JING Female 29751 coarse Female heel shoes In nhta-29751 the spring with high-heeled female size, shallow mouth single shoes Parent B07CDVJ3KR 3012305 - 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.”

JING Female 29751 coarse Female heel shoes In nhta-29751 the spring with high-heeled female size, shallow mouth single shoes Parent B07CDVJ3KR 3012305

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 *

adidas outdoor Women's Terrex Choleah Sneaker CW Walking Shoe, Black/Black/Chalk White, 5 M US Parent B01MY5D08Padidas outdoor Women's Terrex Choleah Sneaker CW Walking Shoe, Black/Black/Chalk White, 7.5 M US Parent B01N3113T8 , Miyoopark KL217 Women's T-Strap Leather Latin Salsa Tango Evening Sandals Parent B01JD35HLGadidas outdoor Women's Terrex Choleah Sneaker CW Walking Shoe, Black/Black/Chalk White, 5.5 M US Parent B01MZ6SNLU , Men Women Air Running Shoes Shock Absorbing Trainers Unisex Sneakers for Multi Sport Athletic Jogging Fitness... Parent B07CND6N4L , New Balance Ml574vn, Unisex Adults’ Trainers Parent B0061JIE34MINITOO GL262 Women's T-Strap Gold Glitter Practice Dance Shoes Evening Pumps UK 8 Parent B078GM55X2 , Gola Women’s Ala873 Running Shoes Parent B077NL3VV2MINITOO GL262 Women's T-Strap Gold Glitter Practice Dance Shoes Evening Pumps UK 5 Parent B078GMR9J5 , MINITOO GL262 Women's T-Strap Gold Glitter Practice Dance Shoes Evening Pumps UK 6.5 Parent B078GMRHV2 , MINITOO GL262 Women's T-Strap Gold Glitter Practice Dance Shoes Evening Pumps UK 4 Parent B078GMX49SMINITOO GL262 Women's T-Strap Gold Glitter Practice Dance Shoes Evening Pumps UK 2 Parent B078GQS39J , MINITOO GL262 Women's T-Strap Gold Glitter Practice Dance Shoes Evening Pumps UK 7 Parent B078GQTTYBMINITOO GL262 Women's T-Strap Gold Glitter Practice Dance Shoes Evening Pumps UK 3 Parent B078GRPJKL , ThiKin Lightweight Mesh Soft Shoes Casual Sneakers Sneakers Shoes Parent B07GLY2QWVMan's/Woman's Asics Womens Dynamis Shoes Parent B074HGL95F the most convenient Win highly appreciated Fashion versatile shoesAsh Lucky Knit Womens Trainers Parent B074L7GYMR , SeniorMar Breathable Sneakers Mesh Upper Shock Absorption Lightweight Shoes Casual Running Shoes Outdoor Sports... Parent B07GR68YZKMizuno Women’s Wave Ultima 10 Low-Top Sneakers Parent B07DVK6XZV , Man/Woman T-Shoes Women's Trainers Parent B018IMVPOQ Many styles Clearance Elegant and solemn , Nike Flex Contact Gs, Girls’ Fitness Shoes Parent B00BPJW3KA , Skechers Women’s 15375 Slip on Trainers Parent B072KP4H92High upper leather hiking shoes autumn and winter waterproof non-slip and durable outdoor sports shoes for trekking... Parent B074CT7CVSTIGER CORSAIR VIN Shoes Tiger INDIA INK/LATTE 2017 Onitsuka Tiger 6 (US) INDIA INK/LATTE Parent B01N4URBTL , Byste Women Fashion Mesh Round Cross Straps Flat Sneakers Running Shoes Casual Shoes Parent B07DYQHGGGSkechers Go Fit 2 Presto, Women Hi-Top Sneakers Parent B00Q4YIWKG , WYMNAME Womens Latin Dance Shoes Modern Dance Square Dance Shoes Sandal Parent B07CVLN3HXNike WMNS Air Max Plus Special Edition Women's Sneaker Yellow 862201 700, Size:38.5 Parent B073D15MGGNike WMNS Air Max Plus Special Edition Women's Sneaker Yellow 862201 700 Parent B073D3GBP2 ,

Time limit is exhausted. Please reload CAPTCHA.

JING Female 29751 coarse Female heel shoes In nhta-29751 the spring with high-heeled female size, shallow mouth single shoes Parent B07CDVJ3KR 3012305 - salonsevendallas.com