Pound falls in Asia trade as Brexit fears mount.
Sterling fell in Asian trade on Monday after weekend polls showed growing support for a UK departure from the European Union. The pound fell as much as 1.1% against the dollar and by about 0.7% against the euro. And Asian stocks fall and the unemployment figures led to speculation the Federal Reserve may not increase interest rates by July. Margaret Yang from CMC Markets in Singapore called the data was "a big miss. The disappointing jobs the June and thus will help to stabilize global liquidity and exchange rate expectations despite some corrections in the near termJapan's Nikkei 225 and the broader Topix index both fell 1.2% in morning trading on Monday. However, Australia's S&P/ASX 200 rose by 0.5%. Markets in Shanghai and Hong Kong both opened higher. South Korea and New Zealand's stock markets are closed for public holidays.