JPMorgan, HSBC Say Rebranded Nafta Deal Has Little Impact

JPMorgan, HSBC Say Rebranded Nafta Deal Has Little Impact

Assessment

Interactive Video

Business

University

Hard

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The video discusses a new trade agreement that introduces modest changes, impacting the Canadian dollar and Mexican peso positively. Experts John Henry and John Norman provide insights, noting the deal's limited global impact but positive sentiment for North American markets. The discussion covers US growth, consumer confidence, and the inclusion of TPP elements. Concerns about global trade, particularly US-China relations, and their effect on investment sentiment are highlighted. The video concludes with currency market reactions, emphasizing the Canadian dollar's appreciation and limited scope for the Mexican peso.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the modest changes mentioned in the free trade agreement?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the Canadian dollar and Mexican peso react to the news of the tentative agreement?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the agreement for North American markets according to the guests?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the broader trade issues that may still affect the US-China relationship?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the trade agreement impact investment sentiment globally?

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