Asia markets closed higher while the pound rose on Monday, amid easing Brexit concerns after several weekend polls showed the remain camp regained momentum ahead of a referendum vote to decide the U.K.'s future within the European Union (EU).
Australia's ASX 200 advanced 94.13 points, or 1.82 percent, to 5,256.80, with a 2.32 percent increase in the financials sub-index, which accounts for nearly half of the broader index. The energy and materials sub-indexes also advanced 5.39 and 2.33 percent respectively.
The benchmark Nikkei 225 in Japan closed up 365.64 points, or 2.34 percent, at 15,965.30, as a relatively weaker yen took some pressure off stocks and investors ignored news of a more than 11 percent drop in Japanese exports for the month of May. Across the Korean Strait, the Kospi gained 27.72 points, or 1.42 percent, at 1,981.12. In Hong Kong, the Hang Seng index added 1.75 percent as of 2:35 p.m. HK/SIN.
Chinese markets retraced initial losses to close higher, with the Shanghai composite adding 3.48 points, or 0.12 percent, to 2,888.59, while the Shenzhen composite closed up 8.38 points, or 0.44 percent, at 1,909.12.
Indian markets traded mixed following news that Reserve Bank of India's governor Raghuram Rajan will be leaving his position once his current term ends. The Nifty 50 was up 0.44 percent while the Sensex added 0.45 percent as of 3:00 p.m. HK/SIN.
The Indian rupee, however, fell 0.48 percent against the dollar, with the pair trading at 67.385 in the afternoon local time, while other emerging market currencies advanced; it was the biggest one-day drop since May 2016. On Saturday, RBI governor Rajan said he would step down from his position in September, ending a three-year tenure. Rajan's policies as governor partly helped to shore up the rupee against the dollar.