Interest Rates: Trade Wars and Day October

interest rates: The MSCI All-Country World Index, which tracks stocks in 47 countries, was up 0.3 per cent on the day, according to Nine News Australia. October was the index's worst month since May 2012 - a loss of 7.5 per cent - as shares globally took a battering on a number of factors ranging from trade wars to concerns about the global economy and higher US interest rates. To improve your experience update it here News World World stocks begin the month firmer8 59pm Nov 1, stocks have started the new month on firmer ground after a brutal October, while sterling rallied on reports that Britain and the European Union are close to a post-Brexit deal on financial services. European markets followed a strong start in Asia, with robust company earnings helping the pan-European STOXX 600 index hit a two-week high. This is a significant development for the pound as it alleviates some market concerns on how London would finance its big current deficit, said Ulrich Leuchtmann, a currency strategist at Commerzbank. Britain's FTSE 100 however fell 0.1 per cent as the pound strengthened on a report Britain and the EU are close to a deal that would give financial services firms in the UK continued access to European markets once Brexit happens. (news.financializer.com). As reported in the news.