Theresa May to step down on June 7

Theresa May has just announced that she will step down as the leader of her party on 7 June. May will continue to serve as the UK Prime Minister until the new PM is elected. The British pound began to erase daily gain on the news.

Chart of the day - WHEAT (14.05.2021)
Economic calendar: US retail sales, ECB minutes
Morning wrap (14.05.2021)
Daily summary: US stocks rebound after yesterday's sell-off
Bumble stock plunges 14% despite strong quarterly figures
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