World stocks rise and sterling rebounds on Boris Johnson setback
World stocks are up 0.4% and European shares 1.1%; Italian bond yields hit new lows on prospect of a new coalition government
04 September 2019 - 12:08
Milan — Easing worries over political risk in Britain and Italy helped stocks rise on Wednesday with the pound bouncing from three-year lows after a parliamentary vote raised the prospect of another delay to Brexit.
Global stocks rose 0.4% by 8.21am GMT, as Europe rallied 1.1% and after a positive session in Asia following a report showing that growth in China’s service sector accelerated despite broader economic headwinds...
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