London — UK Prime Minister Boris Johnson won approval for his Brexit deal in parliament on Friday, the first step towards fulfilling his election pledge to deliver Britain’s departure from the EU by January 31 after his landslide victory.
London — World stocks touched record highs on Friday, as trading wound down before the year-end holidays, while the pound was heading towards its worst week for more than two years amid renewed worries over how Britain will leave the EU.
The JSE capped its best fortnight since June on Friday and now looks set for its strongest month in six as it rides the wave of positive global market sentiment fueled by the agreement to implement the first phase of a US-China trade deal.
Gold prices inched lower on Friday due to increased risk appetite on hopes of an interim Sino-US deal being signed soon and as investors awaited the release of US GDP data. Spot gold edged 0.1% lower to $1,478/oz by 1.35am GMT. US gold futures fell 0.2% to $1,482/oz.