Brexit Deal’s Effects On Asian Shares – Upbeat or Downbeat?

By Qadir AK October 21, 2019 Updated on October 21, 2019 , 6:58 am

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British parliament delayed a crucial vote on a Brexit withdrawal deal until Oct 31. This was considered to be a great blow to the Brexit deal’s effect on lesser Economic disruption. The pound fell 0.7% to $1.2911 and was off about 0.4% to 86.46 pence per euro. However, Asian share prices have seen an uptrend. Japan’s shares rose by 0.19%. Chinese shares rose 0.13%, while Japan’s Nikkei rose 0.28%. U.S. stock futures ESc1 rose by 0.27% in Asia. Shares in Hong Kong also got a lift. Although, Treasury prices fell in Asia.

The US-China trade war is also an equal contributing factor in this Asian share price variation.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.