StanChart's Robertsen Sees Pound Higher, Volatility Lower With Brexit Deal

StanChart's Robertsen Sees Pound Higher, Volatility Lower With Brexit Deal

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Interactive Video

Business

University

Hard

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The video discusses the volatility in the pound sterling, emphasizing the impact of uncertainty on the currency's value. It highlights the importance of reducing uncertainty to stabilize the market and suggests that a finalized deal, despite potential unpalatability, could lead to a stronger pound and lower volatility. The discussion also covers recent movements in the pound, attributing them to concerns over deal specifics and the broader economic implications. The final section addresses the challenges in reaching a deal, likening it to the final mile of a marathon, where the most difficult hurdles remain.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker expect to happen to sterling if a deal is reached?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why does the speaker believe that the final stages of negotiations will be difficult?

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