T.T-Q Parent Women's Dance Shoes Satin nhta-30250 Leather Dance Stiletto Heel Blue B07FN3GM35 Parent 7a43837 - 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.”

T.T-Q Parent Women's Dance Shoes Satin nhta-30250 Leather Dance Stiletto Heel Blue B07FN3GM35 Parent 7a43837

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 *

KPHY Women'S Shoes/Summer Square Square Comfortable Black Flat Shoes Soft Bottom Shoes Ladies' Shoes.Thirty-Six... B07FN7B69J ParentKPHY Women'S Shoes/Spring Metal Buckle Coloured Cloth Shallow Square Square Head Anti Slip.Thirty-Five Yellow B07FN7BK7Z ParentKPHY Women'S Shoes/Fashionable Golden Dress Spring Bow Comfortable And Shallow Pointed Anti Slip Sole Shoes.Thirty-Nine... B07FN7BK82 Parent , KPHY Women'S Shoes/Sweet Fairy Shoes Summer Hollow Shallow Square Flat Bottomed Hole Shoes Soft Sole Shoes.Thirty-Five... B07FN7BZF3 ParentKPHY Women'S Shoes/Summer Simple Comfortable Flat Bottom Slippers Green One Type Soft Bottom Drag Thirty-Six Green B07FN7DH1T ParentKPHY Women'S Shoes/Spring Diamond Buckles Slip Bottomed Soft Sole Single Shoes Working Shoes.Thirty-Five Pink B07FN7DKHS ParentKPHY Women'S Shoes/Summer Simple Comfortable Flat Bottom Slippers Green One Type Soft Bottom Drag Thirty-Five... B07FN7F3LP ParentKPHY Women'S Shoes/In Spring And Autumn Are Flat And Flat.Thirty-Six Blue B07FN7FRXN Parent , KPHY Women'S Shoes/Summer Square Square Comfortable Black Flat Shoes Soft Bottom Shoes Ladies' Shoes.Thirty-Seven... B07FN7HQQ2 Parent , KPHY Women'S Shoes/In Autumn Lacquer Skin Has A Shallow Pointed Tip Low Heel Shoes And Mother Shoes.Thirty-Six... B07FN7HQQ4 ParentKPHY Women'S Shoes/Sexy Walking Fish Mouth 13Cm Super High Heel Waterproof Table Metal Drill With Golden Thirty-Seven B07FN7J5ZP ParentKPHY Women'S Shoes/Summer Fashion Embroidery Hollowed Out Shallow Pointed Comfortable Flat Bottomed Working Shoes.Forty... B07FN7JJB4 Parent , KPHY Women'S Shoes/Spring Metal Buckle Coloured Cloth Shallow Square Square Head Anti Slip.Thirty-Eight Yellow B07FN7PBQR Parent , KPHY Women'S Shoes/Thin Spring Side Air Weaving Bow Tie Low Profile Shoes Work Shoes Women'S Shoes.Thirty-Five... B07FN7PWLX Parent , KPHY Women'S Shoes/In Spring And Autumn Are Flat And Flat.Thirty-Five Blue B07FN7PWM2 Parent , KPHY Women'S Shoes/Spring Casual Are Thicker Inside 10Cm High Heels Muffins Sneakers Single Shoes Cloth Shoes.38... B07FN7QC29 ParentKPHY Women'S Shoes/Autumn Wrinkle Cloth Square Head Shallow Mouth Antiskid Flat Bottomed Work Shoes Single Shoes.Thirty-Eight... B07FN7QDN6 Parent , KPHY Women'S Shoes/Summer Fashion Embroidery Hollowed Out Shallow Pointed Comfortable Flat Bottomed Working Shoes.Thirty-Nine... B07FN7RCTF Parent , KPHY Women'S Shoes/In Spring And Autumn Are Flat And Flat.Forty-One Gules B07FN7QTJW Parent , KPHY Women'S Shoes/In Spring And Autumn Are Flat And Flat.Thirty-Seven Blue B07FN7S7PN ParentKPHY Women'S Shoes/Elegant Summer Plain Printed Buckles Low Heel Shoes Single Shoes.Thirty-Seven Blue B07FN7SRXH ParentKPHY Women'S Shoes/Simple Net Gauze Summer Low And Comfortable Shallow Pointed Square Shoes.Thirty-Seven Gray B07FN7TQNH Parent , KPHY Women'S Shoes/Spring Diamond Buckles Slip Bottomed Soft Sole Single Shoes Working Shoes.Thirty-Nine Pink B07FN7SRZ8 ParentKPHY Women'S Shoes/Simple Side Empty Flat Shoes Comfortable Anti Slip Soft Bottom Pregnant Summer Thirty-Six Black B07FN7TQNN ParentKPHY Women'S Shoes/Spring And Autumn Top Flat Bottom Soft Bottom Shallow Work Shoes Skid And Leisure Women'S Shoes.Thirty-Eight... B07FN7VMCD ParentKPHY Women'S Shoes/Women'S Shoes/In The Autumn And Winter Leather Shoes Leather Shoes And Sponge Shoes.Thirty-Nine... B07FN7VQ2N Parent , KPHY Women'S Shoes/Ladies' Slippers In Summer Woven Mesh Cloth Bread Head Flat Bottom Slippers Women'S Shoes.Thirty-Six... B07FN7WR34 Parent , KPHY Women'S Shoes/In Autumn Lacquer Skin Has A Shallow Pointed Tip Low Heel Shoes And Mother Shoes.Thirty-Eight... B07FN7WXJC ParentKPHY Women'S Shoes/Simple Side Empty Flat Shoes Comfortable Anti Slip Soft Bottom Pregnant Summer Forty Black B07FN7WXJL Parent ,

Time limit is exhausted. Please reload CAPTCHA.

T.T-Q Parent Women's Dance Shoes Satin nhta-30250 Leather Dance Stiletto Heel Blue B07FN3GM35 Parent 7a43837 - salonsevendallas.com