UK PM May to make an unscheduled statement to the Commons this afternoon

According to the latest headlines floating on the wires, the UK PM Theresa May is said to make an unscheduled statement to the Commons this afternoon on Brexit negotiations. 

The news comes after Reuters, citing unnamed European Union diplomats, reported that this week´s EU Brexit Summit may not produce a Brexit breakthrough.

Hence, May's comments, along with the UK Brexit Secretary Dominic Raab's written statement to the British Parliament will play an important role in driving sentiment surrounding the British Pound.