How Brexit Is Beginning to Impact Financial Markets

The video discusses the economic impact of the EU referendum, highlighting weak consumer and manufacturing confidence. It analyzes currency trends, particularly the pound, and market reactions. The UK faces challenges with its current account deficit and political risks from upcoming elections. Market indicators and economic predictions are examined, with a focus on the potential for a mild recession.

What was the immediate effect on consumer confidence following the EU referendum?

• It remained stable.

• It weakened considerably.

• It showed no change.

• It increased significantly.

What is the expected trend for the pound according to the discussion?

• It will remain unchanged.

• It will decline to 1:25 by Q1 2017.

• It will stabilize at 1:40.

• It will rise above 1:50.

What is a key factor in financing the UK's current account deficit?

• Domestic savings

• Foreign direct investment

• Government bonds

• Tax revenue

Which upcoming political event is NOT mentioned as a potential risk to the European economy?

• French elections

• Austrian presidential election rerun

• German elections

• Spanish elections

What is the predicted nature of the upcoming recession in the UK?

• Mild with three negative quarters

• Severe and prolonged

• Short and sharp

• Non-existent