Most Southeast Asian markets ended on a
high note on Friday, as reports said the United States and China
may soon diffuse their prolonged trade war, while the prospect
of a swift Brexit after Boris Johnson's UK poll win also boosted
The results of British elections
are positive in the short term as they eliminate uncertainty
regarding Britain's exit process from the European Union, the
European Central Bank's Vice-president Luis de Guindos said on
A surge for London-listed companies
brought European stock markets within striking distance of an
all-time high on Friday, as investors cheered the likelihood of
an orderly Brexit after a landslide election victory for Prime
Minister Boris Johnson.
Hungary's forint rose to
a six-week high on Friday as Central European currencies firmed
after British Prime Minister Boris Johnson's resounding election
victory and progress in U.S.-China trade talks lifted sentiment.
A win for the Conservative Party was expected to clear
political gridlock over Britain's exit...
China's yuan rallied to a
4-1/2-month high against the U.S. dollar while mainland and Hong
Kong stock markets soared on reports the United States and China
had agreed to reduce existing tariffs and delay ones set to take
effect this weekend.