HBDLH Women's shoes Roughneck/High Heel Women's Short Boots Boots Waterproof Tables Martin Boots Wild Roughneck Round Head Gauze Velvet... B07H2RF86C Parent a85b7aa - 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.”

HBDLH Women's shoes Roughneck/High Heel Women's Short Boots Boots Waterproof Tables Martin Boots Wild Roughneck Round Head Gauze Velvet... B07H2RF86C Parent a85b7aa

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 *

LIANGXIE Women's Ankle High Combat Hiking Boots Fashion Martens Boots Winter New Belt Buckle Snow Boots Europe... B07H73PDCM Parent , LIANGXIE Round Toe Lase-up Ankle Boots Ladies Booties Fashion Martens Boots Women's Shoes Winter Retro Warm Boots... B07H741MNZ Parent , High Heels, Short Boots, Big Yards, Women's Shoes, Autumn and Winter Martin Boots. B07H7J36F6 ParentGentleman/Lady Women's Shoes B07H7J8PJ2 Parent The color is very eye-catching Known for its good quality cheaperXIE Winter thick warm round flat flat low boots classic thick-bottomed snow boots cotton shoes women's shoes B07H8TKS76 Parent , Winter Casual Shoes, Low Boots and Low Boots. B07H7JHVP2 ParentMedium Tube Boots, Suede, high Heeled, Pointed Women's Shoes B07H7JHVP7 ParentEuropean and American Women's Shoes, Tassels, Martin Boots, Big Yards, Boots, rubs, Low Heels. B07H7JZJ5C Parent , DLBJ in The Tube Snow Cotton Boots Wool Skin Plus Velvet Warm Non-Slip Wear-Resistant Women's Shoes B07H8B83F5 ParentYXLONG Autumn New Casual Fashion Wild Side Zipper Round Head With Martin Boots Solid Color Suede Women's Shoes... B07H7MHBC4 Parent , Sandalette-DEDE European and American women's shoes, big size women's shoes, belt buckle shoes, medium tube boots... B07H7LZ3X2 ParentRcnryCasual women's shoes, fashion ladies' boots B07H7ZNRRZ ParentRcnryRough with women's shoes, ladies' rough and Martin boots. B07H7Z94SD Parent , YXLONG Autumn And Winter New Martin Boots Female British Wind Thick With Velvet Boots Children, Winter High-heeled... B07H89HCQH ParentDLBJ Snow Boots Female Winter Short Tube Plus Velvet Warm Cotton Shoes Flat Non-Slip Wear-Resistant Outdoor Shoes B07H8CM6J2 Parent , DLBJ Large Size Cotton Boots Women's Winter Plus Velvet Warm Snow Boots Non-Slip Wear-Resistant Outdoor Shoes B07H89LHFJ ParentSISHUINIANHUA Lady tube rain boots/Camellia high-heeled rain boots/non-slip water boots shoes/water glue shoes B07H8X4BBV Parent , DLBJ Winter Short Tube Snow Boots Ladies Low to Help Slip Plus Velvet Warm Cotton Shoes Ankle Boots B07H8C4QL2 ParentYXLONG Leather Boots Ultra High With 8cm Autumn And Winter New Pointed Women's Shoes Fashion Thick With Bare Boots... B07H89GR5G Parent , DLBJ Snow Boots Winter Plus Velvet Warm Non-Slip Cotton Shoes Women High to Help Thick Bottom Wedge Casual Shoes B07H8CXD6M ParentYXIAOL New Women's Booties Autumn Women's Shoes Stiletto Boots, Winter High Heels Female Korean Version With High... B07H9C8FGF ParentKOKQSX-Super high heel pointed head fine with 7CM women's shoes short boots Martin boots jokes. B07H8GSP2B ParentXIE autumn and winter snow boots flat with students flocking thick short tube sets foot shoes women shoes B07H8V7SV7 Parent , KOKQSX-Autumn and winter plus velvet with 6CM leisure fashion leather short boots warm women's shoes. B07H8K888G ParentYXIAOL Spring And Autumn Ladies Single Shoes Round Head High-heeled Martin Boots British Wind Bare Boots Women's... B07H9CHVV6 Parent , XIE new scrub ladies snow boots warm cotton cuffed low tube black shoes flat shoes B07H8TXLD1 Parent , DLBJ Women's Snow Boots Winter Folding Two Wear Retro Casual High Help Plus Velvet Warm Canvas Shoes B07H8FCMBZ Parent , XIE Doudou Mianxie high to help steamed stuffed buns shoes and wool warm cotton boots boots flat snow boots B07H8V8D4L ParentSISHUINIANHUA Ms. rain boots/high-barrel shoes rain boots/overshoes shoes B07H8XD11Y Parent

Time limit is exhausted. Please reload CAPTCHA.

HBDLH Women's shoes Roughneck/High Heel Women's Short Boots Boots Waterproof Tables Martin Boots Wild Roughneck Round Head Gauze Velvet... B07H2RF86C Parent a85b7aa - salonsevendallas.com