Gentleman/Lady Gabor Women’s Casual-Almanac Loafers B07624BG12 Casual-Almanac Extreme Women’s Parent Crazy price Modern and stylish fashion Extreme speed logistics 4a53525 - 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.”

Gentleman/Lady Gabor Women’s Casual-Almanac Loafers B07624BG12 Casual-Almanac Extreme Women’s Parent Crazy price Modern and stylish fashion Extreme speed logistics 4a53525

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 *

Easy Spirit Motion Womens Black Narrow Leather Oxfords Shoes Size UK 4.5 B0002QRZQY ParentMan/Woman Hotter Women’s Glove Loafers B075GP9RDN Parent quality Year-end sale At an affordable priceFinn Comfort Men's Vaasa Derby B0009BMA6M Parent , Man's/Woman's Easy Spirit Women's Motion B000F5W2ZG Parent Best-selling worldwide low cost Famous store , Reebok Work Women's Jorie RB110 Athletic Safety Shoe B000A29HL6 Parent , Propet Women's W3915 Vista Walker Sneaker,Bone Smooth,7 W (US Women's 7 D) B000BO8J1C ParentReebok Work Women's Jorie Black Boot B000A2E9IW Parent , Hotter Women’s Dorset EXF Loafers B07FN67WBV ParentGentlemen/Ladies Dark Pop B000CAESV0 Parent Packaging diversity Preferred material Brand feastGentleman/Lady Gabor, Women's, Hertha, Loafers B00O0NCZ5Q Parent Beautiful design a variety of Caramel, gentleGentlemen/Ladies Rose Colored Glassses B000CA71E6 Parent Crazy price Upper material Outstanding style , Bates Women's Leather DuraShocks Shoe B000H6300O ParentFinn Comfort Men’s Vaasa Derbys B0009BNVN8 Parent , Men/Women Career High B000K981Q6 Parent Easy to use excellent Maintenance capability , Rohl C7089.6034 Country Bath Supply Line Hose B000I5GHKE Parent , Sperry Top-Sider Bluefish 2-Eye Nubuck Loafers Woman B000QTJV5A Parent , Man/Woman Hund B000TM07RA Parent Attractive and durable Carefully selected materials Maintenance capabilityDrew Shoe Women's Parade II B000VSXS7S ParentMan/Woman Jam Down Riddim Driven B000QFBTTA Parent Long-term reputation Settlement Price Comfortable and natural , Silly Songs with VeggieTales: Annie B000Y0EZBQ ParentSilly Songs with VeggieTales: Annika (ANN-ick-uh) B000Y0EZC0 ParentSilly Songs with VeggieTales: Greyson B000Y0IW8S Parent , V-CREEPER02 Vegan Creeper w/2" Platform colors, Size: 14 UK,Color: Wht Pu B000YQXYG2 Parent , Gentleman/Lady Pleaser Women's Chic-60 Sandal B00125SJGE Parent Fine workmanship Affordable Different styles and styles , Sky Full Of Angels [Accompaniment/Performance Track] B000XULNZI Parent , VANELi Womens Aleria Closed Toe Loafers, Black Suede, Size 8.0 US / 6 UK US B0013LJHMM Parent , Demonia CHARADE-05 4 1/2" Goth Punk Platform Lolita Mary Jane Eyelette Strap, Color Black, US Size:11 B0013PLRY4 ParentMan/Woman Believe in Me B0013NASOQ Parent Ideal gift for all occasions Has a long reputation General productFootprints ''Beverley'' from Leather in Black B0013VLZ04 Parent ,

Time limit is exhausted. Please reload CAPTCHA.

Gentleman/Lady Gabor Women’s Casual-Almanac Loafers B07624BG12 Casual-Almanac Extreme Women’s Parent Crazy price Modern and stylish fashion Extreme speed logistics 4a53525 - salonsevendallas.com