Volatile Women's Ankle McKenna Ankle McKenna Bootie B01DUTRN2A B01DUTRN2A Parent fc26958 - 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.”

Volatile Women's Ankle McKenna Ankle McKenna Bootie B01DUTRN2A B01DUTRN2A Parent fc26958

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 *

Brinley Co Women's Olive Riding Boot B01F2PW18G ParentMarco Tozzi 25499, Women’s Ankle Boots B01FWGU5NS Parent , Rieker Women’s 79284 Ankle Boots B01F3JUYOE Parent , Nanette Nanette Lepore Women's Halle Ankle Bootie B01FEACBFM Parent , Rieker Women’s Y8782 Ankle Boots B01F3KFGJQ ParentEmily Boot-White Matte Martina Gabriele Leather shoes B01FO4BL1I ParentUnisa Women’s Rajano Ankle Boots B01F3PELZ6 Parent , Report Women's Eviana Ankle Bootie B01F3JE2O2 Parent , Kelsi Dagger Brooklyn Women's Jenson Ankle Bootie B01F5L7BK0 Parent , Not Rated Women's Midas Ankle Bootie B01F6BZ26E ParentMan/Woman Rieker M1390 Womens Boots B01F9UU1AO Parent Durable service Strong value Excellent workmanship , Unisa Women’s Wok Ankle Boots B01F3PQDU2 ParentCarlos by Carlos Santana Women's Laney Ankle Bootie B01FEDCUYQ Parent , MIA Women's Evelina Western Boot B01FJX9IFU ParentEvercreatures Ladies Evergreen Wellies Meadow Fresh B01FG9K770 Parent , Rieker Y7873, Women’s Slouch Boots B01F3KAPRE Parent , Carlos by Carlos Santana Women's Lynn Ankle Bootie B01FHSKELE Parent , Carlos by Carlos Santana Womens Rollins Almond Toe Ankle Fashion Boots B01FEY14MY ParentJana Women’s 25319 Biker Boots B01FK1V4QM ParentMIA Women's Jerry Ankle Bootie B01FICBMKQ ParentAldo Women's Chiaverini Riding Boot B01FNKH7RU ParentMarco Tozzi Women's 23300 Short Boots B01FX07MWK ParentEmily Boot-Black Leather shoes Martina Gabriele B01FO4BLR2 ParentRieker Women’s Z4593 Ankle Boots B01F3KLEXS ParentRieker Größe 42, Farbe beige B01FTZUXAM Parent , Marco Tozzi Women’s 25645 Long Boots B01FVRE7P0 ParentMarco Tozzi Women’s 25120 Combat Boots B01FVRDPN0 Parents.Oliver Women’s 25306 Ankle Boots, Brown (Brown Comb 330), 5 UK B01F6ZO6S0 ParentMarco Tozzi Women’s 25433 Ankle Boots B01FWGTELM Parent

Time limit is exhausted. Please reload CAPTCHA.

Volatile Women's Ankle McKenna Ankle McKenna Bootie B01DUTRN2A B01DUTRN2A Parent fc26958 - salonsevendallas.com