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RSS FeedsTrade deal hopes and Brexit optimism lift markets - business live
(The Guardian Business News)

 
 

11 october 2019 09:38:59

 
Trade deal hopes and Brexit optimism lift markets - business live
(The Guardian Business News)
 


Rolling coverage of the latest economic and financial news, as sterling climbs to a two-week high and shares rallyIntroduction: Hope of trade deal and BrexitPound posts biggest leap in seven months 8.28am BST Shares in British housebuilders and banks have jumped at the start of trading in London, as hopes of a Brexit breakthrough ripple through the City.Persimmon, the UKīs biggest house-builder, has surged by almost 5%, followed by Barratt Development (+4%) and Taylor Wimpey (+3.8%), making them the biggest risers on the FTSE 100 this morning. 8.08am BST Donald Trumpīs claim that trade negotiations with China went `very well` yesterday has lifted stock markets across the Asia-Pacific region.Chinaīs Shanghai Composite has gained 0.9%, as has Australiaīs S&P/ASX 200. Japanīs Nikkei has risen by 1.15%, as optimism lifts equities at the end of another volatile week. Continue reading...


 
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