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PM May has no intentions of calling early elections - UK PM Spokesman

UK Prime Minister Theresa May's spokesman was out on wires noting that PM has no intentions of calling early election.

Additional headlines:

   •   absolutely on course for deadline on triggering Brexit
   •   clear she wants an un-amended Brexit bill to pass

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Haresh Menghani

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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GBP/USD tumbles to three-day lows around 1.3420

GBP/USD comes under extra selling pressure and revisits the area of multi-day lows near 1.3420 in quite a bearish start to the week. Cable’s decline comes amid the firmer Greenback as investors continue to assess developments in the US-Iran conflict. Moving forward, attention will turn to the UK employment report on Tuesday.


EUR/USD bears retain control below 200-SMA on H4; break of 1.1400 awaited

The EUR/USD pair is seen consolidating during the Asian session on Tuesday and trading just above the 1.1400 mark, or a four-day low touched the previous day. Market participants seem hesitant and keenly await the highly-anticipated European Central Bank meeting on Thursday before positioning for the next leg of a directional move.


Gold rises cautiously as Fed hike bets, US‑Iran tensions cap gains

Gold regains positive traction following the previous day's two-way price moves, though it struggles to capitalize on the move and trades below the $4,050 level during the Asian session on Tuesday. Despite a cycle of tit-for-tat strikes between the US and Iran, US Secretary of State Marco Rubio said on Sunday that the US was still open to holding talks with Iran, keeping hopes alive for a potential diplomatic resolution to the conflict.

Grayscale eyes Worldcoin ETF launch following S-1 filing

Grayscale filed an S-1 registration statement with the US Securities and Exchange Commission on Monday to launch a Grayscale Worldcoin ETF. The proposed fund, which would trade on Nasdaq under the ticker GWLD, is designed to give investors exposure to Worldcoin through a traditional brokerage account, eliminating the need to buy the token directly.

Here's where the Canadian Dollar is headed next: 4 bearish scenarios and a bullish one
The Canadian Dollar (CAD) has ridden a volatile first half of the year, with Oil prices surging and then falling as markets danced to the Middle East’s tune. Neither the Bank of Canada nor the Federal Reserve has changed rates so far this year, and the USD/CAD's next move may depend on which of the two banks fails to deliver what markets expect.
US Dollar mid-year outlook: Exceptional currency, exceptional risks?
The US Dollar enters the second half of 2026 in a markedly different position from a year ago. The King currency has recovered, reflecting persistent US inflation, changing expectations for Fed policy, geopolitical tensions and renewed demand for defensive assets.