Stocks gain on hopes for progress in trade war and Brexit

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World shares nudged higher on Monday, as hopes for progress towards resolving the U.S.-China trade war and a belief that Britain will avoid a ...

LONDON: World shares nudged higher on Monday, as hopes for progress towards resolving the U.S.-China trade war and a belief that Britain will avoid a disorderly exit from the European Union gave cause for riskier bets.

Johnson will seek to put his Brexit deal to a vote on Monday, with the government proposing a debate on the agreement. Parliament was due to open at 1330 GMT.Advertisement "They seem to making progress," said Jeremy Gatto, an investment manager at Unigestion in Geneva."But we have seen in past that everything seems to look great and then a couple of days later seems to deteriorate again."

Goldman Sachs said it now sees the chance of a no-deal Brexit reduced to 5per cent, from 10per cent previously.

 

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