Nomura Securities’ Takada on Pound, Hedge Funds' Stance on Stocks

The video discusses the positioning of hedge funds on the pound sterling, highlighting a potential shift from net short positions due to short covering. It examines the limited impact of Brexit on cross-asset markets, noting a cautious approach by hedge funds. The forecast for November suggests a cautious stance on global stock markets, with potential risks from US-China relations and political uncertainties. The video emphasizes the importance of market dynamics and hedge fund strategies in navigating these challenges.

What is the estimated break-even cost for the CTA's short position on the pound-dollar pair?

• 1.25

• 1.20

• 1.35

• 1.30

How are most hedge funds reacting to the current UK political situation?

• Divesting from UK assets

• Focusing on US markets

• Taking a wait-and-see approach

• Aggressively increasing positions

What is expected to influence the global stock market around November 5th?

• Oil price fluctuations

• Interest rate changes

• US-China trade agreement

• A new Brexit deal

What is the current stance of hedge funds on the global stock market?

• Highly optimistic

• Cautious

• Indifferent

• Pessimistic

What could potentially push up the global stock market by the end of the year?

• Increased hedge fund protection

• A US-China trade deal

• Rising oil prices

• A new EU trade agreement