World shares breathe easy as Trump pushes out tariff deadline - News Summed Up

World shares breathe easy as Trump pushes out tariff deadline


The US president cited progress in divisive areas including intellectual property protection, technology transfers, agriculture, services and currency. By mid-morning, MSCI's world equity index, which tracks shares in 47 countries, was up 0.2% to its highest since October. Participants in currency markets shared that sentiment. The trade news was largely priced into currency markets, with the dollar nudging down 0.1% against a basket of currencies to 96.518 amid the risk-on mood. The British premier on Sunday put off a vote in parliament on her Brexit deal to just 17 days before Britain's scheduled March 29 departure from the European Union, setting up a showdown this week with lawmakers.


Source: Dhaka Tribune February 25, 2019 16:07 UTC



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