Top Shishang Leather booties Shishang autumn and winter retro Martin Martin Top boots frosted thick bottom tie casual B07H71YVQC Parent 66e0116 - 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.”

Top Shishang Leather booties Shishang autumn and winter retro Martin Martin Top boots frosted thick bottom tie casual B07H71YVQC Parent 66e0116

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 *

Sandalette-DEDE Europe and the United States wind side with metal decoration knee boots boots code big Knee Boots B07H7MJRHM Parent , Sandalette-DEDE Europe and the United States autumn winter super high heel boots and rough Knee Boots B07H7MJRJP Parent , INC International Concepts Womens Frankii Leather Closed Toe Mid-Calf Fashion. B07H7MZL1B ParentMen's/Women's PINKAI Women’s Biker Boots B07H7NKFL2 Parent Packaging diversity Highly praised and appreciated by the consumer audience Lightweight shoes , Gentleman/Lady Tamaris Women’s Slouch Boots B07H7QHRYS Parent durable Settlement Price Fine wild , Raquel Perez Ankle Boot Made of Leather with Elastics and Plateau B07H7RXBPS Parent , Top Shishang Flat boots, autumn and winter, leather, tube, leather, Martin boots, fashion casual B07H7Z5HWV Parent , Top Shishang British wind Martin boots tooling boots desert boots outdoor B07H7YZ46Z ParentTop Shishang Fashion boots England wind tube locomotive women's boots B07H85X887 ParentTop Shishang Martin boots boots autumn and winter models British wind retro locomotive B07H7ZCY2Q Parent , Raquel Perez Ankle Boot Made of Leather with Buckles and Low Heel B07H7RC8FZ ParentTop Shishang Leather women's boots autumn and winter boots shorts British wind flat bottom B07H856TKL ParentMustang Women's Navy Low Heel Buckle Zip Up Ankle Boot B07H7VM3NB Parent , ZAPROMA Women’s Genuine Leather Autumn Winter Ankle Zip Up Metal Chain Flat Boots B07H88ZQQ8 Parent , Top Shishang Fashion boots Martin boots fashion autumn and winter models B07H7ZW6XW ParentCalaier Women ankcid 8CM Zipper Block Heel Boots B07H8CBXTZ Parent , Calaier Women ankcia 8.5CM Zipper Stiletto Boots B07H8D274K Parent , KOKQSX-Autumn and winter pointy heads thin heels short boots high heels 10CM Ma Dingxue B07H8FNWFJ Parent , KOKQSX-Pointed head thick heel leather medium 6CM lacquer Martin boots short boots. B07H8FP11K Parent , MAYPIE Womens Toache Leather Zipper Ankle Boots B07H8FP38Z ParentKOKQSX-Autumn and winter high heels 7CM leather boots Martin boots pointcuts short boots. B07H8G1VPS Parent , KOKQSX-High heel frosted pointed medium heeled rough 5CM short boots. B07H8FRXFD Parent , KOKQSX-Leather flat bottomed round head with high 3CM short boots elastic band female Ma Dingxue. B07H8G68LJ Parent , KOKQSX-In autumn and winter short boots sharp heads thin heels middle and 5CM B07H8GCJHF ParentKOKQSX-In autumn and winter short boots sharp pointed thin high leather and high 5CM B07H8GGF19 ParentKOKQSX-Leather velvet bottom Martin boots round head side zipper short boots muffin women's boots. B07H8GFKH8 Parent , KOKQSX-Autumn winter boots leather high heel 6CM velvet Martin boots pointed B07H8GN6W6 ParentKOKQSX-Low heel frosted high heel single boot medium heel 3CM rough heel stretch short boots. B07H8GL782 ParentKOKQSX-Autumn and winter thick heel middle and 5CM single boots Martin boots bare boots short boots. B07H8GSPVJ Parent ,

Time limit is exhausted. Please reload CAPTCHA.

Top Shishang Leather booties Shishang autumn and winter retro Martin Martin Top boots frosted thick bottom tie casual B07H71YVQC Parent 66e0116 - salonsevendallas.com