Lebovitz, Katzive on the Outlook for Trade Post G-20

The video discusses the interplay between political risks and economic conditions, emphasizing the importance of monetary policy and interest rates over political events like the G20. It highlights the ongoing trade negotiations, particularly NAFTA, and their market implications. The UK economic data, including poor consumer data and negative wage growth, is analyzed for its potential impact on the market and the British pound. The uncertainty surrounding Brexit negotiations is also discussed, with a focus on its effects on the currency market.

In what ways might the market react to the upcoming steel report mentioned in the conversation?

What are the potential implications of Brexit on the British pound as discussed?