AgooLar Women's Square-Toe Kitten-Heels nhta-30201 Pull-On Solid Pumps-Shoes, B07H7HT88D GMDDA009622 B07H7HT88D Kitten-Heels Parent 1d58f55 - 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.”

AgooLar Women's Square-Toe Kitten-Heels nhta-30201 Pull-On Solid Pumps-Shoes, B07H7HT88D GMDDA009622 B07H7HT88D Kitten-Heels Parent 1d58f55

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 *

AalarDom Women's Buckle Kitten-Heels Microfiber Solid Pumps-Shoes, TSDDG001660 B07H7KKH9N ParentAalarDom Women's Pu Pull-On Closed-Toe Low-Heels Pumps-Shoes, TSDDH001466 B07H7KR3WP ParentAalarDom Women's Solid Pu Low-Heels Pull-On Round-Toe Pumps-Shoes, TSDDG002190 B07H7L2LZK ParentAalarDom Women's Round Closed Toe Blend Materials Solid Pull-On Pumps-Shoes, TSDDH003241 B07H7KR3WS ParentAdeeSu Womens Travel Platform Solid Beaded Leather Pumps Shoes SDC05857 B07H7MJ9RP Parent , AalarDom Women's Blend Materials Square Closed Toe Solid Pull-On Pumps-Shoes, TSDDH003612 B07H7L2M16 ParentAdeeSu Womens Dance-Ballroom Mule Platform Urethane Pumps Shoes SDC05855 B07H7MLH8V ParentAalarDom Women's Low-Heels Pull-On Pu Round Closed Toe Pumps-Shoes, TSDDH002825 B07H7L2ZCZ ParentSJJH Women Autumn Court Shoes B07H7MXDXM Parent , AdeeSu Womens Medallion Platform Casual Urethane Pumps Shoes SDC05861 B07H7ML8DN ParentAdeeSu Womens Bows Solid Travel Urethane Pumps Shoes SDC05927 B07H7Y8RMC Parent , SJJH Women Synthetic Fur Fall Court Shoes B07H7MSS96 Parent , AN Womens Cone-Shape Heel Pointed-Toe Imitated Suede Pumps Shoes DGU00682 B07H7Z62VG ParentSJJH Women Synthetic Fur Court Shoes B07H7P7J2D ParentAdeeSu Womens Quilted Dress Smooth Leather Urethane Pumps Shoes SDC05866 B07H7ZHFRR Parent , AdeeSu Womens Assorted Colors Medallion Dress Urethane Pumps Shoes SDC05900 B07H7YFCNX Parent , 1TO9 Womens Nubuck Toggle Novelty Urethane Pumps Shoes MMS06348 B07H7ZLDHR ParentAdeeSu Womens Dress Solid Travel Urethane Pumps Shoes SDC05878 B07H7Z65CP ParentAN Womens Square Heels Hollow Out Imitated Suede Pumps Shoes DGU00683 B07H7ZJFF8 Parent , AdeeSu Womens Assorted Colors Dance-Ballroom Urethane Pumps Shoes SDC05934 B07H7ZQ5MK ParentAdeeSu Womens Charms Studded Platform Urethane Pumps Shoes SDC05871 B07H7ZNZXY ParentAdeeSu Womens Embroidered Smooth Leather Structured Urethane Pumps Shoes SDC05914 B07H7ZQWVZ Parent , 1TO9 Womens Solid Beaded Casual Urethane Pumps Shoes MMS06347 B07H7ZQWPB Parent1TO9 Womens Hounds-Tooth Polka-Dots Mule Urethane Pumps Shoes MMS06352 B07H7ZT26R ParentAdeeSu Womens Business Solid Structured Urethane Pumps Shoes SDC05916 B07H7ZRYT4 Parent , AdeeSu Womens Studded Platform Dress Urethane Pumps Shoes SDC05923 B07H815Q7R Parent , 1TO9 Womens Travel Solid Pointed-Toe Urethane Pumps Shoes MMS06345 B07H8142LW ParentAN Womens Metal Buckles Elastic Band Cow Leather Pumps Shoes DGU00689 B07H81CX55 Parent1TO9 Womens Studded Dance-Ballroom Beaded Urethane Pumps Shoes MMS06351 B07H819V1Z Parent ,

Time limit is exhausted. Please reload CAPTCHA.

AgooLar Women's Square-Toe Kitten-Heels nhta-30201 Pull-On Solid Pumps-Shoes, B07H7HT88D GMDDA009622 B07H7HT88D Kitten-Heels Parent 1d58f55 - salonsevendallas.com