Aisun Parent Women's Daily Peep gamesworld-2360 Toe Buckled Sandals Shoes B074PSJYF8 2360 Parent 1914a84 - 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.”

Aisun Parent Women's Daily Peep gamesworld-2360 Toe Buckled Sandals Shoes B074PSJYF8 2360 Parent 1914a84

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 *

Caprice Matellic and Elasticated Panel Womens Slip On B074ZF2GPN Parent , Hush Puppies Womens jelliane Cassale Open Toe Casual Ankle Strap Sandals B074ZK9BSN ParentHush Puppies Womens/Ladies Lyricale Ankle Strap Summer Beach Sandals B074ZL7D6Q ParentLauren Ralph Lauren Women’s Genevie Heeled Sandal B074ZXX76D Parent , Easemax Women's Chic Open Toe Zip Up Mid Wedge Heel Sandals With Pendants B07517RBTC ParentJack Rogers Women’s Isla Flat Sandal B0751CYQWT ParentEasemax Women's Chic High Wedged Heels Open Toe Platform Floral Print Slip On Slide Sandals B0751F4NHB Parent , Easemax Women's Chic Hot Pink High Wedged Heels Open Toe Platform Slip On Slide Sandals With Floral Decorations B0751JYY6Q ParentMan/Woman Schutz Women’s Jeannine Platform B07524LDGG Parent Complete specification New design Seasonal hot saleSchutz Women’s Jane Heeled Sandal B07528CM7L ParentAmalfi by Rangoni Women’s Doris Wedge Sandal B075297FK5 Parent , Grunland SA1257 ELOI SANDALO Donna P. Asfalto 37 B0752BGGRC Parent , Schutz Allina, Women’s Heeled Sandal B0752FSY4Y Parent , Schutz Women’s Thalia Espadrille Wedge Sandal B0752FSY74 Parent , Fly London Women’s Yora830fly Wedge Sandal B0752M27CG Parent , Womens Fly London Yote Leather Open Toe Wedge Heel Cut Out Summer Sandals B0752MKXNJ ParentFly London Yeki841fly, Women’s Open Toe Sandals B0752ML4FT Parent , Grunland SC1403 Ines Scarpa Donna P. Peltro 37 B0752QMZ4N ParentFemale Cow Face with a Combination of Wedge Sandals Fashion Female Sandals B0752VKK8S Parent , Katy Perry Women’s The Amelia Heeled Sandal B0752WPB7S ParentEasemax Women's Trendy Sexy Open Toe Ankle Buckle Strap High Stiletto Heel Sandals B0752WXCWG Parent , Via Spiga Women’s Allegra Ankle Wrap Sandal Fisherman B07536584B ParentKaty Perry Women’s The Lizette Heeled Sandal B07536HK3H ParentKaty Perry Women’s The Kaitlynn Heeled Sandal B07537WTVK ParentVia Spiga Women’s Forte Block Heel Sandal Heeled B07537YF8H Parent , Steve Madden Women’s Debbie-c Heeled Sandal B075381R81 ParentVia Spiga Women’s Harlotte Woven Slide Sandal B075384WZZ Parent , Katy Perry Women’s The Annalie Heeled Sandal B07538X7WC ParentEasemax Women's Chic High Stiletto Heel Platform Peep Toe Platform Slip On Sandals B0753GHLFQ Parent ,

Time limit is exhausted. Please reload CAPTCHA.

Aisun Parent Women's Daily Peep gamesworld-2360 Toe Buckled Sandals Shoes B074PSJYF8 2360 Parent 1914a84 - salonsevendallas.com