GLOBAL MARKETS-Stocks, sterling lick wounds after Brexit bashing

Stocks climbed and sterling edged off its three-decade long lows on Thursday, licking their wounds from a Brexit-driven pummelling as upbeat U.S (Other OTC: UBGXF - news) . Wall Street was expected to start broadly steady as an ADP national employment report for June came in stronger than expected with 172,000 jobs added, ahead of closely-followed payrolls data on Friday. In the currency market, Brexit-battered sterling clawed its way back above $1.30.