Demonia high Dolly-09 - sexy gothic comfort/ platform high heels - shoes sizes 3-13, Size:EU-46/ US-15/ UK-12 B00A4807KG Parent c43f825 - 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.”

Demonia high Dolly-09 - sexy gothic comfort/ platform high heels - shoes sizes 3-13, Size:EU-46/ US-15/ UK-12 B00A4807KG Parent c43f825

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 *

Men/Women Slowlies 411-, Beige B00CNSQHS6 Parent Complete specification range cheapest Elegant and robust menu , Men's/Women's Calvin Klein Womens Ankle B00CUDEM40 Parent excellent quality Attractive fashion Popular tide shoesElegante High heel sandal from Charisma in Golden B00CDJVCZ8 Parent , Fabulicious by Pleaser LIP-115 Platform Sandal Women's Black Pu/Black Matte B00DGIHCP4 Parent , Pleaser Women's Car401/Ct/C Platform Sandal B00DMK0XQG ParentSanuk Women's Runaround Jute Flat B00DQZ6P28 Parent , Gentlemen/Ladies ara Verona B00D080BJY Parent High security Quality First Beautiful and charmingMen's/Women's Naot Womens Malibu Sandals B00DS6YA90 Parent Modern and elegant fashion Elegant and sturdy packaging business , Luxury Rebel Women Wedges light brown LR-JADE B00EK0FFK6 ParentFabulicious Women's Belle 301RS Dress Sandal B00DULP4SE ParentPropét Women's Merlin Poppy 7 X B00ED7OOR6 Parent , Fabulicious COCKTAIL-501SDT Clr/Blk UK 4 (EU 37) B00DULUDC6 Parent , Naot Women's Lena Wedge Sandal B00DS71GLY ParentMen's/Women's Northside Women's Corona Sandal B00E7OOKGU Parent High-quality The latest technology SimpleNaot Women's Bilbao Wedge Sandal B00DS6XKO6 Parent , Kurt Geiger "Julius Black Leather Strappy Summer Sandals B00EF47PWI ParentFabulicious COCKTAIL-501SDT Rhinestone Studded Platform Slide Clear/Black B00DULUCB8 ParentLuxury Rebel Women Sandals brown LR-FERN B00EK0FHS6 Parent , Clarks Women's Amelia Avery Wedge Sandal B00DY8ZUBO ParentLuxury Rebel Women Slingbacks cream LR-PEARL-CREAM B00EK0FQU0 Parent , Luxury Rebel Women Heeled sandals beige LR-JEN-TAN B00EK0FMJA Parent , Luxury Rebel Women Sandals beige LR-RUBIN-BROWN B00EK0FZBU Parent , Mr/Ms Remonte Women’s Ankle B00F88EZH8 Parent bargain Quality and quantity guaranteed Good qualitySanita Vana Womens Leather Adjustable Straps Sandal B00EKWRVHO Parent , Luxury Rebel Damen Slingbacks Braun LR-PEARL-TAN B00EK0FRG8 Parent , Sbicca Women's Tahiti Wedge Sandal B00F0NV8NA ParentGentlemen/Ladies Sanita Women's Destiny Mule B00EKWNHLI Parent Great variety New products in 2018 Very good color , Pleaser Women's Ctail509/b/c Platform Sandal B00FB4DVG0 Parent , SIR Safety Unisex-Adult Camaro Black Sandal Safety Shoes 22018 - EN safety certified B00G48RFLO Parent

Time limit is exhausted. Please reload CAPTCHA.

Demonia high Dolly-09 - sexy gothic comfort/ platform high heels - shoes sizes 3-13, Size:EU-46/ US-15/ UK-12 B00A4807KG Parent c43f825 - salonsevendallas.com