HY Thick-Soled HY B07DB87Q28 Summer New Women's Sandals Thick-Soled Beach High Heels Slope with Paragraph B07DB87Q28 Parent 4a5a40e - 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.”

HY Thick-Soled HY B07DB87Q28 Summer New Women's Sandals Thick-Soled Beach High Heels Slope with Paragraph B07DB87Q28 Parent 4a5a40e

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 *

Calaier Women Catxav Round-Toe 6CM Block Heel Self-Tie Sandals Shoes B07DC157F5 Parent , YMFIE Ladies fashion temperament toe toe sandals summer comfort high heels B07DC5L6T7 ParentLBLX Summer Thick High Heels Waterproof Platform Hollow Fish Mouth Women's Sandals B07DC1B7SV Parent , Simple Fashion Thick High Heels Waterproof Platform Sandals B07DC1THPP ParentLBLX Summer Temperament Elegant Thick High Heels Fish Mouth Sandals B07DC1TRYJ Parent , JIA Summer flat non-slip sandals rhinestones soft bottom women's slippers B07DBQ11TG Parent , BFMEI Large Yard high Heel Sandals, Rhinestones, Tassels, Heel, Toes, Sexy, Ankle Straps, Women Sandals B07DC56XV4 Parent , BalaMasa Womens Sandals Closed-Toe No-Closure Adjustable-Strap Kitten-Heels Cold Lining Rubber Water_Resistant... B07DBSGJ95 Parent , Older Ladies Sandals and Slippers, Middle and Outer wear Slopes and Large-Scale Non-Slip Middle-Aged Mother Sandals B07DC5MK5Y ParentVOCOSI Women's Fashion Classic Block Heel Elegant Silk Sandals B07DC5MFXZ Parent , GAOLIXIA Womens Ladies T-Strap Peep Toe Strappy Platform Stiletto High Heels Ankle Strap Sandals Pumps Large Size... B07DC5WBT6 ParentXUERUI Ms High Heels Stilettos Sandals Graduation Jobs Get Together Fashion Sexy Non-slip Comfortable 7.5cm Heel... B07DC7B3N3 ParentAdeeSu Womens Buckle Square Heels Chunky Heels Urethane Sandals SLC03318 B07DCDRR47 ParentZJM- Pastoralism Slipper Ties Sandal Trilobal Summer Sandals Creative Comfortable Ethnic Style (Color : Yellow... B07DCJFLZ4 Parent , Women's Wedge Sandals Ankle Strap Peep Toe Platform Leather Strappy Mid Heel Summer Party Dress Size 3 4 5 6 7 B07DCM4HC2 ParentVOCOSI Women's Sweet Classic Block Heel Leather Sandals B07DCPYNZJ ParentHY Summer high-Heeled Sandals Sequin Stars high-Heeled Waterproof Platform Slope with Women Sandals B07DCRGK3P ParentDANDANJIE Women Sandals Pointed Toe Striped Low Heel Outdoor Slippers & Flip Flops B07DCRSGYG Parent , VOCOSI Women's Sweet Fashion Stiletto High Heel Silk Sandals B07DCRT3M2 Parent , Women's Sandals Bandages Thick Open Toe High Heel Wild Simple B07DCTJSK8 ParentBronx Red Leather Knotted Sandals B07DCW7CTW Parent , Women's Summer High Heels Pointed Fashion Sandals Party Flowers Bandages Pumps Large Size 32-48 B07DCWSZ77 ParentGentlemen/Ladies U.S. Polo - DONET4155S8_Y2 B07DCYX157 Parent Good world reputation Excellent performance General product , Man's/Woman's U.S. Polo - FIAMA4043S8_T1 B07DCZKC62 Parent quality Elegant and sturdy packaging Lightweight shoesHuaishu Women's Glass Drill Crystal Wedges Slipper Summer Waterproof Thick-soled High-heeled Flip-flops Sandals... B07DDGR6CY Parent , Huaishu Women's Summer Sandals Fashion Season Tide Waterproof Platform High Heels 15cm High Rhinestone Flip-flops... B07DDGTF6D ParentWomen's Sandals Summer Soft Leather Flat Heel Wedge Heel Slip Outdoor Sandals for Middle-Aged 40-50 Years Old... B07DDHF87T Parent , Lambretta Avalon Sandal UK Sizes 12 to 15 B07DDLHWMS ParentWedges sandals and slippers, women's sandals and slippers summer fashion wild wear white non-slip sandals and... B07DDLRX7K Parent

Time limit is exhausted. Please reload CAPTCHA.

HY Thick-Soled HY B07DB87Q28 Summer New Women's Sandals Thick-Soled Beach High Heels Slope with Paragraph B07DB87Q28 Parent 4a5a40e - salonsevendallas.com