GLOBAL MARKETS-Stocks climb on hopes for progress in trade; sterling edges up

Shares on world stock indexes mostly rose on Monday, as hopes for resolving the U.S.-China trade war pushed investors toward riskier assets, while the pound was near a 5-1/2-month high. The British parliament’s speaker refused to allow a vote on Prime Minister Boris Johnson’s Brexit divorce deal, suggesting Johnson faces further problems in the Brexit ratification. Investors in Asia earlier were boosted by comments on Friday by Chinese Vice Premier Liu He that Beijing will collaborate with the United States to address mutual concerns on the trade war. …read more

Source:: Yahoo Finance

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