Miyoopark Ladies Ankle Sandals Strap Dancing Glitter Latin Tanog Dancing Tanog Shoes Female Wedding Prom Sandals Parent B06Y3KBPRK 4e2bd5c - 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.”

Miyoopark Ladies Ankle Sandals Strap Dancing Glitter Latin Tanog Dancing Tanog Shoes Female Wedding Prom Sandals Parent B06Y3KBPRK 4e2bd5c

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 *

Itasca Women's Cedar Ski Boot Parent B002TGHBJ6 , adidas Women Flashback Primeknit FLB (Burgundy/Maroon / Footwear White) Parent B06XKCWSGT , Killtec Syracuse Lady, Women’s Outdoor Fitness Shoes Parent B00QHXK3LAJERFER Women Lightweight Gym Sneakers Running Sports Shoes Breathable Shoes 35-41 Sport Black Hot Pink Gray Shoes Parent B07HKGD95Hadidas Women's FLB_Runner Originals Trace Scarlet/White/Trace Scarlet Running Shoe 9.5 Women US Parent B078LC9S93adidas FLB_Runner W Womens Womens Cq1969 Size 7.5 Parent B078LFRK51 , Joma topw 702 _ TF Football Shoes Top Flex 702 Turf bianco-nero Parent B074KCV5C3 , Converse All Star Hi, Women's Baseball Boot Parent B00BCZDNKG , AJUNR New/Fashion/Work/High-Heel/Women Thick Bottom Flip Flops Pinch Feet Slippers Beads Beaches Simple Antiskid... Parent B07CB48D7QPLOT❤Clearance Clothes for Girls Boys Kids Knitted Lion Rompers Bodysuit Jumpsuit Baby Outfits 0-2T Parent B07H959623NIKE Women’s Free Rn Running Shoes Parent B00BIL6UM2Womens Shock Absorbing Running Trainer Ladies Trainers Parent B004LB0U7C , Nike WMNS Dart 12, Women’s Gymnastics Parent B015HUDRBGGUOSHIJITUAN Girl Latin Dance Shoes,Leather Soft Bottom Middle Heels Dancing Shoes Tango Salsa Social Dancing... Parent B07FFTPSKCMonie Women's Practice Snakeskin Modern Salsa Ballroom Latin Dance Shoes 2.8" Flare Heel Parent B01HQEE0M6 , QWERTYUIOP Girl Latin Dance Shoes,Leather Soft Bottom Middle Heels Dancing Shoes Tango Salsa Social Dancing Shoes Parent B07HCXGJRQ , BTBTAV Thick Dew-Toe Sandals Women Shoes Summer Elastic Band Water Drilling Beach Shoes Eu 36 Green Parent B07DLSYVY1RTRY Women'S Sandals Comfort Pu Summer Casual Comfort Army Green Brown Beige Black 2In-2 3/4In Parent B074DVKKWH , Galaxy S6 Case, BONROY Premium Soft PU Leather Crystal Bling Wallet Case Pretty Girl Pattern Design Back Case... Parent B0789RQXKGMeijili Womens Gold Glitter Evening Bridal Shoes Ballrom Latin Dance Sandals Parent B01L1EHLLO , Calvin Klein Jeans Viridiana, Women’s Trainers Parent B017UN3HTUZenzzle Colorful Tribal Pixelated Pattern Women's Running Shoes Casual Lightweight Athletic Sneakers US Size 6-15 Parent B078DF3HP3 , CFP JJ-6227 Womens Latin Tango Rumba Cha-cha Ballroom Party Mid Heel Round-toe Fabric Dance-shoes Parent B017NRJQUCConverse Unisex Shoes All Star Women/Men Sneakers Low Top Red/White M9696 Parent B075YGSX21 , Asics Stormer Women's Running Shoes - AW17 Parent B0734KZ14D , Nero Giardini Women's Trainers VELOUR CARBONE Parent B0156IERRM , Zenzzle Womens Running Shoes Winter Flower Pattern Print on for Ladies Outdoor Running Sneakers Parent B07CR4KB53T.T-Q Women's Dance Shoes Leather Modern Sneakers Chunky Heel Dark Purple Latin Sandals Salsa Jazz Tango Swing... Parent B07DJC9T9M , kennel und schmenger Women's 20100-646 Trainers Parent B01MR4YIIL ,

Time limit is exhausted. Please reload CAPTCHA.

Miyoopark Ladies Ankle Sandals Strap Dancing Glitter Latin Tanog Dancing Tanog Shoes Female Wedding Prom Sandals Parent B06Y3KBPRK 4e2bd5c - salonsevendallas.com