Reuters (June 7)
2018/ 06/ 08 by jd in Global News
“Despite a torrid start to 2018 and with Brexit uncertainties looming large, British blue-chip stocks have jumped to record highs thanks to a weak pound, a torrent of mergers and acquisitions, and bouts of political anxiety in the euro zone.” This is less the result of long-term optimism and more a re-calibration that UK positions had been marked down excessively.
Tags: Anxiety, Blue-chip, Brexit, Euro zone, M&A, Optimism, Record highs, Stocks, Torrid, UK, Uncertainties, Weak pound