Women's Fish B07G4KL384 Mouth Ankle Parent Straps Open Toe Day Sandals Wood Grain Wedge Heels High Day Length Dress Shoes (Heel Height... B07G4KL384 Parent 2d37b6a - 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 Fish B07G4KL384 Mouth Ankle Parent Straps Open Toe Day Sandals Wood Grain Wedge Heels High Day Length Dress Shoes (Heel Height... B07G4KL384 Parent 2d37b6a

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 *

Women's Metal Rivet Decoration Flat Slippers Rome T-Shaped Word Band Beach Shoes Long Day Wear Fashion Shorts... B07GNNJLLK Parent , LFF.FF Women's Pointed Sandals Open Toe Fine Sardinbu Tassel Overheight Banquet Shoes Nightclub Shoes Wedding... B07GGYN8ZT ParentWomen's Fish Mouth Slingback Sandals Waterproof Platform Tassel Front Zipper Stiletto Heel Boots Dinner Prom Dress... B07GLP4GS8 Parent , Women's Metal Fish Mouth Slingback Sandals Ankle Strap Buckle Slim High Heel Booties Long Day Wear Dress Shoes... B07GK348BR Parent , Women's Candy Colors Cross Belt Super High Heel Sandals Ankle Strap Buckle Stiletto Fashion Banquet Evening Dress... B07GNMYB8G Parent , LFF.FF Women's Pointed Open Toe Word Band Fine Sexy Increase Ankle Boots Sandals Banquet Shoes Wedding Shoes Nightclub... B07GH6ZGBV Parent , flip Flops Women's Summer Roman Sandals Low-Heel Comfort Flat Black Toe Sandals Platform Shoes B07GLDV1PF ParentZxstz Ladies Peep Toe High Heels Sandals Shoes Wedding Party Pumps Dress Shoe B07GLW1DH9 ParentZxstz Womens Wedding Peep Toe Shoes High Heels Sandals Party Dress High Heel work shoes B07GLW5Y7Z Parent , XIE Ladies Sandals Rhinestones Rough heel Bohemian Diamond Insert Roman style Formal Wedding Shoes Banquet Red... B07GH7HMHG ParentZxstz Ladies Peep Toe Wedding Pumps Dress Shoe Evening Party Prom platform Classic Heeled Sandals B07GLX5NFW ParentXIE Ladies Sandals Summer Color Rhinestones High heel Permeability Diamond Insert Evening Ritual shoes Three Colors... B07GHJFBW4 Parent , Women's Pointed Slingback Sandals Adjustable Ankle Strap Buckle Stiletto Bride Wedding Dinner Dress Shoes (Heel... B07GNMDCY5 Parent , Women's Fish Mouth Slingback Sandals Rome Color Matching Shining Rhinestone Stiletto Banquet Evening Dress Shoes... B07GNLTQLN ParentWomen's Fish Mouth Open Toe Sandals Metal Non-Slip Ankle Strap Buckle Stiletto Long Day Wear Banquet Evening Dress... B07GNNN1PF Parent , LFF.FF Women's Pointed Sandals Fine Package Cross Belt Elastic Band Overheight Sandals Banquet Shoes Wedding Shoes... B07GGZMQJC ParentWomen's Word Band Tassel Beach Shoes Non-Slip Fashion Leisure Vacation Sand Drag Long Day Wear Shorts Shoes (Heel... B07GNP1XY4 Parent , XIE Ladies Sandals Gong que High heel Rhinestones Summer Wedding Shoes Banquet Fine with Diamond Insert Red 8cm B07GH2Q1W9 ParentWomen's Pointed Slingback Sandals PVC Adjustable Ankle Strap Buckle Stiletto Long Day Wear Fashion Muller Shoes... B07GNQJ26V Parent , Zxstz Womens Wedding Peep Toe Cross belt Shoes High Heels Sandals Party Dress High Heel B07GLX4255 Parent , Women's Fish Mouth Open Toe Sandals Ankle Strap Diamond Buckle Color Matching High Heels Charming Banquet Evening... B07GPXC781 Parent , Women's Pointed PVC High-Heeled Sandals Transparent Adjustable Ankle Strap Buckle Fine High Heel Sandals Long... B07GNPSJMH Parent , Women's Metal Rivet Flat Slippers Round Head Open Toe Rome Beach Shoes Everyday Wear Fashion Banquet Shoes (Heel... B07GNNN1QH Parent , Women's Round Head Open Toe Sandals Regular Word Band Flower Stilettos Bar Banquet Evening Dress Ballroom Shoes... B07GQTLK2G Parent , LY High-Heeled Shoes Shoes Tip Diamond Buckle Sexy Thin Sandals B07H2F8Q27 Parent , XIE Ladies Sandals Roman style Rhinestones In and Summer Horseshoe and Wedding Shoes Banquet Party Formal Daily... B07GQWVVW1 ParentXIE Ladies Sandals Summer Rhinestones Diamond Insert Crystal Fine Heels Banquet Wedding Shoes Daily Comfortable... B07GXFNJZK ParentCWJ High-Heeled Pointed Women'S Shoes with Rivets Fine with Baotou Mulei Shoes Women Sandals B07GPZRDSP ParentLY High-Heeled Shoes Sexy Transparent Crystal Shoes 15Cm Fine with Waterproof Fashion Sandals B07H2D7YNB Parent

Time limit is exhausted. Please reload CAPTCHA.

Women's Fish B07G4KL384 Mouth Ankle Parent Straps Open Toe Day Sandals Wood Grain Wedge Heels High Day Length Dress Shoes (Heel Height... B07G4KL384 Parent 2d37b6a - salonsevendallas.com