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Asian markets rally in risk-on mood

Investors buoyed by renewed optimism on Theresa May's revised Brexit deal, further progress in US-China trade talks

Published Tue, Mar 12, 2019 · 09:50 PM

MUCH focus on Wednesday will be on whether UK Prime Minister's Theresa May's revised Brexit deal has been given the go ahead.

An approved deal is likely to see the pound continue to strengthen, CMC Markets' Margaret Yang told BT.

If Mrs May's deal is voted down and the extension of Article 50 is triggered, this might dampen the risk-friendly attitude that markets in Asia had on Tuesday.

The risk-on mood in Asia yesterday was due to a combination of further progress in US-China …

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