HSBC's Bloom Says Pound `Cheap to Fair Value' Amid Brexit Fatigue

The transcript covers the political and economic landscape surrounding Brexit, focusing on the UK's potential customs union with the EU and the impact on sterling. It includes media reactions, political maneuvers by Theresa May, and an analysis by David Bloom from HSBC on currency strategy. The discussion highlights market uncertainty, interest rates, and the potential outcomes of Brexit, including soft and hard scenarios. Sterling's volatility and its relationship with the Euro are also examined, emphasizing the need for significant news to break current currency ranges.

What factors are influencing the current volatility of the sterling?

What predictions were made about the future of sterling in relation to Brexit outcomes?