RAZAMAZA Shoes Women Fashion Platform Bootie High Heel Heel clindamy-28983 Ankle Boot Dress Shoes B075M95NFG Parent 177929b - 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.”

RAZAMAZA Shoes Women Fashion Platform Bootie High Heel Heel clindamy-28983 Ankle Boot Dress Shoes B075M95NFG Parent 177929b

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 *

SJJH Women Long Boots with Chunky Heel and Thick Platform All Match Large Size Fashion Boots B075Q7GP52 ParentSmilice Women Trend All Match Plus Size & Small Size Ankle Booties Block Heel Zip Boots B075QBJSJ3 Parent , TAOFFEN Women Fashion Pointed Toe Booties Thin High Heel Short Boots With Zipper B075QCLBQ9 ParentSmilice Women Oversized Ankle Boots Fashion Pull-On Chelsea Boots Round Toe Booties B075QCMKG5 ParentSmilice Women Mid Block Heel Zip Ankle Booties With Plus Size & Mini Size B075QCMKGL ParentSmilice Women Fashion Plus Size & Mini Size Ankle Booties Block Heel Zip Boots B075QCMKJY ParentTAOFFEN Women Winter Warm Block Heel Boots Slip-on Mid High Boots Shoes B075QCQ6FV Parent , TAOFFEN Women Autumn Winter Half Boots Slip-on Heels Mid Top Boots Shoes B075QCQD47 Parent , RAZAMAZA Women Fashion Side Zipper Ankle Booties Block Heels Boots B075QD8N53 ParentWomen's Boots Block Heel Classic Boots at Ital-Design B075QDC3BR Parent , RAZAMAZA Women Strap Buckle High Heel Ankle Boots with Side Zipper Booties B075QDHMQL ParentMan/Woman Mevina Women's Boots B075QFZGLV Parent selling price Won highly appreciated and widely trusted at home and abroad Fashion versatile shoesRAZAMAZA Women Fashion Zipper Chunky Block Heel Ankle Booties B075QG3C6H ParentRAZAMAZA Women Slouchy Mid Calf Hidden Wedge Heel Boots B075QGH3YN ParentCoolcept Women Block Medium Heel Dress Boots High Top With Front Zip B075QGHNH5 Parent , RAZAMAZA Women Fashion Mid Calf Slouched High Heel Boots B075QGHZYK ParentCoolcept Women Block Medium Heel Ankle Boots With Back Zip B075QGV3QG ParentMan's/Woman's TPulling Women's Boots B075QH3GJF Parent Many varieties Win highly appreciated valueCoolcept Women Western Thick Medium Heel Dress Boots Ankle High Zip B075QHJKGF ParentRAZAMAZA Women Pointed Toe Stiletto Back Zipper Ankle Booties B075QHX8J5 Parent , Coolcept Women Fashion Stiletto Dress Boots Autumn With Side Zip B075QHXDB7 Parent , Beck Women’s Spicy Wellington Boots B075QJ8M69 Parent , RAZAMAZA Women Fashion Fitted Floral Embroidered Chunky Heel Ankle Boots B075QJXHBG ParentRAZAMAZA Women Fashion Strap Buckle Back Zipper Ankle Booties Stiletto High Heels B075QJXHBZ ParentBeck Women’s Schmetterling Wellington Boots B075QJYVRB ParentINC International Concepts Womens Herbii Closed Toe Ankle Fashion Boots B075QLSYDM Parent , Anna Steve Women’s Roma Heels B075QNPV51 Parent , Coolcept Women Fashion Square Mid Heel Zip Ankle Boots Belt B075R554C6 ParentCoolcept Women Fashion Chunk High Heel Mid Calf Boots Zip With Belt B075R595WM Parent ,

Time limit is exhausted. Please reload CAPTCHA.

RAZAMAZA Shoes Women Fashion Platform Bootie High Heel Heel clindamy-28983 Ankle Boot Dress Shoes B075M95NFG Parent 177929b - salonsevendallas.com