Pound Will Have a Bit More Upside, Says Pictet’s Paolini

The video discusses the recent gains of the British pound, attributing them to factors such as weak valuation, economic data, and dollar weakness. It predicts a modest increase in the pound's value by the end of next year. The discussion then shifts to Brexit, suggesting that if the Conservatives win the election, Brexit will occur in January, followed by a period of relative calm. However, future trade negotiations are expected to be challenging, with a focus on the US election in the interim.

What factors are contributing to the recent gains in the pound?

• Weakness in the euro

• Confidence in a Conservative win

• Strong UK economic data

• High inflation rates

What is expected to happen to the pound if a Brexit deal is reached?

• It will experience a short-term boost

• It will remain stable

• It will have no impact

• It will decline sharply

When is Brexit expected to occur if the Conservatives win the election?

• In January

• In June

• In December

• In March

What is the anticipated focus after Brexit occurs?

• The Asian markets

• The European Union

• The US election

• The Middle East

What is the expected economic climate in the UK after Brexit?

• A period of instability

• Immediate economic growth

• A recession

• A year of relative calm