Asia markets opened higher on the first day of the new quarter, tracking global stocks' third day of recovery from the post-Brexit sell-off. Australia's ASX 200 was up 0.7 percent, with most sectors trading up.
In Japan, the Nikkei 225 was up 0.77 percent, while across the Korean Strait, the Kospi was higher by 0.79 percent. In the currency market, the British pound continued to wobble amid fresh political surprises and after Bank of England Governor Mark Carney said in a speech that the economic outlook of the UK has deteriorated following its decision to quit the European Union.
He said some monetary policy easing will likely be required over the summer. The British pound climbed to USD 1.3343, compared with Thursday's levels near USD 1.3405 during Asian hours. Cable had tumbled to near USD 1.3225 in the wake of Carney's remarks overnight.
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In Japan, the Nikkei 225 was up 0.77 percent, while across the Korean Strait, the Kospi was higher by 0.79 percent. In the currency market, the British pound continued to wobble amid fresh political surprises and after Bank of England Governor Mark Carney said in a speech that the economic outlook of the UK has deteriorated following its decision to quit the European Union. 
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