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Stocks and oil touch 2019 highs; sterling wobbles, like Brexit

From af.reuters.com

Stocks across the globe rose for a seventh straight session on Tuesday despite late selling on Wall Street, while the pound wobbled against the dollar as traders expected European Union officials would allow Britain a delay on Brexit. Bets that the Federal Reserve will this week reinforce the market view that the U.S. monetary policy tightening cycle is in the rear-view mirror have kept alive the bid on stocks, while the dollar index touched its lowest since March 1. But trade news weighed on sentiment late in the New York trading session after Bloomberg News reported that some negotiators are worried that China is ... (full story)

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  • Category: Fundamental Analysis