Nomura Sees Pound Climbing to $1.40 to $1.50 Range in 2019

The video discusses the economic conditions in the Eurozone and the US, highlighting the impact of China's slowdown on European markets. It predicts future market trends, including potential trade wars and currency fluctuations. The discussion also covers Brexit scenarios and their implications for the euro and sterling, with a focus on possible outcomes and strategies.

What was the initial economic condition in Europe at the start of the year?

• High inflation, low growth

• High growth, low inflation

• Low growth, high inflation

• Stagnant growth and inflation

What could potentially save the euro according to the discussion?

• Higher European interest rates

• Dollar weakness and China's fiscal stimulus

• Stronger domestic growth in Europe

• Increased US exports

What is the speaker's stance on the euro versus sterling?

• Long on both

• Neutral on both

• Long euro, short sterling

• Short euro, long sterling

What are the three Brexit scenarios discussed?

• Deal, no deal, or a new election

• Deal, no deal, or no Brexit at all

• No deal, new election, or no Brexit

• Deal, new referendum, or no Brexit

What is the expected range for cable by the end of 2019?

• 1.20 to 1.30

• 1.30 to 1.40

• 1.40 to 1.50

• 1.50 to 1.60