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Pound Soars as Exit Poll Predicts Tory Win; Asian Bonds Rebound
©2015 Bloomberg News NO0ARK6KLVRG (Bloomberg) — The pound jumped as an exit poll indicated the U.K. Conservative Party will retain power after elections, quelling concern over the prospect of protracted coalition negotiations. Asian bonds tracked a recovery in Treasuries, while most stocks rose ahead of U.S. labor market data. Sterling
Emerging Stocks, Currencies Gain as Economic Confidence Returns
©2015 Bloomberg News NX9F936K50XZ (Bloomberg) — Emerging-market assets rose for a third day as increasing confidence that the global economy is stabilizing outweighed concern that a pending increase in U.S. borrowing costs will lure money away from developing nations. Colombia’s peso led gains in currencies, strengthening 3.5 percent against the
