Asian shares were on the back foot early on Wednesday,taking their cue from Wall Street as
the deepening crisis in Iraq and a report that the U.S. could be loosening restrictions.
On crude exports triggered a rally in oil prices.The British pound nursed losses on Wednesday after comments from the Bank of England governorcooled expectations for an interest rate hike this year, while its G3 counterparts drifted in well-worn ranges.
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