Speculation that the speech for a leadership bid by UK Labour MP Streeting will be between 17:00-17:30BST, Times' Kendix reports

The speculation around Labour MP Streeting's leadership bid speech highlights potential shifting dynamics within UK politics, which could influence market sentiment, particularly for the GBP. If Streeting's position resonates with investors, it could bolster the GBP against the USD, impacting cross-asset flows in the Forex and equity markets. Keep an eye on how this develops in relation to broader political contexts and responses in the sessions following the speech.