MINITOO GL193B Women's Knot Silver Satin Professional Synthetic 4 GL193B Latin Professional Dance Shoes Wedding Evening Sandals 4 M UK Parent B01I0Q3LN8 b6d9e36 - 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.”

MINITOO GL193B Women's Knot Silver Satin Professional Synthetic 4 GL193B Latin Professional Dance Shoes Wedding Evening Sandals 4 M UK Parent B01I0Q3LN8 b6d9e36

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 *

MINITOO L195 Women's Crystals Floral Black Satin Latin Salsa Ballroom Dance Sandals 7 UK Parent B06XWTCQCRMINITOO L195 Women's Crystals Floral Black Satin Latin Salsa Ballroom Dance Sandals 4 UK Parent B06XWSLDXC , MINITOO L195 Women's Crystals Floral Black Satin Latin Salsa Ballroom Dance Sandals 5.5 UK Parent B06XX1LHY9MINITOO L195 Women's Crystals Floral Black Satin Latin Salsa Ballroom Dance Sandals 2 UK Parent B06XWX73NX , Shoe the Bear Women’s Emmy L Hi-Top Sneakers Parent B01M9EAM1EMINITOO L195 Women's Crystals Satin Latin Salsa Ballroom Dance Sandals Parent B06XX2H3HQ , Lonsdale Women’s Capella Fitness Shoes Parent B078HF48JZ , Puma Suede Platform Satin Womens Trainers Blush Pink - 7.5 UK Parent B0714L1HLCAsics Stormer GS Junior Running Shoes Parent B01NGYOZ5V , Monie Women's 2.4" Exquisite Knot Modern Salsa Ballroom Latin Dance Shoes Adult Size Parent B01HL0USIAPuma Arial Clear Womens Textile Trainers Grey - 5 UK Parent B00U0AY8R6Puma Arial Clear Womens Textile Trainers Grey - 6 UK Parent B00U0AYACO , Man/Woman Semler Women’s Nelly Sneakers Parent B01LPWHFOU Many varieties luxurious a wide variety of goods , Atyche Women's Kitten Heel Slingback T-Bar Court Shoes Latin Dance Sandals Ankle Strap Summer Shoes Parent B07CB18ZY5 , Rider Kids Women's 82365 24231/Blue/Green/White M Parent B07C9C49LHDvs Women's Casual Shoes Benny Pinstripe Canvas 10 B (M) US Grey Parent B0059A8AMG , Dvs Women's Casual Shoes Benny Pinstripe Canvas 5 B (M) US Grey Parent B0059A8ATYD.V.S. Dvs Women's Casual Shoes Benny Pinstripe Canvas 5.5 B (M) US Grey Parent B0059A8AWQ , Dvs Women's Casual Shoes Benny Pinstripe Canvas 7.5 B (M) US Grey Parent B0059A8BBQ , Large size sandals help cool boots high stilettos strap sandals fringed fish mouth Parent B072KWJX1SZormey Women'S Heels Summer Club Shoes Cowhide Office &Amp; Career Blushing Pink Red Fuchsia Gray Black Parent B072NC7Q41 , YMFIE Soft bottom sandals of soft bottom antiskid sand beach Parent B07CBMM2SW , ADIDAS STELLASPORT IRANA WOMEN'S SHOES LADIES GIRLS HIGH TOP TRAINERS B25114 Parent B00YG0DI72 , ShangYi Non Customizable Women's Dance Shoes Modern Suede Cuban Heel Blue Parent B01FZJWCP6 , Zenzzle Graphic Floral Women's Running Shoes Casual Lightweight Athletic Sneakers US Size 36-45 Parent B0785ZZW6B , PLOT❤Clearance Baby Girls Fall Winter Coat Outerwear Ear Heart Warm Thick Hoodie Clothes 1-3T Parent B07HFLLXG8 , FLYRCX Ladies' slippers summer bottom casual fashion sandals antiskid beach shoes. Parent B07D9111QC , Converse Girls' Boat Shoes Multi-Coloured Bordeaux/Black/Egret Size : 6 UK Parent B01CF5YOO0 , Converse - Chuck Taylor All Star Chelsea Boots In Burgundy Parent B01CF5YROC ,

Time limit is exhausted. Please reload CAPTCHA.

MINITOO GL193B Women's Knot Silver Satin Professional Synthetic 4 GL193B Latin Professional Dance Shoes Wedding Evening Sandals 4 M UK Parent B01I0Q3LN8 b6d9e36 - salonsevendallas.com