GBP/USD was down 0.50% on the day at 1.2446.

Iraqi Oil Minister: Iraq has not been asked to make any additional voluntary production cuts ahead of the June 4 OPEC+ meeting.

Pakistani military spokesman: The Pakistani army will not enforce martial law in the country.

Bank of Canada appoints Rhys Mendes as deputy governor.

The White House: very worried about the potential risk of default.

US White House: Congressional staff will continue to discuss the debt ceiling issue during the weekend.

White House: US President Joe Biden will meet with lawmakers early next week to discuss the debt ceiling.

US White House: The debt ceiling meeting over the past few days has yielded results.

White House: US President Joe Biden will go to Hiroshima, Japan to attend the G7 summit.

Intercontinental Exchange: As of the week of May 9, the speculative net short position in gasoline decreased by 3995 contracts to -28547 contracts.

Intercontinental Exchange: As of the week of May 9, the speculative net long position of Brent crude oil decreased by 25,094 hands to 112,742 hands.

Market news: Bangladesh has closed its main seaports due to the approach of Cyclone Mocha.

Sources: IAEA chief Grossi plans to present to the UN Security Council this month an agreement with Russia and Ukraine on protecting the Zaporozhye nuclear power plant, diplomats say.

ARY NEWS: Ex-Pakistani Prime Minister Imran Khan leaves court hours after being granted bail.

Google: Deleting location history applies to some medical facilities, including counseling centers, domestic violence shelters, abortion clinics.

Google: If a user has Location History turned on and our system recognizes that they have visited "particularly private" places, these entries will be deleted from the history shortly after the visit.

Fitch: It is expected that European refining margins will decrease in the short term, but will still be higher than the historical average.

Central Bank of Peru: Inflation has begun to ease, but it cannot be said to be under control.