CLEAN : Analyst: Pound weak on post-Brexit fallout

CLEAN : Analyst: Pound weak on post-Brexit fallout

Assessment

Interactive Video

Business, Economics, Social Studies

11th - 12th Grade

Hard

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The video discusses initial fears about liquidity issues affecting British banks, which were avoided. The Bank of England's monetary easing could impact the sterling pound's exchange rate. The Japanese yen is expected to remain stable, with potential intervention deterred by US reactions. Market movements were driven by global liquidity concerns, but recent reactions are seen as overreactions.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial concern regarding British banks?

A rise in interest rates

A potential liquidity squeeze

An increase in inflation

A decrease in foreign investments

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action might the Bank of England take in the medium term?

Increase interest rates

Monetary easing

Introduce new banking regulations

Decrease taxes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factor is deterring the Japanese government from intervening in the currency market?

The Chinese market trends

The US reaction

The European Union's policies

The Australian dollar's performance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the market's reaction attributed to?

A change in government policy

A global liquidity squeeze

A rise in oil prices

A new trade agreement

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the transcript suggest about the market's reaction?

It was too slow

It was justified

It was an overreaction

It was well-calculated