Pound at highest since May and stocks surge on Brexit deal hopes

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 67%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Pound at highest level against dollar since May following unconfirmed report draft Brexit deal may be close

Land Securities and British Land were the main beneficiaries of the gains, closing 6% and 5.4% higher on the day.The second tier FTSE 250 Index closed 1.3% up.Neil Wilson, chief market analyst at Markets.com, said of the reaction to the Bloomberg claim:"These kind of reports expose just how vulnerable sterling is to headline risk.

"At present these are unconfirmed reports and need to be verified - we just have BBG citing two people with knowledge of the talks. "If a draft deal can be achieved we would expect another spike north to $1.30 on cable in very short order, and potentially $1.3170 could be targeted. It could get very choppy now.

"However, as we consistently stress, there is yet a lot to overcome even if a deal is agreed - most importantly parliament would need to back the agreement and this is far from assured."

 

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

 /  🏆 35. in BE

Belgique Dernières Nouvelles, Belgique Actualités