Pound May Fall Below $1.15 on No-Deal Brexit, Lombard Odier Says

Pound May Fall Below $1.15 on No-Deal Brexit, Lombard Odier Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the impact of Brexit on Euro Sterling, highlighting resistance and support levels. It explores potential outcomes of a no deal Brexit, including economic consequences and inflation spikes. The discussion also covers wealth destruction in the UK since the Brexit referendum, with a focus on house prices and valuation models. Finally, it compares the UK's potential economic future to Singapore's model, emphasizing political decisions and trade-offs.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the resistance level for euro sterling?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the potential impact of a no deal Brexit on cable?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of a hard Brexit premium on cable according to the speaker?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker mean by 'wealth destruction' in the context of the UK economy?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker indicate about the current state of house prices in London?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker compare the UK's economic situation to that of Singapore?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What uncertainties does the speaker mention regarding the Brexit deal and its potential impact?

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