Pound Would Rise on Corbyn-Led Labour-LibDem Coalition: RBC

The transcript discusses the impact of political events on the British pound, focusing on the ruling by Scottish judges that prorogation is unlawful and its potential effects on currency markets. It examines the political dynamics surrounding Boris Johnson's attempts to call an early election and the opposition's strategy. The discussion also covers market reactions to a possible conservative majority and the implications for Brexit, including scenarios of a hard Brexit or a softer version under a Corbin minority government with the Lib Dems.

What was the ruling of the Scottish judges regarding the prorogation?

• It was lawful.

• It was postponed.

• It was inconclusive.

• It was unlawful.

Why did the opposition refuse to agree to an early election?

• They were focusing on economic policies.

• They were planning a coalition.

• They were waiting for Johnson to ask for an extension.

• They wanted a new leader.

What is the potential impact on the pound if the political momentum leads to an election?

• The pound will decrease significantly.

• The pound will remain stable.

• The pound will definitely increase.

• The pound may reach parity with the euro.

What is the market's typical preference regarding a conservative majority?

• It prefers a liberal majority.

• It favors a conservative majority.

• It opposes a conservative majority.

• It is indifferent to a conservative majority.

What is considered a positive scenario for the pound according to the transcript?

• A hard Brexit.

• A no-deal Brexit.

• A conservative majority.

• A Corbyn minority government with a softer Brexit.