World stocks gain amid trade war hopes and sterling soars
Asian and European shares edge higher on trade-deal optimism despite mixed messages from Trump
05 December 2019 - 12:38
London — Stocks gained amid trade war headlines on Thursday, while sterling rose to its highest in more than two years against the euro on hopes next week’s UK election will lead to a smooth Brexit.
Belief that a trade deal would be struck stemmed from a Bloomberg report on Wednesday that China and the US were close to phase one of a deal and from US President Donald Trump’s remarks that talks were going “very well”. Trump has said earlier a deal might have to wait until after US elections in November 2020...
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