European Stocks Rebound to End Five Day Losing Streak

European Stocks Rebound to End Five Day Losing Streak

Assessment

Interactive Video

Business

University

Hard

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The European stock market saw a recovery with a 1.2% rise after a series of losses. Inditex reported a strong first quarter, while H&M's sales were below expectations. Schneider Electric's attempt to acquire Aviva failed due to high integration costs. The pound-dollar exchange rate experienced significant volatility, reaching levels not seen since 2008, but market stress indicators have calmed as the UK referendum approaches.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the implied volatility of the pound dollar change recently?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What indicators suggest about market stress before the UK referendum?

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