Suncorp's Dragicevich Says Pound Is Untradeable at the Moment

The video discusses the uncertainty in business markets due to Brexit, focusing on the impact on sterling and UK bond yields. It highlights the political challenges faced by Theresa May, including a potential leadership challenge and the slim chances of the current deal passing through Parliament. The video analyzes market reactions to these political events, noting the volatility and difficulty in forming a strategic market view. It concludes by exploring potential outcomes, such as a leadership change or a hard Brexit, and their impact on markets.

What is one of the main challenges Theresa May is facing according to the discussion?

• A potential leadership challenge

• A new trade deal with the US

• Increasing bond yields

• A strong majority in Parliament

What is the expected trend for sterling in the coming months?

• It is expected to remain stable

• It is expected to outperform other currencies

• It is expected to be lower

• It is expected to rise significantly

What might cause a short-term relief rally in sterling?

• A leadership change in the UK

• A successful trade deal with the EU

• Theresa May avoiding a confidence vote

• A decrease in UK bond yields

Why is it difficult to take a strategic view on trading sterling?

• Because of the high volatility and uncertainty

• Due to the long-term certainty of Brexit

• Due to a strong economic forecast

• Because of stable market conditions

What market reaction is likely if there is a change in UK leadership?

• Sterling will outperform other currencies

• UK bond yields will decrease

• The probability of a softer Brexit will increase

• Sterling will underperform broadly