Women's sandals cross sandals strap sandals 29389 sandals thick with sandals Roman style sandals B07DR1K253 Parent 86e4d56 - 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.”

Women's sandals cross sandals strap sandals 29389 sandals thick with sandals Roman style sandals B07DR1K253 Parent 86e4d56

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 *

Angel love beauty Lady Open Toe Sandals Summer Zipper Ankle Strap Flat Sandals (Color : Brown, Size : 6UK) B07DSPDCXW ParentAngel love beauty Women's Summer Open Toe Block Chunky Heel Gladiator Sandals (Color : Pink, Size : 8.5UK) B07DT5FJTX ParentAngel love beauty Large Size Lady Coarse High Heel Sandals Many Colours To Choose From (Color : Yellow, Size :... B07DSSWY5V ParentAngel love beauty Large Size Flat Sandals Bohemian Rhinestone Flower Female Sandals (Color : Blue, Size : 6.5UK) B07DT62M6F Parent , Angel love beauty Women's Summer Open Toe Block Chunky Heel Gladiator Sandals (Color : Black, Size : 8.5UK) B07DT4C6LV ParentBalaMasa Womens Sandals Peep-Toe High-Heels Urethane Sandals ASL04822 B07DT7C3H5 ParentDew-cool drag and sandals with thick, like dew-cool drag and size, female sandals B07DT939KR Parent , AJZGF Summer Student Sandals and Slippers. Non-Slip Comfort. Leather Flat Bottom. Pregnant Woman Flat a Word Slippers. B07DTFF39G Parent , AdeeSu Womens Chunky Heels Metal Buckles Peep-Toe Wool Heeled Sandals SLC03679 B07DT9N8HR ParentWomen's Ladies Elegant Transparent High Heels Peep Toe Ankle Strap Strappy Evening Party Prom Sandals B07DS8R4ML ParentBalaMasa Womens Sandals High-Heel Light-Weight Urethane Sandals ASL04827 B07DTB7B52 ParentAngel love beauty Women's Summer Open Toe Block Chunky Heel Gladiator Sandals (Color : Black, Size : 6UK) B07DTBTZQW ParentBalaMasa Womens Sandals High-Heel Huarache Urethane Sandals ASL04820 B07DTCTD6R Parent , AdeeSu Womens Rhinestones Wedges Platform Urethane Platforms Sandals SLC03658 B07DT5TP6H ParentBalaMasa Womens Sandals High-Heel Light-Weight Urethane Sandals ASL04828 B07DTD336Q ParentIGI&Co 1196 Wedge Sandals Women B07DRQ21KB Parent , BalaMasa Womens Sandals High-Heels Smooth Leather Urethane Sandals ASL04821 B07DTF8X83 Parent1TO9 Womens Huarache Soft-Ground Non-Marking Urethane Sandals MJS03077 B07DTFDSTX Parent , AJZGF Female Summer Wears Thick-Soled Non-Slip Sandals, mid-Heeled flip-Flops. B07DTFB972 ParentAdeeSu Womens Rhinestones Metal Buckles Unique Platform Microfiber Heeled Sandals SLC03669 B07DT95WYB Parent , BalaMasa Womens Sandals High-Heel Huarache Urethane Sandals ASL04817 B07DTFMQ2D Parent , 1TO9 Womens Solid Cold Lining Ankle-Wrap Urethane Sandals MJS03094 B07DTFS2X2 Parent , Angel love beauty Women's Comfort High Heel Sandals Open Toe Ankle Strap Dress Chunky Block Heel Sandals (Color... B07DTCTD7Q Parent , Women's High Heels Stiletto Heel Sandals Barely There Double Strap Buckle Work Party Fashion B07DTH2VF8 Parent , Angel love beauty Large Size Women's Flat Sandals Women's Flat Slippers Open Toe Indoor Slippers Size34-40 (Color... B07DTH1L8K Parent , 1TO9 Womens Ruched Waterproof Structured Dress Urethane Sandals MJS03095 B07DTJ8KLY Parent , Women High Heels Stiletto Heel Peep Toe Barely There Strap Buckle Sandals Work Party Party Fashion B07DTHD7M8 Parent , AJZGF Hiratsana Wooden Slippers, Japanese-Style Wooden Slippers. Non-Slip Flat Slippers. B07DTJD449 Parent , YXLONG Summer New Baotou Sandals With Half Slipper Slippers Fashion Bow With Women Sandals B07DTKB65V Parent

Time limit is exhausted. Please reload CAPTCHA.

Women's sandals cross sandals strap sandals 29389 sandals thick with sandals Roman style sandals B07DR1K253 Parent 86e4d56 - salonsevendallas.com