Pound Faces Volatility From Post-Brexit EU Trade Talks, Foley Says

Pound Faces Volatility From Post-Brexit EU Trade Talks, Foley Says

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Business, Social Studies

University

Hard

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The transcript discusses the market's optimistic reaction to a recent Brexit vote in Parliament, suggesting that Boris Johnson may have the numbers to push his deal through. It highlights the potential for volatility in the Sterling market due to uncertainties in upcoming trade negotiations with the EU. The discussion also covers the short-term outlook for Brexit, considering the possibility of a no-deal Brexit if trade talks do not go well, and the potential political implications if Boris Johnson's government gains a majority.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Ben Act in the context of Brexit?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does the speaker express regarding the trade talks in 2020?

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