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

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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. 

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

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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.

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