The Traderszone Network

Published in TZ Latest News 7 May, 2015 by The TZ Newswire Staff

Asian shares rebound, sterling jumps on UK exit polls

Asian shares rebounded from one-month lows on Friday, helped by signs global bond markets are stabilizing after a big selloff, though investors were on guard ahead of U.S. jobs data and crunch talks between Greece and its creditors at the weekend. Sterling jumped more than one percent against other major currencies after British Prime Minister David Cameron appeared set to govern Britain, showing surprising strength in a tightly-contested election. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4 percent, recovering from a one-month low hit earlier.

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