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UK PM Theresa May to make a statement by mid-morning - Reuters

Reuters reports some No. 10 sources, as saying that the UK PM Theresa May is said to be expected to make a statement by mid-morning.

Markets are likely to keep a close eye on the statement, as she may hint towards her departure date.

According to the UK Times report released earlier this week, PM May is preparing to quit from her position on Friday after latest cabinet mutiny over her Brexit proposal.

USD/JPY hangs near 1-week lows, just below mid-109.00s

• The USD held on the defensive despite a goodish bounce in the US bond yields. • Escalating US-China trade tensions continue to underpin JPY’s safe-
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Sweden Producer Price Index (MoM): -0.7% (April) vs previous 1.2%

Sweden Producer Price Index (MoM): -0.7% (April) vs previous 1.2%
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