Brexit Puts Drag on U.K. Homebuilders

The video discusses the market trends on a risk-off day, highlighting declines in European equities and currencies against the dollar. It examines the performance of UK miners post-Brexit referendum, noting significant gains. The impact of Brexit on the UK property market is analyzed, showing declines in home builder stocks. The video also covers the UK services sector, with a focus on the PMI drop and its implications for the economy.

Which European country experienced the largest drop in equity indices during the session?

• Portugal

• Switzerland

• Norway

• Austria

What was the percentage increase in the Footsie 350 Mining index since June 24th?

• 84%

• 33%

• 60%

• 14%

Which mining company saw its value double since January 20th?

• Anglo

• Antofagasta

• Glencore

• BHP Billiton

What was the percentage decline in UK home builder stocks after the Brexit result?

• 20-30%

• 40-50%

• 10-20%

• 30-40%

What was the PMI number for UK services, matching a 38-month low?

• 53.3

• 52.3

• 50.3

• 51.3