HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS:According to press reports, UK Premier Theresa May is likely to face a leadership challenge later today. If she does lose —a simple majority of votes against her by conservative MPs would suffice—an interim leader will have to be appointed, further complicating the Brexit process. Against a broadly firmer USD, the GBP extended its recent losses while the EUR/GBP continued to trade above 0.9000 for the third session in a row. Turning...