CLEAN : Pound pummelled, stocks slammed by Brexit vote

CLEAN : Pound pummelled, stocks slammed by Brexit vote

Assessment

Interactive Video

Other

10th Grade - University

Hard

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The video discusses the negative impact of uncertainty on the British pound and how investors tend to seek safe assets like the US dollar, Swiss franc, Japanese yen, and gold during such times. It highlights the short-term positive effect on the dollar and the potential implications of Brexit on global markets, including the Federal Reserve's interest rate decisions. The video also covers how central banks are preparing to provide liquidity to stabilize financial markets during periods of stress.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might Brexit contribute to global market uncertainty?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are central banks taking to prepare for potential financial crises?

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