May’s Tories Prepare for Possible Election Amid Brexit Divisions

The transcript discusses the ongoing Brexit situation, highlighting the potential for a general election and the market's focus on Brexit developments. It covers the EU's diminishing patience with the UK and the risks of a no deal Brexit, which could lead to a significant depreciation of the pound. Investors are preparing for potential outcomes by either exiting the market or buying volatility, with market volatility reaching levels not seen since the 2016 referendum.

What are markets particularly interested in regarding Brexit negotiations?

• The role of the United Nations in Brexit

• The possibility of a new referendum

• The impact of Brexit on the US economy

• Whether lawmakers can agree on exit options

What did EU President Juncker indicate about the EU's patience with the UK?

• It is increasing

• It will last indefinitely

• It is running out

• It has already ended

Why is a no-deal Brexit considered a major concern for pound traders?

• It would have no impact on the pound

• It would cause a significant depreciation of the pound

• It would lead to a significant appreciation of the pound

• It would stabilize the pound

How are investors preparing for the Brexit deadline?

• By ignoring the market

• By investing in real estate

• By buying volatility

• By selling all their assets

What recent trend was observed in pound-dollar options?

• A decrease in volatility

• A decline in trading volume

• A surge in implied volatility

• A stable market