After months of vague and ambiguous statements about what Brexit actually means (apart, of course, from Brexit), Prime Minister Theresa May will lay out plans for negotiations in a speech on Tuesday.
Sterling GBPUSD, -1.1081% fell to an intraday low of $1.1987, the first time the U.K. currency has traded below $1.20 since it mysteriously tanked 9% in the early hours of Oct. 7. During the flash crash, the pound dropped as low as $1.1378 on some trading platforms. Other currency-providers showed a low of around $1.1841.
Stock futures pointed to a lower opening for Canada's main stock index on Monday as oil prices slipped, pressured by doubts that large oil producers will reduce production.
Next trading day's important events
- USDJPY: 114.15
- EURUSD: 1.0591
- S&P 500: 2,274.64
- NASDAQ : 5,574.16