FTSE 100 Rebounds to Erase Post-Brexit Losses

FTSE 100 Rebounds to Erase Post-Brexit Losses

Assessment

Interactive Video

Business

University

Hard

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The video discusses the recovery of the FTSE and European stock markets following initial post-Brexit losses, highlighting a significant rally. It examines Moody's downgraded outlook for UK banks due to Brexit's impact on profitability and economic growth. The video also explores the volatility in the pound-dollar exchange rate, noting recent declines in volatility levels. Finally, it analyzes how the price of Sterling is affecting various asset classes, with a focus on its correlation with the euro and the Euro STOXX 50 index.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What effect did Brexit have on the profitability of UK banks according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What correlation value between pound euro and euro STOXX 50 is mentioned in the text?

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