Sterling to 'Fall Quite Hard' on Hard Brexit, Says Rabobank's Foley

Sterling to 'Fall Quite Hard' on Hard Brexit, Says Rabobank's Foley

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the uncertainty surrounding Brexit and its impact on the UK economy, particularly focusing on upcoming GDP data. It highlights the role of politics in influencing the pound and market expectations, with a general forecast of a soft Brexit. The discussion also covers political negotiations, market nervousness, and the potential shift in commentators' views from a soft to a hard Brexit, which could affect the value of sterling.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the general sentiment regarding the UK's economic data in relation to Brexit?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the Bank of England's interest rate hike influenced perceptions of Brexit?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the outcome of the meeting between Teresa May and Merkel as described in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does politics play in the current Brexit negotiations according to the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences if commentators shift their views from a soft Brexit to a hard Brexit?

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