Glencore Drags on Commodity Producers

The video discusses market trends, highlighting a three-day rise in action and investor anticipation of Janet Yellen's speech. It covers Glencore's significant profit drop due to lower raw material prices and its plans to reduce debt. The video also examines WPP's growth, aided by Brexit's currency effects, and the performance of UK assets post-Brexit, noting significant changes in the FTSE and sterling.

What was the main reason for Glencore's 66% drop in first-half profit?

• Lower raw material prices

• Higher tax rates

• Increased operational costs

• Decreased market demand

Which mining company experienced the highest percentage increase since January 20th?

• Glencore

• Rio

• BHP

• Anglo

How did WPP benefit from Brexit?

• Increased local investments

• Currency translation gains

• Higher domestic sales

• Reduced operational costs

What was the percentage increase in the Footsie 100 in local currency terms post-Brexit?

• 10.5%

• 3.8%

• 6.9%

• 107.8%

Which currency gained the most against the pound since Brexit?

• Yen

• US Dollar

• Euro

• Swiss Franc