonsevendallas.com