NEW YORK (Reuters) – A gauge of global equity markets hit a five-month high on Friday on investor optimism over U.S.-Chinese trade talks and hopes a new Brexit vote next week will prove successful, but the dollar headed to its biggest weekly loss since early December.

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 8, 2019. REUTERS/Brendan McDermid

Hopes of Britain avoiding a chaotic exit from the European Union lifted stock indexes in Europe to highs last seen in October, while substantive progress on U.S.-China trade talks -as reported by China’s state-run news agency – also buoyed sentiment.

Prime Minister Theresa May’s deputy warned lawmakers that unless they approved her Brexit divorce deal after two

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