BNY Mellon’s Derrick Sees Likelihood of Parliament Voting for Brexit Extension

The video discusses the impact of Brexit on the British pound, focusing on market confidence and the potential extension of Article 50. It explores how the pound might react to various Brexit-related votes and the implications of these outcomes. Additionally, the video examines global trends in currency reserves, highlighting a shift towards non-currency assets like gold, reflecting concerns about the credibility of fiat currencies.

What factors does Simon Derek believe will influence the market's focus in the coming weeks?

What does Simon Derek imply about the credibility of reserve currencies in the current market?