Emirates NBD's Fox on Iran, Brexit and the Fed

The video discusses the oil industry's spending patterns, particularly in the Middle East, highlighting their long-term investment strategies. It also examines G7 currency volatility, focusing on the pound's fluctuations. The potential impact of Brexit on markets is analyzed, considering opinion polls and market readiness for the UK's possible exit from the EU.

What is the primary reason the Middle East is maintaining its oil investments despite global spending cuts?

• To ensure long-term growth and revenue stability

• To increase short-term profits

• To reduce fiscal deficits

• To compete with other oil-producing regions

What is contributing to the increased volatility in G7 currencies?

• Rising oil prices

• Brexit discussions and opinion polls

• Changes in the US interest rates

• Trade agreements with China

How does the Fed's dot plot influence market perceptions?

• It creates skepticism due to its reliance on limited data

• It stabilizes currency markets

• It provides a clear prediction of future interest rates

• It directly impacts oil prices

What is the market's general expectation regarding the UK's potential exit from the EU?

• A smooth transition with minimal impact

• Increased uncertainty and potential currency weakness

• Strengthening of the pound

• Immediate economic growth

Why might markets be hesitant to fully anticipate the Brexit outcome?

• Assurance of a quick negotiation process

• Previous inaccuracies in opinion polls

• Confidence in the UK's economic resilience

• Belief in the EU's stability