Sat. Nov 28th, 2020

Markets surge after Conservative election triumph and US-China trade deal – business live

Rolling coverage as the financial markets react to the Conservative Party’s election triumph, and a breakthrough in the trade war

5.57am GMT

Good morning.

It’s the best outcome for financial markets in the near-term. It brings a clear end to the Brexit deadlock in parliament, which will be welcomed and help to ease some of the ongoing uncertainty.

The risk of a “No Deal” Brexit will pushed out until the end to next year, and the new government will not be as reliant on securing support from hard Brexiteers during future negotiations. The pound is well placed to extend its advance even after recent strong gains.

Continue reading…Rolling coverage as the financial markets react to the Conservative Party’s election triumph, and a breakthrough in the trade war 5.57am GMTGood morning.It’s the best outcome for financial markets in the near-term. It brings a clear end to the Brexit deadlock in parliament, which will be welcomed and help to ease some of the ongoing uncertainty.The risk of a “No Deal” Brexit will pushed out until the end to next year, and the new government will not be as reliant on securing support from hard Brexiteers during future negotiations. The pound is well placed to extend its advance even after recent strong gains. Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *