LONDON — European stocks traded mixed in a light trading session Thursday as traders grew optimistic a Brexit trade deal would be reached.
Britain and the European Union are said to be on the cusp of striking a post-Brexit trade deal on Thursday. It comes after months of political wrangling over key sticking points such as fisheries.
Ireland’s foreign minister, Simon Coveney, said a post-Brexit trade deal was expected Thursday, after a “last-minute hitch” delayed an announcement.
Coveney told RTE radio it would be an “enormous relief” when the deal is finally announced. Press conferences originally slated for early Thursday were delayed as both sides finalized the “small text” of an agreement on fishing rights, he said.
In Asia, stocks were mostly higher as investors watched the latest Brexit developments. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6%.
On Wall Street, stock futures rose ahead of the final trading day of the holiday-shortened week.
President Donald Trump vetoed a sweeping defense bill Wednesday, breaking the Republican-led Senate. The move came after he called Congress’ long-delayed $900 billion coronavirus relief package an unsuitable “disgrace.”