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10 things you need to know before European markets open

Good morning! Here's what you need to know. 1. The value of the British pound surged after Prime Minister Theresa May confirmed that she would seek to hold a general election on June 8. May delivered a speech outside Number 10 Downing Street with just over one hour's warning, confirming that she would present a motion to the House of Commons to hold the election. 2. The Conservative Party is 1/10 to take the most seats in a June 8 General Election, according to odds quoted by bookmaker Ladbrokes, and 1/5 to be the majority party.
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