UK Cabinet Minister Leadsom: Continue to support May's Brexit deal

The UK Cabinet Minister, Andrea Leadsom was out on the wires in the last hour saying that the UK must be able to negotiate free trade deals after Brexit and leave the EU with no deal if needed.

Continues to support the UK PM Theresa May's Brexit deal. I am actively considering running for PM but will make the announcement when May steps down, Leadsom added further.
 

AUD/USD plummets to lows, farther below 0.6900 mark on RBA rate cut talks

• RBA’s Lowe hints to a possible rate cut at June policy meeting. • Rising US bond yields underpin USD and add to the selling bias. The AUD/USD pair
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China SMEI: Broad-based weakening in May – Standard Chartered

Lan Shen, economist at Standard Chartered, points out that their latest SMEI survey indicates a further softening in China’s SMEs’ performance in May
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