1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

UK stocks rally as Brexit fears fade

Discussion in 'Market News' started by Lily, Oct 3, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Upbeat manufacturing data and confirmation over timing of EU departure ease gloom

    UK stock markets rallied on Monday, taking the FTSE 100 to a 16-month high after the government set a date for triggering Brexit negotiations and a closely watched survey suggested businesses continued to shrug off the EU referendum result.

    Shares were boosted by a combination of more reassuring news on the economy, new certainty about the timing of the Brexit process and a drop in the pound, which flatters the earnings of those UK-listed firms reporting in dollars.

    Continue reading...

Share This Page