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Global shares gain as Brexit tensions ease amid stimulus hopes

July 12, 2016 by · Leave a Comment 

Europe's STOXX 600 rose 0.5 percent, helped by gains in Daimler and Unicredit , while sterling jumped 1.1 percent against the dollar, pulling further from a 31-year low hit last week. In Britain, interior minister Theresa May was set to become prime minister on Wednesday, offering some relief from the political uncertainty that has dogged the market since the country voted to leave the European Union last month. “U.S. real interest rates are now negative.

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Global shares gain as Brexit tensions ease amid stimulus hopes