SINGAPORE (Reuters) - Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world’s two biggest economies that has raised big questions about global demand for crude.

TOKYO (Reuters) - The pound rose to a three-and-a-half year high versus the euro and the highest in more than a year versus the dollar after exit polls suggested a win for the Conservatives, which should help ensure the UK’s smooth exit from the European Union.

SYDNEY (Reuters) - Asian share markets jumped on Friday as a last-gasp Sino-U.S. trade deal and a likely major election win by Britain’s Conservative Party looked to have cleared a couple of dark clouds from the global horizon.

WASHINGTON — The Federal Reserve held interest rates steady following its two-day meeting this week and indicated that no action is likely next year amid persistently low inflation.

TOKYO (Reuters) - Asian stocks rose on Thursday to the highest in a month after the Federal Reserve signaled rate settings were likely to remain accommodative, but the imminent UK election and a deadline for Sino-U.S. trade talks kept investors cautious.

SINGAPORE (Reuters) - The dollar nursed its steepest losses in weeks on Thursday, after the U.S. Federal Reserve’s benign inflation outlook hosed down expectations for a rate hike any time soon, pushing Treasury yields lower.