Australian shares are poised to edge lower. European shares advanced with the FTSE 100 rising 0.9 per cent amid expectations that the Labour party will easily win a majority mandate.
Exit polls showed Labour would win 410 seats, securing a majority of 170.
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Timothy Moore writes on monetary policy, equities, commodities and currencies. He is the overnight markets editor and writes Before the Bell. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com
