Morning Meeting: Bears Seek Shelter From Pound

Morning Meeting: Bears Seek Shelter From Pound

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the current trends in the Sterling market, focusing on the high bearish bets and recent strengthening. Richard Cocinas from City provides insights into short covering and the potential impacts of Brexit. The Bank of England's monetary policy, including rate cuts and QE, is analyzed, with expectations of further actions. The softer dollar's influence on Sterling is also explored, along with future economic predictions and questions for Governor Carney.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the anticipated economic impacts of Brexit according to the discussion?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways is the softer dollar influencing the sterling market?

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