Pound Is Un-Investible for Next Two Weeks, Says UBP's Kinsella

Pound Is Un-Investible for Next Two Weeks, Says UBP's Kinsella

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the impact of Brexit on the British pound (Sterling) and the challenges faced by traders due to market volatility. It highlights the uncertainty surrounding the upcoming Parliament vote on Theresa May's Brexit deal and the potential extension of Article 50. The discussion also touches on economic indicators in Europe, particularly Italy's stagnation, and the European Central Bank's (ECB) unlikely rate hike in 2019.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for the volatility of the British pound as discussed in the video?

Global economic slowdown

Brexit-related headlines

Interest rate changes by the Bank of England

Trade tensions with the United States

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one potential action Theresa May might take if her Brexit deal does not pass?

Extend Article 50

Resign from her position

Call for a general election

Implement a no-deal Brexit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the date January 14th in the context of Brexit?

It marks the beginning of the Brexit transition period

It is the date when Article 50 was first triggered

It is the deadline for a new Brexit deal

It is the date of the Parliament vote on Theresa May's Brexit deal

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic challenge is Italy facing according to the video?

High inflation

Stagnation

Rapid economic growth

Trade surplus

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it unlikely that the ECB will raise interest rates in 2019?

Political stability in the Eurozone

Slowing growth and inflation dynamics

Strong economic growth

High inflation rates