Are Brexit-Hit Markets in Recovery Mode?
The pound, European stocks and commodities were all headed for their first gains since Britain’s shock vote to leave the European Union, while Asian shares erased losses amid signs policy makers are taking steps to limit any economic fallout. Sterling and the Stoxx Europe 600 Index both rebounded after tumbling 11 percent in the last two trading sessions. A gauge of the greenback’s strength snapped its steepest rally since 2011. State Street Global Markets International Ltd Global Head of Macro Strategy Michael Metcalfe discusses with "On the Move" hosts Guy Johnson in London and Caroline Hyde in Berlin.