Asian Market Update : Epic Research Malaysia

The British pound rallied against the US dollar in Asian trade while stock markets were mostly up but traders stepped nervously as they await the result of Britain's in-out EU referendum on Thursday.

Attention around the globe is now fixated on the ballot, which opinion polls are saying is too close to call but bookmakers suggest will definitely see a victory for the "remain" camp.

Markets suffered a sharp sell-off last week after surveys indicated the country would leave, which many analysts warn could lead to another global rout just months after a China-fuelled sell-off that wiped trillions off valuations.

However, they have rallied over the past four days as the pro-EU campaign has recovered momentum.

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