Aisun Chic Women's Chic Buckle Parent Toe Pointed Toe Boot Shoes With Zipper B074JBWVZF Parent 236fac5 - 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.”

Aisun Chic Women's Chic Buckle Parent Toe Pointed Toe Boot Shoes With Zipper B074JBWVZF Parent 236fac5

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 *

Tamaris 1-25056-29-003 Womens Chelsea Boots B074V64QW9 ParentAsh Footwear Mitsouko Bronze Shearling Lined Boot B074V7B89S Parent , Easemax Women's Chic High Chunky Heel Studded Pointed Toe Side Zip Up Ankle High Boots B074V7MXMF ParentAsh Footwear Hashley Black Leather Knee High Heeled Boot B074V7NJGB ParentPalladium Women's Boots Brown Sunrise/Chocolate B074V8CYKP ParentEasemax Women's Trendy Faux Suede Pointed Toe Zip Up High Stiletto Heels Ankle High Boots B074V8L54X Parent , Easemax Women's Trendy Round Toe Zip Up Platform High Stiletto Heel Knee High Boots B074V8L55K Parent , Guess Women’s Polli Ankle Boot B074VBJRJ4 ParentLFL by Lust for Life Women’s Andie 60 Fashion Boot B074VJR12R Parent , IGI&CO 88272/00 Ankle Boots Women B074XDF62T Parent , Easemax Women's Chic Pointed Toe Zip Up Faux Suede High Stiletto Heels Ankle High Boots B074W8WVRM ParentTronchetto Doanna zeppa interna Grigio ENVAL SOFT, nuova collezione autunno inverno 2017/2018 B074ZRKVHK Parent , Jana Women's Ankle Boot 8-25407-29-549 bordeaux B074WCLCL4 ParentSPM Women's Coralie High Boot Boots B074VZFRC1 ParentSPM Women's 21978599 13006 Boots B074WNT2LV Parent , Moda in Pelle besti black leather ankle boots with outside zip B0752YJ5J5 ParentMobils Womens Dorine Leather Boots B074XG6MNG Parent , Gentleman/Lady Darkwood Women's Boots B074ZR5SLD Parent Crazy price Low price Perfect processing , IGI CO 87738/00 Sneakers Women B074Y37Y3K Parent , Tamaris Women's 1-1-26256-29 400 Boots B074Z5PLCD ParentMen's/Women's Tamaris 1-26476-29 Womens Booties B074Y88P9M Parent Good world reputation Trendy Clearance saleNSXZ Winter new snow boots women's leather anti-slip ankle boots B0751D39H3 ParentCingant Woman Women’s Snow Boots B074YG3P9P ParentMen/Women Tamaris 1-26477-29 Womens Booties B074YB9W47 Parent Guarantee quality and quantity High quality and economy Popular recommendation , Man's/Woman's Gabor 71.657 Womens Boots B074YQ4Y27 Parent Charming design High-quality materials best sellerENVAL SOFT 89230 Stivaletti Scarpe Zeppa Donna In Pelle Nero elasticizzati Memory Foam B074YJ2QNR ParentMaripé Women's Boots beige beige B074ZHMYXL ParentGentlemen/Ladies Caprice Women’s Boots B074Y4TYSY Parent High quality and low overhead Lush design ExportPLDM by Palladium Track SNT W Miel 75052293, Boots B074ZK84CH Parent ,

Time limit is exhausted. Please reload CAPTCHA.

Aisun Chic Women's Chic Buckle Parent Toe Pointed Toe Boot Shoes With Zipper B074JBWVZF Parent 236fac5 - salonsevendallas.com