Puma Women’s Speed 600 Ignite B0783R1M53 3 Puma Wn Cross Trainers Parent B0783R1M53 Parent b5be79b - 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.”

Puma Women’s Speed 600 Ignite B0783R1M53 3 Puma Wn Cross Trainers Parent B0783R1M53 Parent b5be79b

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 *

adidas Women’s Handballschuhe Speedcourt Handball Shoes, FTWR White/Tech Silver Met./Bold Pink B072K5XL17 Parent , NIKE Women’s WMNS Air Relentless 3 MSL Running Shoes B01HI6U2M4 ParentJSHOE Women's Sexy Salsa Jazz Dance Shoes Ballroom Latin Tango Party Dancing Shoes High Heels,Blue-heeled7.5cm-UK5.5... B078W98PR2 Parent , Skechers Women's Go Trail 2 - Grip Hiking Shoe B077H3G2XD Parentgold and hologram ladies ballroom dance shoes size 4.5 haley B002XEBICU Parent , Freed Ladies Foxtrot Wide Fitting Ballroom shoe Black (Black, 3.5) B0149L04JM Parent , Slippers HAIZHEN Women shoes Couple Sandals Ladies Breathable Non-slip Beach Shoes Men With Flat Pregnant Women... B074P743NM ParentHead Breeze Ladies Tennis Shoes SS14, Color- White/pink, Size- 8 UK B00K5TWYZ0 Parent , RTRY Women'S Wedding Shoes Basic Pump Stretch Satin Summer Party &Amp; Evening Dress Crystal Kitten Heel Blue... B074SHGKSX Parent , Regatta Women’s Lady Hayworth Multisport Outdoor Shoes B01AHYB89K Parent , RTRY Women'S Wedding Shoes Ballerina Satin Spring Summer Wedding Party &Amp; Evening Dress Pearl Ribbon Tie Flat... B075MBDMZL Parent , Wilson Nvision Elite Woman, Women Tennis Shoes B00OPYYRQA ParentAsics Unisex Kids' Patriot 10 Ps Running Shoes B07FXXWY7S Parent , DSOL Women's Latin Dance Shoes DC1623-1 Heel 3.8 cm B01JUE1IU2 Parent , NIKE Women’s WMNS Revolution 4 EU Fitness Shoes B0794PHZZQ ParentZHZNVX HSXZ Women's Shoes Nubuck leather Winter Fall Comfort Combat Boots Boots Walking Shoes Low Heel Round Toe... B0797V37GP Parent , NIKE Women’s WMNS Revolution 4 EU Competition Running Shoes B0794SXDVM Parent , WDS Ladies Beige Nubuck Closed Toe Dance Shoes for Line, Latin, Ballroom, Jive, Ceroc, Salsa & Tango UK 3-8 (888112) B07B6SLH5Y Parent , NIKE Women’s Revolution 4 (Gs) Competition Running Shoes B06Y1WQ1LK ParentBaffin Women's Marsh Mid High Boot B00596G2RK Parent , Capezio Women's DS24 Rockit Dance Sneaker B002COI2WU ParentSalomon Trail Score W 361679 26 Womens Hiking shoes / Hiking boots / Trekking shoes Grey B00IA37UA2 Parent , Fitflop Women's Swoop Toe Thong Flip Flop B06XX6DFHJ ParentFLYRCX Pointed shallow mouth comfortable flat shoes single shoes wedding shoes ladies office work shoes pregnant... B07GCKN5JS ParentCMP Campagnolo Unisex Adults' Rigel Low Wp High Rise Hiking Shoes, Blue B07CDST2T6 ParentKarrimor Womens Resolve Running Shoes B079NJ2KSK Parentsnfgoij Ladies Hiking Shoes Women Lightweight Walking Shoes Sports Shoes Mesh Breathable Casual Light Flat Running... B07CXZGM7Y Parent , BYLE Leather Sandals Ankle Strap Samba Modern Jazz Dance Shoes Dance Shoes Latin Dance Shoes Women's Shoes Women's... B07FMGS1PL ParentSimpleC Women's Unisex Breathable Fitness Shoes Hiking Shoes Water Shoes B07G57W1S4 Parent

Time limit is exhausted. Please reload CAPTCHA.

Puma Women’s Speed 600 Ignite B0783R1M53 3 Puma Wn Cross Trainers Parent B0783R1M53 Parent b5be79b - salonsevendallas.com