Livesquawk reporting latest headlines, citing that the UK
PM Theresa May is expected to issue a statement in Downing Street at
10.15 GMT today.
Chatter is doing the rounds that the PM may call for a snap
election in her statement. However, her spokesman said on March 20 that
a snap general election "isn't going to happen."
According to BBC's political editor, the PM only calls these types of announcements for most serious matter.
Meanwhile, the pound slumps almost 50-pips on the above headlines, knocking-off GBP/USD to fresh daily lows of 1.2530.
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