NEW YORK - Asian shares were set to rise on Thursday ahead of the Christmas break, as global investors cheered a potential Brexit deal and economic recovery prospects, largely ignoring U.S. President Donald Trump’s threat to veto a long-awaited COVID aid package.
Investors cheered a potential Brexit trade deal between Britain and the European Union that raised hopes the estranged allies would avoid a turbulent economic rupture on New Year’s Day. MSCI’s gauge of global stocks was up 0.02%, having given back some earlier gains in thin holiday trading.