Pound Spikes After May Says She Has "Full Support" Of Her Cabinet

Amid speculation and doubts that UK Prime Minister Theresa May could be forced to resign as soon as Christmas amid a mutiny of Tory MPs following her disastrous conference speech, which resulted in the pound's biggest weekly decline since last October’s flash crash, moments ago the UK Press Association reported that Theresa May said she is providing “calm leadership” with the “full support” of her cabinet, which sent the pound surging in kneejerk reaction.