RTRY Women'S Shoes Brown Black Pu Summer Fashion For Boots Boots For Casual Brown Black B078C5DGX1 Parent ac75e59 - 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.”

RTRY Women'S Shoes Brown Black Pu Summer Fashion For Boots Boots For Casual Brown Black B078C5DGX1 Parent ac75e59

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 *

GTVERNH-Shallowly High Heeled Women Shoes Office Shoes Small Leather Shoes Black Single Shoes And Ladle Shoes... B078D6Q7QX ParentGTVERNH-The Fall Of The New Double Belt Documentary Coarse Shoes Casual Shoes All-Match Korean Students. B078D6R14Z ParentGTVERNH-Thin And Single Shoes Autumn And Winter Sharp Pointed Shoes Temperamental Knitting Girls B078D6RF4G ParentXDGG women Large Size Stiletto Heel Wedding Shoes Red Bridal Shoes Pointed Toe Shallow Mouth High Heels Rose Pink... B078D7KZFW ParentXDGG Summer Sandals New Tide Shoes British Embossed Buckle Pointed Flat Women'S Shoes B078D7KX5G Parent , KHSKX-Sponge Cake Thick Single Shoes Female Korean Version Of The New Fall Shoes Wild Students Increased Leisure... B078FGZQXF Parent , Women Cool Boots 11.5cm Stiletto Transparent Peep Toe Slingback Cross Straps Hollow Dress Shoes Fashion Pure Color... B078DXXTJ7 Parent , Women Chelsea Boots 2.5cm Chunkly Heel Round Toe Dress Boots Simple Pure Color Elastic Band Casual Court Shoes... B078G7Q4MH Parent , Leather 8 cm high heel shoes B078G5WN8J Parent , Women 7cm Chunkly Heel Pointed Toe Slingback Court Shoes Simple Color Match Ankel Straps Dress Shoes Wedding Shoes... B078JFFBCR Parent , Women's Running Shoes Low Trekking Outdoor Anti-skid Air Tech Shock Absorbing Fitness Gym Sports Hiking Shoes... B078J83DGZ Parent , GTVERNH-The Flow Of The Autumn Winter Boots The Female High-Heeled Boots Round Head Martin Boots Retro Thick With... B078JKLBG6 Parent , GTVERNH-Female Winter Boots Winter Buckle Women Shoes Autumn And Winter Wild Rough With Students With Low Martin... B078JHP8T7 ParentGTVERNH-Wild Winter Boots Martin Boots Heavy With The Tip Of The High-Heel Shoes Female Boots B078JLN8F2 Parent , GTVERNH-Autumn Winter Pointed High-Heeled Shoes Fine With Single Shoes The Female Side Zipper Martin Boots Winter... B078JL3145 ParentGTVERNH-The Girl Flat Bottom Boots Martin Bare Boots Warm Winter Plus Cotton Matte Leather Boots Man-Made Short... B078JM79YV ParentGTVERNH-Winter Plus Velvet And Boots Thick With Shoes High-Heeled Boots Martin Boots B078JM42QN ParentGTVERNH-Autumn Winter Short Boots Women'S Singles Shoes Martin Boots High Heels And The Tip Low Lint-Free Bare... B078JM89KG Parent , GTVERNH-Ms. Winter Low Leather Shoes Casual Leather Rubber Insulation Plus Cotton Women'S Shoes A Shoe B078JM7DNW Parent , GTVERNH-Winter Mother Shoes The Older The Lint-Free Cotton Shoes Boots Women With Large Numbers With Women'S Shoes B078JMCVCH Parent , GTVERNH-Wild Girl Martin Boots Matt Bare Boots The Tip Of The Short Spring And Autumn Winter Boots Fine With The... B078JMBDRH Parent , GTVERNH-Autumn Winter Single Shoes Round Head Low With Martin Boots Thick Rough And Bare Boots Short-Short Boots B078JMH657 Parent , GTVERNH-Autumn Winter High-Heel Women Shoes Satin Boots The Martin Boots The Tip Of The Short Barrel With Bold... B078JMFG4V Parent , GTVERNH-Autumn Winter Female Martin Boots Retro Boots Motorcycle Boots The Female Sponge Cake Bottom Single Shoes B078JMH8NP Parent , GTVERNH-Autumn Winter Wild Satin Bare Boots Tip Short Boots Broken Down By The Spring Of The High-Heel Shoes B078JMH8NN Parent , GTVERNH-During The Spring And Autumn Winter Women'S Singles High-Heeled Shoes With Bold With Round Head Shoes... B078JMSY2K Parent , GTVERNH-Autumn Winter Black Satin High-Heeled Shoes Fine With The Tip Of The Zipper After The Girl Shoes And Martin... B078JMRYTQ Parent , Women Pump 8cm Chunkly Heel Pointed Toe D'orsay Slingback Cross Straps Court Shoes Charming Rivets Flower Heel... B078JN465D ParentGTVERNH-Autumn Winter High-Heeled Sexy Fine With Martin Boots Plus Velvet Boots Bow Tie Satin Women'S Shoes Tip... B078JN119D Parent ,

Time limit is exhausted. Please reload CAPTCHA.

RTRY Women'S Shoes Brown Black Pu Summer Fashion For Boots Boots For Casual Brown Black B078C5DGX1 Parent ac75e59 - salonsevendallas.com