Britain and EU reach Brexit Agreement sterling and European stocks rise sharply in the short term

European Commission President Jean-Claude Juncker and British Prime Minister Johnson also announced that Britain and the European Union have reached a Brexit agreement. The news boosted sterling up more than 1 per cent against the dollar, European stocks rose sharply in the short term, Germany's DAX index rose 0.87 per cent, Britain's FTSE 100 index rose 0.56 per cent and Europe's Stoxx 50 index rose 0.7 per cent.