Asian stocks rally, while Pound depreciates

Source: Reuters
© Scanpix/Reuters
Asian stock prices increased, while the Pound dropped to the lowest point in five week as the ECB and the BOE assured investors that they will not unwind their monetary stimulus any time soon. MSCI index of shares outside Japan jumped 0.5%, while Nikkei appreciated 1.3%. Hong Kong's and Australian stocks rose 1.4% and 0.7% respectively. The Pound dropped to $1.5026 but last traded at 1.5045, 0.2% loss on Friday.

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