Vitalo Womens B07HKKG8GW Booties Kitten Heel Pointed Toe Ankle Boots Buckle nhta-25477 Autumn Winter Booties B07HKKG8GW Parent 7f74ddd - 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.”

Vitalo Womens B07HKKG8GW Booties Kitten Heel Pointed Toe Ankle Boots Buckle nhta-25477 Autumn Winter Booties B07HKKG8GW Parent 7f74ddd

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 *

AicciAizzi Women Low Heel Short Boots Fringes Bohemia B07HN5C3F7 Parent , RAZAMAZA Women Casual Chunky Heel Mid Boots Zip B07HN5DMCH Parent , JOJONUNU Women Stiletto Ankle Boots Zip B07HN5DGW9 Parent , VulusValas Women High Heel Winter Boots B07HN5KC23 ParentJOJONUNU Women High Heel Bootie Boots B07HN5JW2B Parent , Man's/Woman's VulusValas Women Classic Boots B07HN5KC36 Parent selling price New in stock Explosive good goodsVulusValas Women Wedge Heel Boots B07HN5QD8L ParentRAZAMAZA Women Comfort Low Heel Knee Boots B07HN5KP4Z ParentAicciAizzi Women Fashion Fold Boots Block Heel Knit B07HN5QGZX Parent , VulusValas Women Fashion Over Knee Boots B07HN5QFPK ParentVulusValas Women Casual Knee High Flat Long Boots Buckle B07HN5QMTW ParentMan/Woman VulusValas Women Comfort Boots B07HN5QMTK Parent Selling Carefully selected materials At an affordable price , VulusValas Women Fashion Winter Boots B07HN5WCK2 Parent , RAZAMAZA Women High Heels Ankle Boots Zipper B07HN5RNVX ParentVulusValas Women Mid Calf Slouch High Heel Boots B07HN5Z3W8 ParentVulusValas Women Fashion Mid Calf Boots B07HN5WCKC Parent , RAZAMAZA Women High Heel Short Boots Zip B07HN7D15C Parent , Round Head Suede Flat Bottom Set Women's Ankle Boots Martin Boots B07HN63YX1 Parent , RAZAMAZA Women Zip Ankle Boots High Heel B07HN86LT8 Parent , JOJONUNU Women Stiletto Ankle Boots B07HN81XFF ParentRAZAMAZA Women Leisure Low Heel Half Boots B07HN86TQQ Parent , JOJONUNU Women Low Heel Ankle Boots B07HN8FJGT Parent , RAZAMAZA Women Classic Hidden Wedge Heel Ankle Boots Zip B07HN8Z9J6 Parent , RAZAMAZA Women Fashion Mid Heel Dress Boots Zip B07HN8FP3S ParentRAZAMAZA Women Fashion High Heel Party Boots Zipper B07HN8ZXW2 Parent , JOJONUNU Women Pull On Ankle Boots B07HN8ZNZV Parent , BeiaMina Women Casual Block Heels Knee Boots Zipper B07HN9Q6VD ParentRAZAMAZA Women Fashion Mid Calf Boots Zip B07HN8ZYW8 ParentBoots for Womens,QHJ Waterproof Slip-On Round-Toe Flat Solid Color Over-The-Knee Snow Boots B07HNDY7JQ Parent

Time limit is exhausted. Please reload CAPTCHA.

Vitalo Womens B07HKKG8GW Booties Kitten Heel Pointed Toe Ankle Boots Buckle nhta-25477 Autumn Winter Booties B07HKKG8GW Parent 7f74ddd - salonsevendallas.com