Labour leader Jeremy Corbyn has been asked by Theresa May to work with her on breaking an impasse in parliament just over a week before Britain is meant to be leaving the European Union. (Photo: AFP/Stefan Rousseau) The pound extended gains after British Prime Minister Theresa May said she would look for another Brexit delay and softened her position on the issue to avert a calamitous no-deal divorce from the European Union. While Wall Street provided a flat lead, Asian investors built on recent gains, with optimism given an extra boost by a report in the Financial Times saying Beijing and Washington were on course for a historic agreement. Expectations that the world’s top two economies will eventually sign a deal has been a key driver of a global equities rally this year and the FT article adds to the general sense of hope. It comes after better-than-expected factory data out of China and the US that eased worries about growth in the global economy, while a dovish turn from central banks has also provided support. “Recent positives such as the US Federal Reserve pausing their interest rate increases, incremental signs of progress on China-US trade negotiations and a dovish… Read full this story
- Stocks surge as investors pin hopes on U.S.-China trade truce
- Investors shrug off mounting U.S.-China trade tensions
- Trump on US-China Trade: 'Sorry, It's the Way I Negotiate'
- U.S.-China trade deal in sight after progress in high-level talks
- Tech flexes muscle on China trade bill
- Dutch officials, economists fret over U.S.-China trade tensions
- Australian shares tumble to two-year low over US-China trade fears
- Escalation in Trump Tariffs Looms Over US-China Trade Talks
- Resumption of High-Level US-China Trade Talks Raises Hopes
- High tech makes push for China trade bill
Asia markets extend winning run on fresh China US trade hopes have 312 words, post on www.vir.com.vn at April 3, 2019. This is cached page on VietNam Breaking News. If you want remove this page, please contact us.