Global stocks, pound rise on cautious Brexit deal hopes

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Asian stocks and the pound gained on Tuesday as investors held out hope that Bri...

TOKYO - Asian stocks and the pound gained on Tuesday as investors held out hope that Britain still had a chance of avoiding a messy exit from the European Union at key negotiations this week.

The pound rose against the dollar and the euro, reflecting the cautious optimism about talks between Britain and the EU. The focus has now shifted to Europe where officials from Britain and the EU will meet at a make-or-break summit on Thursday and Friday that will determine whether or not Britain is headed for a so-called no-deal Brexit.

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