Asian markets up on early news of trade deal and Brexit optimism

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We’ll be curating stories from management guru John Bittleston and making them free to read."The global recovery trade of the last two months got a turbocharged boost, naturally," said OANDA's Jeffrey Halley.

"Markets were getting more... nervous about both the UK elections" and the US tariffs looming Sunday, but now"relief is being exhibited", Mitul Kotecha, senior emerging markets strategist at TD Securities in Singapore, said on Bloomberg TV. "The UK government will need to finalise the details on Brexit and start a marathon of trade negotiation with the EU," he said."This is expected to be complicated and time-consuming, while new uncertainties could emerge for the business sector."

 

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