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Abstract:Asian shares were set to rise on Thursday ahead of the Christmas break, as global investors cheered a potential Brexit deal and economic recovery prospects, largely ignoring U.S. President Donald Trump`s threat to veto a long-awaited COVID aid package.
Asian shares were set to rise on Thursday ahead of the Christmas break, as global investors cheered a potential Brexit deal and economic recovery prospects, largely ignoring U.S. President Donald Trump`s threat to veto a long-awaited COVID aid package.
Australia`s S&P/ASX 200 was up 0.78% in early trading, while Japan`s Nikkei 225 futures were up 0.07%, and Hong Kong`s Hang Seng index futures inched up 0.17%.
Investors cheered a potential Brexit trade deal between Britain and the European Union that raised hopes the estranged allies would avoid a turbulent economic rupture on New Year`s Day.
“The framework for a Brexit trade deal gave investors the green light to start buying everything in Europe,” said Edward Moya, Senior Market Analyst, at OANDA in New York.
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