EU Warns Johnson Over Tampering With Brexit Divorce Deal

The transcript discusses investor assumptions about a potential deal and its impact on the sterling and markets. It highlights the historical context of Brexit and its influence on sterling's value. The conversation also covers market adjustments, pricing, and implied volatility as deadlines approach, emphasizing the importance of monitoring market indicators.

What factors are influencing investor assumptions about a potential deal being reached?

How did the closure of U.S. markets affect the reaction of other markets to the news?

What historical context is influencing current market behavior regarding Brexit negotiations?

What are the implications of the December 31st deadline on market pricing?

How might implied volatility in the options market reflect investor sentiment about Brexit?