Brexit's Been Difficult for Markets to Price, Says Citigroup's Fordham

The video discusses the impact of UK inflation data on sterling, highlighting how currency traders are focusing on the Bank of England's announcements rather than Brexit's political challenges. It suggests that upcoming speeches from the UK Prime Minister and her cabinet may provide more clarity on Brexit. The video also explores political risks in Europe, particularly in Italy and Germany, noting that while Brexit poses significant risks to the UK, Italy's upcoming elections and the five star movement's influence are also noteworthy.

What has been the primary focus of currency traders in the UK recently?

• European Central Bank policies

• US inflation data

• Latest announcements from the Bank of England

• Political challenges of Brexit

What is expected to change in the coming weeks regarding Brexit?

• More speeches from the UK Prime Minister and her cabinet

• The UK will leave the EU

• The EU will finalize a deal

• The Bank of England will cut interest rates

What is the significance of the Brussels Summit in March for the UK?

• It will discuss the UK's new currency

• It will introduce new trade tariffs

• It is expected to provide concrete results for a transitional deal

• It will finalize the UK's exit from the EU

Which country is considered the next significant political risk in Europe after the UK?

• Italy

• Germany

• Spain

• France

What is the current perception of euroskepticism in Italy?

• It is causing economic instability

• It is the main focus of the elections

• It is no longer a significant risk

• It is a growing concern