XYJHER Flat Sandals Women'S Sandals Women'S nhta-22200 Shoes,Sandals, Flat Bottomed Shoes Diamond, Toe Sandals, Bohemia Shoes And Sandals. B07DGZM2LB Parent ffa5932 - 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.”

XYJHER Flat Sandals Women'S Sandals Women'S nhta-22200 Shoes,Sandals, Flat Bottomed Shoes Diamond, Toe Sandals, Bohemia Shoes And Sandals. B07DGZM2LB Parent ffa5932

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 *

GTVERNH Women'S Shoes/Muffins Women'S Shoes Sandals Slope Heels Thick Bottomed And Wild B07DHFZ7XH Parent , GTVERNH Women'S Shoes/12Cm High Heels Sandals Summer Women'S Shoes Thick Bottomed Muffin Cave Shoes Slope Heel... B07DHG5DQ2 Parent , GTVERNH Women'S Shoes/Buckle 6Cm High Heels Sandals Female Summer Rome Rough Heels Students. B07DHG7DLR ParentGTVERNH Women'S Shoes/Muffin Thick Bottom Sandals Summer Cross Rome Slope Heel Sandals. B07DHGM97M ParentGTVERNH Women'S Shoes/Thick Bottom Sandals Summer Toes Buckles Heighten Women'S Shoes Muffins Rome Shoes. B07DHH1RT4 Parent , Aa-nvliangxie Slope And Sandals 2018 Summer Slam Buckles Fish Mouth Slope And Women'S Shoes. B07DHHWRMR ParentAa-nvliangxie 2018 Summer White High Heel With Muffin Bottom Sandals High Slope And Waterproof Table Fish Mouths... B07DHJ8KT2 ParentAa-nvliangxie Sandals 2018 Summer High Heel Straps Women'S Shoes 12Cm High Heels And Fish Mouths B07DHJH5H1 ParentMUYII Women's High-heeled Sandals Sandals Four Seasons Fashion Shoes B07DHR4TLQ Parent , MUYII Women's Fashion High Heels Embroidery Fine With Pointed Shoes B07DHS1MSG ParentMUYII Women 's Shoes With High - Heeled Shoes Hollow Suede Head Baotou Sandals B07DHS2RWM Parent , Women's Sandals High Heels Comfortable Clasp Pumps Strappy Evening Party Shoes Comfortable B07DHSG9C5 Parent , ZHIFENGLIU Fashionable Women's Shoes Suede Embroidered Rough Heel Sandals B07DJ4M4HH ParentRivet Sandals Women Temperament Ankle Strap Buckle Open Toe Thick Heel Rome Shoes Dorsay High Heel For Formal... B07DJ6TTYR ParentSummer Ankle Strap Suede Heel Sandals Roman High Heel Women's Shoes For Ladies Open Toe Prom Pumps B07DJ74W24 ParentSexy Sequins High Heel Pointed Close Toe Stiletto Women's Wedding Court Shoes Pump Bar Sandals Nightclub Shoes B07DJ7SQ5G ParentNightclub Sequins High Heel Pointed Close Toe Womens Sandals Court Shoes Ankle Strap Buckle Stiletto Pump Wedding... B07DJ84KYK Parent , Women's Sequins High Heel Sexy Stiletto Pointed Close Toe Sandals Ankle Strap Buckle Pump Wedding Bar Court Shoes B07DJ8H1VG ParentWomen Nightclub High Heel Pointed Close Toe Sexy Fashion PU Court Shoes Metal Hollow Sandals Prom Bar Shoes B07DJ8KSC5 Parent , Women's Shoes Ties Wedge Heels High Heel Sandals Summer Buckle Open Toe Suede Pumps For Girls Ladies Prom Office... B07DJ8TCWH Parent , Women Sandals Thick Heel Open Toe Heels Suede Closed Toe Cut Out Pumps For Evening Party Roman Shoes B07DJ91WM6 ParentHigh Quality Women's Summer Flat Sandals Bohemian Lightweight Casual Shoes With Open-toe Sandals Upgraded Version B07DJD61MJ ParentHigh Quality Women's Sandals Platform Casual Shoes Wedge Heels Slip Toe Braided Flat Student Sandals Large Size... B07DJDJN26 Parent , HAOYUXIANG Fashion Beach shoes sandal bohemian beaded big yard shoes (Color : Black, Size : 40) B07DJG1ZGV Parent , HAOYUXIANG Outdoor Leisure Cool Drag bohemian beaded slope with big yard sandals fashion beach shoes (Color :... B07DJDYKF9 Parent , Women's High Heels Wedding Shoes Hot Diamond Sexy Feather Sandals Feather Sandals Wedding Shoes Jazz Dancing Size B07DK6ZRZP Parent , HAOYUXIANG Fashion Cool Drag Korean version sandal Bohemian heel shoe beaded big yard casual shoes (Color : Apricot... B07DJG81CN Parent , High Quality Ms. Summer High Heel Sandals Hi-Top Flat Sandals Sports Casual Shoes Upgraded Version B07DKGQ871 ParentHigh Quality Women's High Heel Sandals Belt Sandals Fashion Party Shoes Upgraded Version B07DKGYP59 Parent

Time limit is exhausted. Please reload CAPTCHA.

XYJHER Flat Sandals Women'S Sandals Women'S nhta-22200 Shoes,Sandals, Flat Bottomed Shoes Diamond, Toe Sandals, Bohemia Shoes And Sandals. B07DGZM2LB Parent ffa5932 - salonsevendallas.com