U.K. Faces Key Brexit Vote Tuesday

The video discusses the uncertainty surrounding Brexit, particularly the potential rejection of Theresa May's deal and the lack of consensus on alternatives. This uncertainty is affecting market stability, with various options on the table, including a no-deal Brexit. External factors, such as decisions by the ECB and the US Federal Reserve, also influence the UK market. The video highlights the impact of these developments on currency dynamics, particularly the sterling, and the resulting market volatility.

What is the significance of the upcoming vote on May's New Deal?

In what ways is implied volatility expected to change due to the current situation?