Sterling Continues to Bounce Around With Brexit Talks

The video discusses the recent movements in sterling, attributing them to market liquidity issues and algorithmic trading. It highlights the uncertainty surrounding Brexit and the potential for a Scottish independence referendum, noting the challenges in pricing these risks. The discussion shifts to the Federal Reserve's upcoming rate hike decision, speculating on whether it will be hawkish or dovish, given recent commodity price trends and inflation data.

What factors are contributing to the current market nervousness regarding sterling?

How does the lack of liquidity affect market movements according to the speaker?

What implications does the speaker suggest regarding the Scottish independence referendum?

What is the speaker's perspective on pricing in the risk of the Scottish independence referendum?

What does the speaker predict about the Federal Reserve's approach to interest rates?