Draghis Comments Are Comfort for Markets: Shaw

The transcript discusses the impact of ECB's announcements on market movements and currency exchange rates, particularly focusing on the Euro and Yen. It also delves into the UK political scene, highlighting the uncertainty around potential coalitions and the influence of UKIP. The conversation touches on economic growth in the UK, noting that despite growth, GDP per head remains below pre-crisis levels, affecting political support.

What is one of the main challenges faced by the ECB in managing exchange rates?

• Managing trade deficits

• Competing with the Bank of Japan's QE efforts

• Increasing interest rates

• Reducing inflation

What is a significant factor contributing to the uncertainty in the UK political landscape?

• A strong Labour majority

• The rise of UKIP

• A clear electoral agreement

• Stable Conservative leadership

How does UKIP's influence potentially affect the upcoming elections?

• By reducing the number of seats in Parliament

• By increasing voter turnout

• By taking votes from both major parties

• By forming a coalition with Labour

Despite economic growth, why might the UK population not feel a 'feel-good' factor?

• Increased unemployment

• High inflation rates

• Rising interest rates

• GDP per capita is still below pre-crisis levels

What is one reason the Prime Minister struggles to gain support despite strong economic growth?

• High levels of immigration

• Lack of effective communication

• Population growth affecting GDP per capita

• Increased government spending