Pound Volatility `Far Too Low' Given Brexit Risks, JPMorgan Says

The video discusses the current state of Brexit negotiations, highlighting the UK Parliament's summer break and the importance of the upcoming October meeting with the European Union. It examines the market's reaction to Brexit developments, focusing on the pound's weakness and the low volatility in the currency market. The discussion also covers factors influencing the pound, such as global interest rates and trade tensions, and the impact of political developments in the UK and the US on currency movements.

What role do rising global rates and trade tensions play in the UK's economic situation?

How might political developments in the UK affect the currency market in the future?