Asian Market Update : Epic Research Malaysia

Asian stocks resumed declines, while the pound took a breather following its record rout as the fallout from Britain's shock vote to leave the European Union continued to dominate trading. Some commodity-linked currencies rallied with crude oil.

After bouncing last session on speculation policy makers will bolster stimulus, Japanese shares reverted to losses as the yen strengthened. Elsewhere in markets there were signs of a tepid recovery, with sterling was little changed after tumbling 11 per cent following the Brexit decision.

Australia's dollar climbed for the first time in three sessions, rallying with US index futures as oil snapped its worst two-day slide since February. Gold hovered around its highest price in almost two years as industrial metals increased.

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