WKNBEU Ladies B07DT5D9DL Black Brown Nude Leather Square nhta-21384 Heel Work Parent Office Formal Stiletto High Heels Metal Buckle B07DT5D9DL Parent 2637765 - 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.”

WKNBEU Ladies B07DT5D9DL Black Brown Nude Leather Square nhta-21384 Heel Work Parent Office Formal Stiletto High Heels Metal Buckle B07DT5D9DL Parent 2637765

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 *

Horror-Shop Glitter Peep Toe Pumps Gold B07FF6TMZY Parent , CUTEHEELS Sexy Court Shoes with Stiletto and Pointed Toe for Wedding Party B07DY3W53V Parent , Find Nice Womens Wedding Flat Pumps Round Toe White Slip On D-Orsay Satin 9872-17 B07FCLW61P ParentZHXUANXUAN Womens Evening Block Heel Fashion Cut Out Party High Heels Fluffy Pumps B07F669Q8F ParentVirginia - Pink Suede Extreme Platform Barely There Block Heel B07F95YT3J ParentOffice Habanera Cross Vamp Espadrilles B07F7SP324 Parent , AdeeSu Womens Chunky Heels Metal Buckles Crystals Urethane Pumps Shoes SLC03686 B07FG22Q1D ParentVitalo Women's High Heel Platform Party Prom Pumps Ladies Glitter Ankle Strap Peep Toe Stiletto Court Shoes B07FCW7WDV ParentOffice Huddle Studed Block Heel Sandals B07FCGJVCR Parent , 1TO9 Womens Ankle-Wrap Chunky Heels Square Heels Urethane Pumps Shoes MJS02729 B07FF48TW9 ParentZHANGYUSEN 2018 A Pair Of Buckles, High Heels, Thin Toes And Champagne Black, Simple Sandals. B07FD1N8V9 Parent , 1TO9 Womens Glitter Spikes Stilettos Platform Fabric Pumps Shoes MJS02769 B07FDWNWST Parent , CHICMARK Sexy Court Shoes with Stiletto and Pointed Toe for Wedding Parties B07FHXM991 Parent , AdeeSu Womens Crystals Grommets Chunky Heels Microfiber Pumps Shoes SLC03668 B07FG1TVNL ParentCUTEHEELS Dressy Court Shoes with Chunky Heel and Bling Shoes for Wedding Parties B07F7HN95K Parent , LINYI Womens Ladies Summer Stiletto High Heels Fashion Rivet Open Toe Slippers B07FF4T2GH Parent , CUTEHEELS Elegant Court Shoes with Pointed Toe and Stiletto for Office Ladies B07FGS73X1 Parent , 1TO9 Womens Two-Toned Chunky Heels Square-Toe Urethane Pumps Shoes MJS02795 B07FG839S8 Parent , CUTEHEELS Dressy Court Shoes with Thin Heel and Bling Heels for Wedding Parties B07F7QTDQG ParentCHICMARK Women Sexy Court Shoes with Open Toe and High Stiletto for Wedding Parties B07FGDQ8RH Parent , Vitalo Women's High Heels Platform Pumps Ladies Slip On Glitter Party Court Shoes B07FCQ3D86 ParentAdeeSu Womens Metal Buckles Chunky Heels Pointed-Toe Suede Pumps Shoes SLC03685 B07FFZT8DY Parent , CHICMARK Elegant Court Shoes with Pointed Toe and Sexy Stilettto Evening Shoes for Wedding Parties B07FGDQMLX ParentCHICMARK Fashion Court Shoes with High Heel and Thick Platform for Wedding Parties B07FGFNCRL Parent , CHICMARK Elegant Court Shoes with Peep Toe and Sexy Stilettto Evening Shoes for Wedding Parties B07FGDFWN7 ParentZHANGJIA Cat And Heels, Women'S Heels, High Heels, Women'S Joker, Slender Metal Drill. B07FH6YRZ9 Parent , Aisun Women's Sexy Sequins Self Tie High Stilettos Court Shoes B07FH81KQ3 Parent , 1TO9 Womens Huarache Studded Firm-Ground Urethane Pumps Shoes MJS03212 B07FH87M1F Parent , CHICMARK Elegant Court Shoes with Pointed Toe and Stiletto for Wedding Parties B07FHY7HRM Parent ,

Time limit is exhausted. Please reload CAPTCHA.

WKNBEU Ladies B07DT5D9DL Black Brown Nude Leather Square nhta-21384 Heel Work Parent Office Formal Stiletto High Heels Metal Buckle B07DT5D9DL Parent 2637765 - salonsevendallas.com