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    Markets in Asia post a slight rebound

    Asia markets traded higher on the final day of a volatile week amid concerns surrounding key central bank decisions and the U.K.’s upcoming June 23 referendum vote on its future within the European Union. Investor sentiment in Asia also received a boost after U.S. stocks ended a five-day losing streak to close higher Thursday.

    Much of the global economic uncertainty seen in markets this week was due to the crucial June 23 referendum in the U.K., where Britons will vote to decide to either leave or remain within the European Union. Several surveys released recently have shown public opinion was divided, with the Brexit campaign gaining momentum.

     

    Campaigning for the referendum, however, was halted Thursday, after a pro-EU British lawmaker, Jo Cox, was shot to death while meeting with constituents. Police said they arrested a 52-year-old man in the attack on Cox, but did not know of a motive for the killing.

    Japanese shares received a boost from a relatively weaker yen, as the benchmark Nikkei 225 was up 1.54 percent. The yen had strengthened against the dollar, after the Bank of Japan kept monetary policy steady on Thursday in line with expectations. Chinese mainland shares traded higher, with the benchmark Shanghaicomposite up 0.69 percent and the Shenzhen composite adding 1.05 percent.

     

    Any person acting on this information does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.


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