European Stocks Rebound in First Gain Since Brexit

The video discusses recent market trends, highlighting a risk-on rally with significant movements in stocks, currencies, and bonds. It focuses on the British pound's fluctuations, especially post-Brexit, and the implications for UK interest rates. The bond market's response, with yields reaching record lows, is also analyzed, indicating a shift towards riskier assets.

Which financial market showed a significant rally, with Switzerland and London both up by two and a half percent?

• Stocks

• Commodities

• Bonds

• Credit Default Swaps

What was the three-day decline percentage for the Bloomberg British Pound Index?

• 8%

• 5%

• 10%

• 12%

After the Brexit vote, what was the probability of a rate cut by the Bank of England?

• 0%

• 25%

• 43%

• 68%

What happened to the yield on the UK 10-year bond following expectations of a rate cut?

• It rose to a record high

• It fell below 1%

• It remained unchanged

• It rose above 2%

What trend was observed in asset movement as yields rose?

• Money moved into currencies

• Money moved into riskier assets

• Money moved into haven assets

• Money moved into commodities