UK PM May to make a statement in parliament at 1530 GMT

According to the latest headlines floating on the wires, the UK PM Theresa May will be making an oral statement, titled “Exiting the European Union”, in the parliament at 1530 GMT.

This comes on the back of news that the May will pull Tuesday's meaningful Brexit vote to avoid facing a huge defeat, which exerted some fresh downward pressure on the British Pound during the European session on Monday.