Central Banks Have Their Day in the Sun

Central Banks Have Their Day in the Sun

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video discusses global interest rate changes, highlighting Korea, the Swiss National Bank, and New Zealand's rate cuts. It explains the Kiwi's rise against the dollar despite New Zealand's rate cut, due to the central bank's confidence in inflation targets. The crude oil market is analyzed, noting a rebound after OPEC's output target abandonment and US stockpile data. Glencore's market performance is reviewed, including its debt reduction strategy and potential IPO of its agricultural business.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the closing price of crude oil mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant announcement did Glencore make regarding its agricultural business?

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