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Press Association’s latest forecast: Cons projected to win 321 seats

The latest Press Association forecast, just out at 4am BST, projects Cons 321, Lab 260, SNP 33, Lib Dem 14, DUP 10, SF 6, Plaid 3, Green 1, UUP 1, Ind 1. 

The estimates are very much in line with recent projections shared by BBC or Sky News. If a minor government by the Tories is confirmed - do not rule out a Labour win - , the Sterling should remain under pressure as European markets open. 

Is UK PM May preparing to make way for a successor?

 

USD/JPY jumps to 200-DMA of 110.33, investors unconcerned by UK election uncertainty?

The Dollar-Yen pair jumped to 200-DMA of 110.33, suggesting the investors are not really worried about the potential for a political turmoil in the UK
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UK Election update: Tories 256, Labour 231

As of writing, 550 seats were declared; out which Tories took 256, while 231 went to Labour. Sky News and BBC are forecasting a hung parliament.
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