Advertisement
Canada markets closed

  • S&P/TSX

    24,439.08
    -32.09 (-0.13%)
     

  • S&P 500

    5,815.26
    -44.59 (-0.76%)
     

  • DOW

    42,740.42
    -324.80 (-0.75%)
     

  • CAD/USD

    0.7261
    +0.0012 (+0.16%)
     

  • CRUDE OIL

    71.04
    -2.79 (-3.78%)
     

  • Bitcoin CAD

    91,229.75
    +517.58 (+0.57%)
     

  • XRP CAD

    0.74
    -0.01 (-1.09%)
     

  • GOLD FUTURES

    2,679.40
    +13.80 (+0.52%)
     

  • RUSSELL 2000

    2,249.82
    +1.18 (+0.05%)
     

  • 10-Yr Bond

    4.0380
    -0.0600 (-1.46%)
     

  • NASDAQ futures

    20,333.25
    -286.00 (-1.39%)
     

  • VOLATILITY

    20.64
    +0.94 (+4.77%)
     

  • FTSE

    8,249.28
    -43.38 (-0.52%)
     

  • NIKKEI 225

    39,910.55
    +304.75 (+0.77%)
     

  • CAD/EUR

    0.6663
    +0.0021 (+0.32%)
     

NewsBreak - Pound Rises as No-Deal Brexit Fears Ease

Investing.com

Investing.com - Sterling surged on Wednesday as concerns about a no-deal Brexit eased after opposition lawmakers won a vote giving them control of the House of Commons agenda, allowing them to move a bill later Wednesday that would make a "no-deal" scenario impossible. The risk of "no-deal" is still on the table, however, as Prime Minister Boris Johnson has promised to call for snap elections that would amount to a national vote of confidence in his current Brexit policy.

• GBP/USD jumped 0.8% to 1.2184 as of 8:56 AM ET (12:56 GMT).

• The U.S. dollar index, which measures the greenback against a basket of six major currencies, slipped 0.4% to 98.593.

• The yield on the 10-year U.K. government bond, or Gilt, jumped by 9 basis points to 0.50%. It had hit an all-time low of 0.34% on Tuesday.

• The FTSE 100 rose 0.5% to 7,307.34.

Related Articles

Argentine peso steady even as anti-government protesters gather

Sterling to rally 6% against euro if Brexit deal agreed: Reuters poll

Sterling rises after UK lawmakers win bid to try to block no-deal Brexit