JIANXIN Summer Heels Bottom Sandals Female Parent Sexy High Heels Fine With Waterproof Platform Thick Bottom Open Toe Female Sandals... B07G3F9FLB Parent 6b6ba92 - 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.”

JIANXIN Summer Heels Bottom Sandals Female Parent Sexy High Heels Fine With Waterproof Platform Thick Bottom Open Toe Female Sandals... B07G3F9FLB Parent 6b6ba92

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 *

Women's Roman Open Toe Color Ribbon Sandals Waterproof Platform Gladiator Stiletto High Heels Banquet Evening... B07G5XJVKC Parent , LYY.YY Women's Slim Belt Open Toe Sandals Wrap Belt Buckle High Heels Shiny Rhinestones Fashion Sandals (Heel... B07G6545BV Parent , Gentlemen/Ladies Pleaser Womens MOON-708GFT/C/BLU Sandals B07G67B321 Parent Fine processing Latest styles Different styles , Women's Fish Mouth T-Shaped Open Toe Sandals Waterproof Platform with Buckle Metal Heel Bar Ballroom Sandals (... B07G66J1W4 Parent , NBWE Lady Luxury Diamond Pearl high Heels Sexy Sweet Fish Mouth peep Toe Sandals B07G6QGMK7 ParentPleaser Flamingo-801, Women's Platform Pumps B07G67FSS8 Parent , Ladies Black Suede Beaded Sandals Stylish Sequins high Heels 12cm Fashion Casual Slippers B07G6QSH8X Parent , AnchengKAO Fish Mouth Shoes High Heel Sandals Female Platform Thick Flowers B07GB78ZFX Parent , Albano Women's a4523 Fashion Sandals B07G6Y42G3 ParentGentlemen/Ladies Pleaser UNICORN-708LG B07G9RJPK8 Parent Customer first Attractive fashion Brand feastNBWE Ladies Luxury Pearl Rivet Sandals Fashion Wedding Banquet high Heels 10cm B07G78WPWB Parent , Square Head High Heel Women's Leather Waterproof Platform Sandals B07G78742C ParentJingSen LFD Summer Cool Casual Sandals Pointed Baotou Female Sandals Thick with B07G855N71 Parent , JingSen LFD Women Thick Velcro Casual Street Flats Punk Style B07G7VY465 Parent , FangYOU1314 Leather Pointed Sexy Sandals Female High Heel Header Half Slipper (Color : Black, Size : 4.5 UK) B07G88J6G4 Parent , FangYOU1314 Crystal Wedge With Lazy Drag Female Sandals (Color : Silver, Size : 4.5 UK) B07G88G5B5 ParentPleaser UNICORN-708LG Clr/Opal Multi Glitter UK 5 (EU 38) B07G9P4FJR Parent , Calvin Klein Women’s Carine Heeled Sandal B07G94GT9Q Parent , High Heels Women's Fish Mouth Open Toe Waterproof Platform Increase Backspace Wood Grain Slope Sandals Large Size... B07G9ZVFD8 Parent , Shanxi Yaoyao Yeye Trading Co, Ltd. High Heel Genuine Leather Women's Sandals Fashion B07GBX24B5 Parent , Roman Sandals Summer Women's Slipper Vintage Toe Flower Sandals Leather Flat B07GB6V5D1 Parent , AnchengKAO Patent Leather Toe Head T-shaped Buckle High-heeled Sandals B07GB8952Y Parent , AnchengKAO Black Fine High Heels Women's Sandals After The Empty Shoes B07GB71PKP ParentRoman Sandals Women's Sandals Summer Flat Heel Slipper Fashion Genuine Leather Vintage B07GB6YPMK Parent , AnchengKAO Coarse High Heel Zipper Waterproof Sandal Comfort B07GB7GDN9 Parent , Lady Fish Mouth peep Toe Sandals Bridal Sparkle Rhinestones Wedding shoessexy Breathable Nightclub high Heels... B07G78ZKBZ ParentGentlemen/Ladies ALPE 3220 Black B07GBVP6V4 Parent Selling Beautiful General product , Shanxi Yaoyao Yeye Trading Co, Ltd. Summer Sandals Women's Sandals Young People Fashion B07GBWDVGY Parent , Man/Woman Wrangler WM182004-29 Brown B07GBW2XDS Parent Good design Won highly appreciated and widely trusted at home and abroad business ,

Time limit is exhausted. Please reload CAPTCHA.

JIANXIN Summer Heels Bottom Sandals Female Parent Sexy High Heels Fine With Waterproof Platform Thick Bottom Open Toe Female Sandals... B07G3F9FLB Parent 6b6ba92 - salonsevendallas.com