European Stocks Extend Losses

The video discusses the decline in stock markets, with every industry group on the stock 600 falling. It highlights the impact of the UK referendum on market trends, noting a significant drop in sterling against the dollar. The currency market sees sterling at its lowest since 1985, with a 13% plunge. BNP Paraba predicts further downside risks. The video also covers interest rate cuts and bond market trends, with yields hitting record lows. Finally, it examines the surge in precious metals, with silver and gold experiencing significant gains since the Brexit result.

What was the percentage drop in the stock 600 since the UK referendum results were announced?

• 5%

• 8%

• 12%

• 10%

To what level did the sterling fall against the dollar, marking its lowest since 1985?

• 1.2500

• 1.3010

• 1.2798

• 1.3200

According to BNP Paraba, what is the expected basis point cut in August?

• 25 basis points

• 15 basis points

• 10 basis points

• 50 basis points

How much did the Bloomberg Global developed Sovereign bond index increase in securities yielding less than zero?

• $9 trillion

• $5 trillion

• $1 trillion

• $10 trillion

What was the percentage increase in Fresnillo, the silver and gold producer, since the Brexit result?

• 61%

• 50%

• 45%

• 55%