World stocks rally on Brexit and global recovery hopes

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Investors wind down for Christmas break in bullish mood as Britain and the EU hammer out the final details of a narrow trade deal

London — Stocks rallied and the pound gained on Thursday as Britain and the EU close in on a free-trade Brexit deal and investors wagered on a global economic recovery.

The FTSE 100 rose 0.07% while the more domestically-focused British mid-cap FTSE 250 index hit its highest levels since February, and UK small caps a record high. The Stoxx 50 added 0.17% while Germany’s DAX gained 1.26%. Sterling added another 0.6% to $1.3586, close to its highest level in two years. Still, the pound’s 5% rally since early November means much of the Brexit relief has been priced in to the currency, analysts say. Wall Street ended mostly higher on Wednesday and futures pointed to a stronger open later on Thursday.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

I owe you an apology to ever doubt your sincerity and professionalism. It’s was just like a dream to me when I received my first payment. After my second payment it became a reality now after several payments it has become a way of life. lisaMakT.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités