Womens Peeptoe Block Heel Ankle Strap Sandals Ladies Pumps Peeptoe Strappy nhta-23558 Party Shoes Pumps B07CWST1X7 Parent ca4810d - 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.”

Womens Peeptoe Block Heel Ankle Strap Sandals Ladies Pumps Peeptoe Strappy nhta-23558 Party Shoes Pumps B07CWST1X7 Parent ca4810d

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 *

Womens T-strap Diamante Mid Heel Ankle Strap Buckle Wedding Party Evening Sandals Shoes B07CZHQ7QV ParentYTTY Fashion High Heels Fish Mouth Hollow Boots Women's Shoes Washed Denim Sandals B07CYX9GRV Parent , Womens Ladies Extreme High Stiletto Heel Platform Party Wedding Prom Sandals Shoes Size B07CZJ8733 Parent , DANDANJIE Women's Sandals Spring Summer Wedge Heel Shoes Buckle for Casual Brown Size 35-40 B07CY3KYDZ ParentWomen Pointed Toe Stiletto High Heeled Slip-On Sandals Shallow Satin Wedding Party Bridal Shoes Pmups B07D22JR7K ParentYMFIE 2018 new summer ladies' sharp pointed shallow heel sandals fashion ankle belt high heeled shoes B07CY513Q7 ParentYMFIE Ladies' summer flat bottom simple fashionable cross ties toe toe sandals comfortable antiskid beach shoes. B07D5FNQQ7 Parent , YTTY Women's Shoes Hollow Buckle High Heel Sandals B07CZ2P92B Parent , SHINIK Women's Sandals PU Summer Hollow-out Wedge Heel Shoes Shallow Mouth Soft Bottom Peas Shoes For Casual B07D4N48CY ParentYTTY Suede Embroidered Thick with High-Heeled Sandals Women's Large Size Shoes B07CZ3GDQW Parent , Bao Xing Bei Firm Sandals/female flat heel shoes national wind student toe shoes/open toe sandals (Color : Black... B07D2DH8VD ParentWomens Ladies Mid Low High Block Heel Strappy Roman Shoes Party Wedding Prom Sandals Size B07CZJGXX3 ParentZHONGST Women's Summer Sandals Europe And The United States After The Zipper High-Heeled Shoes B07CZHH6RK ParentHuaishu Women's Beach Summer Girls Lovely Casual Holiday Shoes Ladies Cool Sandals Slim Shoe Wedges Shoes Sandals B07D1QP53G Parent , YMFIE Summer fashion sequins toe toe sandals lady comfort anti slip beach shoes. B07D3RWHFS ParentRUGAI-UE Ladies sandals,rivets,pointed shoes,flat shoes,comfortable flat shoes,wedding shoes. B07D3XQMWF ParentAnMengXinLing Shoes Women's Ankle Strap Sandals Platform Beaded Pearl Chunky High Heel Peep Toe Sexy Pumps B07CZK7GPZ Parent , LINYI Women's Shoes Chunky Heel Transparent Sandals High-Heeled Shoes Open Toe Summer B07D37XF2H Parent , RUGAI-UE Women's shoes are simple,hollow,high heel,women's sandals,toe sandals. B07D3XS4LV Parent , YMFIE Fashion retro summer ladies' toe toe sandals flat bottomed anti slip beach shoes B07D3S1QKW Parent , YMFIE Ladies high heeled toe sandals summer fashion temperament ankle belt high heel shoes B07D3S9DH2 ParentYMFIE Ladies summer simple fashionable toes flat bottomed sandals comfortable antiskid beach shoes. B07D3S13TJ ParentYMFIE Ladies summer simple fashion anti slip flat bottom beach shoes toe shoes. B07D5GJBW1 Parent , RUGAI-UE High heel shoe slope and female single shoe sandals B07D3XT5DX Parent , YMFIE Summer retro fashion simple flat bottomed toe toe sandals lady comfortable antiskid beach shoes B07D5DTTWB Parent , RUGAI-UE Sandals,waterproof shoes,women's shoes,high heels,and waterproof women's shoes. B07D3XXFTM ParentLadies Roman Style Sandals Fish Mouth Mesh High-heeled Women Court Shoes Practical Shoes For Work Office Dating B07D5YM28L Parent , RUGAI-UE Women's shoes night shop super high sandals color tailor shoes B07D3Y37MR ParentRUGAI-UE Women's shoes are simple and thick with a word with high heel sandals B07D3XYP82 Parent ,

Time limit is exhausted. Please reload CAPTCHA.

Womens Peeptoe Block Heel Ankle Strap Sandals Ladies Pumps Peeptoe Strappy nhta-23558 Party Shoes Pumps B07CWST1X7 Parent ca4810d - salonsevendallas.com