Europe’s markets and sterling fired up on positive Brexit news
Sterling jumps 1% as UK and EU agree a new Brexit deal, though Northern Ireland isn’t happy; the Turkish lira loses nearly 5%
17 October 2019 - 13:41
London — Confirmation of a new Brexit deal lit a fire under Europe’s financial markets on Thursday, sending sterling to a five-month high, European stocks to a year-and-a-half peak, and causing safe-haven assets to plummet.
It isn’t a completely clear Brexit road ahead. Familiar Irish border snags remain] a spoiler for Northern Ireland’s Democratic Unionist Party (DUP), but after three years of tortuous uncertainty any deal was a deal to cheer...
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