Xnxdiao 25542 Beach diving shoes, spring summer lovers, swimming shoes, swimming B07FYV1RSW feet, beach, leisure, outdoor, fast drying shoes... B07FYV1RSW Parent b2c5215 - 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.”

Xnxdiao 25542 Beach diving shoes, spring summer lovers, swimming shoes, swimming B07FYV1RSW feet, beach, leisure, outdoor, fast drying shoes... B07FYV1RSW Parent b2c5215

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 *

Zonlin Women Casual Flat Sandals Summer Beach Flip-Flops Shoes B07G5R7GCS Parent , Minshao Fashion Women Pionted Toe Buckle Sandals Casual Comfortable Work High Heel Party Shoes B07G71RR79 Parent , Longra Fashion Womens Leather Block Heel Sandals Open Toe Heels Ladies Girls Rhinestone Sexy High Shoes Ankle... B07G72WP1K ParentMinshao Fashion Women Ladies Pointed Toe Sandals Ankle High Heels Party Leisure Shoes B07G73Q431 Parent , Miss Image UK Womens Pearl Stud Flatform Wedges Sandals Peep Toe Ladies Platform Shoes Size B07G6S1BK9 Parent , Minshao Women Casual Flat Round Toe Sandals Soft Running Gym Slip-on Shoes   B07G76VRNW Parent , Womens Ladies Wedding Bridal Shoes Rhinestone Detailing T-Bar Wedge Heel Comfortable Evening Party Sandals (Black... B07GCQNDPG ParentWomens Ladies Casual Shoes Ankle Strap Buckled Stiletto Mid Heel Comfy Everyday Sandals Sizes 3-8 UK B07GC1G1Q2 ParentMinshao Fashion Women Sandal Pointed Toe Ankle High Heels Party Jobs Flock Single Shoes B07G76149N Parent , Womens Ladies Casual Comfy Shoes Strappy Open Toe Wedge Heel Everyday Sandals Sizes 3-8 UK (Gold, Silver, Black) B07GC2DHH5 Parent , Womens Ladies Everyday Shoes Strappy Open Toe Wedge Heel Casual Comfortable Sandals Sizes 3-8 UK (Gold, Champaign... B07GC24JH6 ParentWomens Ladies Prom Shoes Crystal Encrusted Open Toe Stiletto Evening Slipons Sandals Sizes 3-8 UK (Black, Silver... B07GCNQ5Y2 ParentByste Fashion Women Flock Pointed Toe Sandals Ankle High Thin Heels Party Single Shoes Ladies Sexy Metal Toe Ankle... B07G9KB6T3 ParentWomens Ladies Evening Shoes Embellished Open Toe Block Heel Bridal Wedding Party Sandals (Black, Silver, Gold)... B07GCQ5RG5 Parent , Women Ladies Diamante Evening Wedding Party Prom Bridal High Heel Open Toe Sandal Shoes Size (Gold, Silver, Red... B07GCNNGRG ParentWomen Shoes, Bestoppen Cartoon Glowing Light Shoes Non-Slip Cute Home Care Shoes Kids Sandals for Women B07GXVQPNW Parent , Womens Ladies Evening Shoes Crystal Decorated Open Toe Stiletto Wedding Bridal Slipons Sandals Sizes 3-8 UK (Black... B07GCP46S1 Parent , Mxssi Womens Wedge Casual Shoes Open Toe Sandals Buckle Mid Heel Shoes Black Solid Color Sandals Retro Pumps Summer... B07GK31299 ParentWomens Ladies Evening Shoes Glittery Open Toe Wedge Heeled Party Bridal Espadrille Slide in Sandals (Black, Silver... B07GCQJQ1V ParentFrestepvie Womens Slippers Thongs Leather Woman High Wedge Heel Summer Sandals Comfortable Beach Shoe Vintage... B07GCZ3K8X Parent , Womens Ladies Evening Rhinestone Buckled T-Bar Ankle Strap Open Toe Stiletto Party Bridal Sandals Shoes Sizes... B07GCRSM3Z Parent , Women Casual Ankle Strap Sandals Roman Flat Clip Toe Flat Ladies Shoes B07GDFDL6L ParentMxssi Brown Clip Toe Flat Sandals for Womens Large Size Casual Round Toe Shoes Fashion Bohemia Flip-Flop Sandals... B07GJJRWF3 ParentWomen High-Heel Boots,HOMEBABY Autumn High Heels Sandals Shoes Pointed Toe Strappy Martain Boots B07GHBHW3V ParentMinshao Women Peep Toe Sandals Breathable Beach Boho Bukcle Strap Casual Wedges Shoes B07GDDRQZN Parent , Juleya Ladies Black Sandal Buckle Sandal Mid Heel Shoes Elegant Leisure Wedge Peep Toe Sandals Holiday Vacation... B07GJJRK4M ParentFortuning's JDS® Fashion Retro Design Beaded Summer Shoes Beautiful Flat Sandals B07GN4GBVR Parent , Jamicy Casual Shoes, Women's Shoes Lady Flats Sandals Leather Ankle Casual Slipper Soft Shoes B07GK7J44T Parent , Mee Shoes Women's Charm High Heel Slip On Sandals B07GHB829G Parent

Time limit is exhausted. Please reload CAPTCHA.

Xnxdiao 25542 Beach diving shoes, spring summer lovers, swimming shoes, swimming B07FYV1RSW feet, beach, leisure, outdoor, fast drying shoes... B07FYV1RSW Parent b2c5215 - salonsevendallas.com