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Parliament's Confidence In Prime Minister Boosts Sterling

Video Credit: Wochit Business - Duration: 00:35s - Published < > Embed
Parliament's Confidence In Prime Minister Boosts Sterling

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.

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