Brexit, Other Factors to Push Sterling to Lower Levels: Macquarie's Daly

The video discusses the positioning of the pound in the current market, with a focus on the Bank of England's potential rate cuts. It compares the Bank of England's policies with other central banks, highlighting the differences in interest rates. The discussion also covers the global economic slowdown and its impact on monetary policy, with a particular emphasis on Mark Carney's speech and the market's expectations for future rate decisions.

In what ways is the market currently pricing in cuts for the Bank of England?

What are the implications of Brexit concerns on the economic outlook?