Kit Juckes: Several Bits of Nervousness in Markets

The video discusses the current nervousness in currency markets, particularly focusing on the Polish Lottie and its potential vulnerability due to Brexit. It also examines the Federal Reserve's stance on the US economy, highlighting Janet Yellen's belief in labor market strength and the expectation of a rate hike. The discussion extends to the Fed's acceptance of a 'new normal' with lower growth prospects. The video further explores market reactions to Brexit uncertainty across Europe, including Poland, Spain, and Italy, and concludes with the Fed's diminishing influence on global markets.

What is the main concern regarding the Polish Zloty in the context of Brexit?

• Its potential vulnerability due to Brexit

• Its liquidity in Eastern Europe

• Its correlation with the Chinese economy

• Its relationship with industrial metals

What does the Federal Reserve's acceptance of the 'new normal' imply?

• Stable interest rates

• Higher growth expectations

• Increased market influence

• Lower growth prospects

Which factor is NOT mentioned as a reason for market nervousness?

• Industrial metal prices

• US labor market strength

• Chinese economic confidence

• Brexit uncertainties

How did the market react to the Federal Reserve's dovish stance?

• Significant long-term gains

• Short-lived market bid

• Immediate market crash

• Steady market growth

What is a major theme discussed in relation to Brexit's impact?

• Increased US interest rates

• Growth in industrial metals

• Strengthening of the US dollar

• Uncertainty in European countries