Asia stocks gain as Brexit fears ebb slightly, safe-havens retreat

A pedestrian holding an umbrella walks past a stock quotation board outside a brokerage in TokyoBy Shinichi Saoshiro TOKYO (Reuters) – Asian stocks gained as some fears that Britain would vote to leave the European Union abated on Monday, boosting a recovery in both sterling and investors' taste for risk assets. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1 percent. Japan's Nikkei climbed more than 2 percent, helped by a retreat in the recently bullish yen.

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