Pound Is Un-Investible for Next Two Weeks, Says UBP's Kinsella

Pound Is Un-Investible for Next Two Weeks, Says UBP's Kinsella

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the impact of Brexit on the British pound (Sterling) and the challenges faced by traders due to market volatility. It highlights the uncertainty surrounding the upcoming Parliament vote on Theresa May's Brexit deal and the potential extension of Article 50. The discussion also touches on economic indicators in Europe, particularly Italy's stagnation, and the European Central Bank's (ECB) unlikely rate hike in 2019.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact could extending Article 50 have on the market perception of sterling?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the implications of a no-deal scenario on sterling's value.

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