GBP jumps as May succeeds in renegotiating Brexit deal with EU
British Prime Minister Theresa May celebrated a rare victory last night, announcing she has received several assurances from the EU regarding the Brexit deal ahead of today’s crucial vote. May was able to resolve some of the key conflicts with the EU, in hopes of getting enough support for her deal for leaving the EU on March 29th. While the revised deal does not guarantee May’s victory in today’s vote, the GBP leaped 0.8% following the announcement.
Today’s highlights: Wall Street snaps losing streak
- Wall Street ends higher: After recording their worst week in 2019, US markets opened this week with impressive gains, as the DJ30, SPX500 and NSDQ100 were all seen higher. The tech sector showed strong performance, with Apple and Amazon both climbing more than 3%, joined by Google (+2.9%), Microsoft (+2%) and Netflix (+2.6%).
- Cryptocurrencies on the decline: Negative momentum was seen in crypto markets over the past 24 hours, as all top 10 cryptos registered losses. At the time of writing, Bitcoin was down more than 1.6%, slipping below the $3,900 mark. Of the top 10 cryptos, Litecoin registered the largest losses, dipping more than 4.3%.
Stocks earnings releases on 12/03/2019
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12/03/2019 appeared first on eToro.