Asian shares jumped after Brexit deal changes
Asian shares jumped on Tuesday after the European Commision agreed to changes in a Brexit deal before a vote in the British parliament on a divorce agreement.
- MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) jumped to 1.08 percent.
- Chinese blue chips (CSI300) rose 1.3 percent.
- CSI300 index has risen more than 25 percent this year.
- Australian shares (AXJO) were up 0.4 percent.
- Japan’s Nikkei stock index (N225) jumped 1.9 percent.
- Dow Jones Industrial Average (DJI) rose 0.79 percent.
- S&P 500 (SPX) gained 1.47 percent to 2,783.3.
- The greenback against its major shed 0.2 percent to 97.036.
- The dollar eased 0.16 percent to 111.37.
- The euro (EUR) was up 0.13 percent on the day at $1.1262.
In commodity markets, oil prices increased on a combination of strong demand and supply cuts by the Organization of the Petrolum Exporting Countries (OPEC).
- Spot gold 0.2 percent to $1,296.45 per ounce.
- U.S. crude was up 0.5 percent at $57.08 a barel.
- Brent crude (LCOc1) was 0.4 percent higher at $66.84.
- 10-year Treasury notes (US10YT=RR) at 2.6645 percent compared with its U.S. close of 2.641 percent on Monday.
- The two-year yield (US2YT=RR) was at 2.4998 percent compared with a U.S. close of 2.477 percent.