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Sterling hits six-month high, stocks up as Brexit deal adds to Asian cheer

Reuters  |  LONDON 

By Abhinav RamnarayanLONDON (Reuters) - A breakthrough in Brexit negotiations pushed sterling to a six-month high against the euro on Friday and added momentum to an upswing in world stocks underpinned by strong economic news from China and Japan. Britain and the European Union struck a deal on Friday to move on to talk about trade and a transition period after they agreed the outline of their divorce.Sterling was up nearly half a percent against the euro to hit a six-month high and stock indices across the continent opened sharply up on the news. "While agreeing a divorce bill has little ...

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First Published: Fri, December 08 2017. 15:21 IST