Bank of New York's Derrick Sees Market Focus Changing

The video discusses market stress points, focusing on uncertainties and shifts in market attention from the US and UK to political events in Europe. It highlights the initial concerns about Brexit and the Trump administration, noting a shift to a 'wait and see' mode. The discussion covers market uncertainty, optimism about the US economy, and the potential for modest global growth. It also examines currency trends, monetary policy, and the performance of the sterling against the dollar and euro.

What has been the recent shift in market focus according to the discussion?

• From the US and UK to political events in Europe

• From the US to South America

• From Asia to the US

• From Europe to Asia

What is the current market sentiment regarding the US economy?

• Complete pessimism

• Uncertainty with some optimism

• Indifference

• Total confidence

How is the US Federal Reserve's approach described in the discussion?

• Unpredictable

• Aggressive

• Cautious

• Indifferent

What is the expected trend for the sterling against the euro?

• It will underperform

• It will decline sharply

• It will outperform

• It will remain stable

What is the potential impact of political uncertainties on the euro?

• Strengthening the euro

• Weighing down the euro

• No impact

• Boosting the euro's value