Asian markets close higher as markets await political developments in Europe, London attack eyed
BYCheang Ming
Published 7:12 PM ET Sun, 18 June 2017

Asian bourses strengthened on Monday as markets geared up ahead of Brexit negotiations between the U.K. and the European Union and kept an eye on a deadly attack on worshipers leaving a mosque in London.

An incident involving a van driving into a crowd of people in the Finsbury Park Area of London is now being treated as a terrorist attack, Reuters said. One man has been reported dead while an individual has been detained by police. "Enquiries continue," the metropolitan police wrote in a notice on the incident.

This comes ahead of scheduled talks between negotiations between the European Union and the U.K. regarding Brexit arrangements due to begin later today. The British pound climbed slightly to trade at $1.2781, its highest level in more than a week, while the euro was mostly flat at $1.1200.