If You Can Stomach Pound Volatility Bet on Soft Brexit, Lombard Odier Says

If You Can Stomach Pound Volatility Bet on Soft Brexit, Lombard Odier Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the recent performance of sterling, highlighting its rise against the dollar and the market's reaction to Brexit developments. It emphasizes the ongoing volatility due to Brexit uncertainties and the challenges in making informed trades on sterling. The discussion suggests that a soft Brexit is the likely outcome, which would limit sterling's appreciation due to economic damage. Overall, the video advises caution in short-term trading due to political uncertainties.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the performance of sterling against the dollar on a year-to-date basis?

It has decreased by 6%

It has decreased by 4%

It has remained stable

It has increased by 4%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the market's current stance on the hard Brexit premium?

It is stable

It is being priced out

It is being priced in

It is increasing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could cause continued volatility in the market according to the speaker?

A strong economic performance

A stable political environment

Rejection of the Withdrawal agreement

A new trade agreement

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the central scenario for Brexit according to the speaker?

A soft Brexit

A second referendum

A hard Brexit

A no-deal Brexit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of a soft Brexit on sterling's medium-term performance?

Sterling will increase moderately

Sterling will remain unchanged

Sterling will increase significantly

Sterling will decrease significantly