Sterling leaps, world stocks stall as BoE holds fire on Brexit response
By Marc Jones LONDON (Reuters) - Sterling surged and world shares stopped in their tracks having hit an eight-month high on Thursday, as the Bank of England unexpectedly opted to keep its post-Brexit powder dry for at least few more weeks. Talk of more stimulus from Japan had put markets in a bullish mood ahead of what had been tipped as the BoE's first interest rate cut since 2009. European stocks and Wall Street futures trimmed some their day's gains.
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