Xue Qiqi Court shoes Suede with black high side empty Court shoes pointed high heels female fine with sandals buckle women's shoes B07F2MMY8K Parent 2bf1732 - 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.”

Xue Qiqi Court shoes Suede with black high side empty Court shoes pointed high heels female fine with sandals buckle women's shoes B07F2MMY8K Parent 2bf1732

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 *

Xue Qiqi Court shoes Shoes women 5cm fine with butterfly with women's shoes wild black pointed shoes, 35, pink B07F35Y1WN Parent , Xue Qiqi Court shoes Female tipped with Baotou word buckle with hollow shoes Women's mid-heeled shoes, 38, brown B07F35XH4C ParentXue Qiqi Court shoes Shoes female 5cm fine with butterfly with women's shoes wild black pointed shoes, 39, beige B07F3696YD ParentXue Qiqi Court shoes Fan buckle with Roman rivets pointed flat shoes Pumps shoes patent leather shoes, 38, pink B07F35ZQS7 ParentXue Qiqi Court shoes Fan buckle with Roman rivets pointed flat shoes Pumps shoes patent leather shoes, 37, light... B07F36BJNB Parent , Xue Qiqi Court shoes Suede Rivet Cross Straps Small Fresh High Heel Stiletto Heel Shoes, 38, Black B07F36B16C ParentXue Qiqi Court shoes Shoes women 5cm fine with butterfly with women's shoes wild black pointed shoes, 38, black B07F36CWZN ParentXue Qiqi Court shoes Fan buckle with Roman rivets pointed flat shoes Pumps shoes patent leather shoes, 38, light... B07F36CHTL Parent , Xue Qiqi Court shoes Fan buckle with Roman rivets pointed flat shoes Pumps shoes patent leather shoes, 36, white B07F36HZF6 Parent , Xue Qiqi Court shoes Fan buckle with Roman rivets pointed flat shoes Pumps shoes patent leather shoes, 35, white B07F36JM6M ParentXue Qiqi Court shoes Suede Rivet cross strap small fresh high heels fine with women's shoes pointed shoes, 39,... B07F36K2DR Parent , Xue Qiqi Court shoes Female pointed thick with baotou buckle with hollow shoes women with shoes, 34, black B07F36L2TX Parent , Xue Qiqi Court shoes Pointed with a single shoes female shoes female wild side buckle with the shoes 5cm, 37,... B07F36NVS5 ParentXue Qiqi Court shoes Tips with a single shoes female shoes female wild side buckle with the shoes 5cm, 39, pink B07F36TT2D ParentXue Qiqi Court shoes Female pointed thick with baotou buckle with hollow shoes women with shoes, 36, pink B07F36XTHX ParentXue Qiqi Court shoes Pointed with a single shoes female shoes female wild side buckle with the shoes 5cm, 36,... B07F36XGWC Parent , Xue Qiqi Court shoes Single shoes shallow mouth thick with pointed mother shoes with cheongsam with ethnic style... B07F3741YM Parent , Xue Qiqi Court shoes Suede rivet cross straps small fresh high heels fine with women's shoes pointed shoes, 37... B07F36YP2V ParentXue Qiqi Court shoes Shoes women 5cm fine with the butterfly in the shoes with wild black pointed shoes, 39, black B07F37HTDS Parent , Xue Qiqi Court shoes Tip thick with single shoes female shoes female wild side buckle with the shoes 5cm, 35,... B07F37MY8T Parent , Xue Qiqi Court shoes Van word buckle with Roman rivets pointed flat shoes shallow mouth shoes patent leather shoes... B07F37N49V Parent , Xue Qiqi Court shoes Fan buckle with Roman rivets pointed flat shoes Pumps shoes patent leather shoes, 36, light... B07F3B6D4Y ParentXue Qiqi Court shoes Shoes women 5cm fine with butterfly with women's shoes wild black pointed shoes, 38, beige B07F384DYF ParentXue Qiqi Court shoes Tips with a single shoes female shoes female wild side buckle with the shoes 5cm, 38, pink B07F384W85 ParentGTVERNH Women's shoes/summer shoes/Fine Heel Princess Crystal Shoes Cinderella 8Cm High Heels. B07F3MB5F4 Parent , Xue Qiqi Court shoes Shoes women 5cm fine with butterfly in the shoes with wild black pointed shoes, 37, beige B07F38X5G4 Parent , Xue Qiqi Court shoes Shoes women 5cm fine with butterfly with women's shoes wild black pointed shoes, 35, black B07F3CRZ56 ParentXue Qiqi Court shoes Gold velvet low-heeled shoes women's pointed fine with 5cm high heels Butterfly with heel... B07F423CY2 ParentXue Qiqi Court shoes Suede Rivet cross straps small fresh high heels fine with women's shoes pointed shoes, 39... B07F3DH4JP Parent

Time limit is exhausted. Please reload CAPTCHA.

Xue Qiqi Court shoes Suede with black high side empty Court shoes pointed high heels female fine with sandals buckle women's shoes B07F2MMY8K Parent 2bf1732 - salonsevendallas.com