Parliament's Confidence In Prime Minister Boosts Sterling
According to Reuters, the sterling is trading higher after British Prime Minister Theresa May’s government won a vote of confidence in Parliament.
But the sterling's gains on the day are marginal, increasing by one-tenth of a percent, and trading at $1.28.
MSCI's all country world stock index also rose, but by a margin of four-tenths of a percent.
In Europe, the Stoxx 600 index hardly blinked at the Brexit drama in London, gaining half a percent on the day.