SHANGHAI: The pound jumped on Tuesday and Asian shares rose after the European Commission agreed to changes in a Brexit deal ahead of a vote in the British parliament on a divorce agreement.
European Commission head Jean-Claude Juncker agreed to additional assurances in an updated Brexit deal with British Prime Minister Theresa May on Monday, but warned UK lawmakers would not get a third chance to endorse it.
Sterling, which had risen ahead of the talks between May and Juncker,
In early trade, MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 per cent, following on from a rally on Wall Street overnight.
Australian shares were up 0.4 per cent, while Japan's Nikkei stock index jumped 1.6 per cent.
The amended Brexit deal gave a further boost to investors' appetite for riskier assets, after global equity indexes climbed overnight on gains in technology stocks and expectations of more stimulus from China.
US shares rebounded from a week-long losing streak, with news that US chip supplier Nvidia Corp has agreed to buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion helping to boost tech shares.
A nearly 7 per cent gain in Nvidia shares helped to propel the
European Commission head Jean-Claude Juncker agreed to additional assurances in an updated Brexit deal with British Prime Minister Theresa May on Monday, but warned UK lawmakers would not get a third chance to endorse it.
Sterling, which had risen ahead of the talks between May and Juncker,
In early trade, MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 per cent, following on from a rally on Wall Street overnight.
Australian shares were up 0.4 per cent, while Japan's Nikkei stock index jumped 1.6 per cent.
The amended Brexit deal gave a further boost to investors' appetite for riskier assets, after global equity indexes climbed overnight on gains in technology stocks and expectations of more stimulus from China.
US shares rebounded from a week-long losing streak, with news that US chip supplier Nvidia Corp has agreed to buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion helping to boost tech shares.
A nearly 7 per cent gain in Nvidia shares helped to propel the
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