Nomura's Rochester Says Delay to Article 50 Is a Positive for Sterling

The video discusses the implications of a two-month risk reversal for the pound, highlighting the bearish sentiment and potential downside risks. It explores the impact of elections and Article 50 delays on the pound's value. The discussion then shifts to the binary outcomes for the pound, considering deal, no deal, and other scenarios. Theresa May's Brexit strategy is analyzed, focusing on her willingness to risk a no-deal Brexit. The role of the Attorney General in Brexit negotiations is also covered, particularly regarding changes to the backstop.

What are the potential risks for the pound mentioned in the text?

How does the sentiment around Brexit affect the inflows into the UK?

What are the three scenarios simplified in the discussion regarding Brexit?

What are the implications of a no-deal Brexit as discussed in the text?

What role does the Attorney General play in the context of Brexit negotiations?