The U.K. pound surged in early London trading Wednesday after lawmakers wrested control of the parliamentary agenda in Britain's House of Commons last night, a move that both reduces the changes of a No Deal Brexit and inches the country closer to its third national election in four years.
Hong Kong Chief Executive Carrie Lam formally withdrew the extradition bill that has triggered moths of protests in the China-controlled territory, multiple media reports suggested Wednesday, in a move that could ease tensions in one of Asia's key financial hubs.
Gains in Amgen, CVS, and others helped offset declines in other stocks, as the RMPIA rose over the last two months to 0.6%, handily beating all the major domestic stock market averages.
Bank of America Merrill Lynch finds correlation between the number of times Trump tweets and the direction of the markets.
Beijing is attacking foreign brands over any implicit signs they might support Hong Kong's pro-democracy demonstrations while spreading anti-demonstrator propaganda on U.S. social media.