UK PM May: Important Parliament abides by 2016 referendum result

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“It is important Parliament abides by 2016 referendum result rather than talking about holding a second referendum,” British Prime Minister Theresa May told the House of Commons. 

The British pound seems to be hurt by the PM’s latest remarks with the GBP/USD pair dropping below the 1.32 mark. Furthermore, the 10-year UK Bond yield dropped below the 1% mark for the first time since September 2017.

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