Sheets: Sterling Will Weaken Further, Euro Strengthens

The transcript discusses the dynamics of currency markets, focusing on the weakening of sterling and strengthening of the euro. It explores the impact of these changes on manufacturing and stock markets, particularly in the US and Europe. The discussion then shifts to Brexit, highlighting the challenges in negotiations, especially concerning immigration and trade relationships. The role of EU leaders, such as Merkel and Yunker, in shaping the future of Europe post-Brexit is also examined.

What factors contribute to the expectation that sterling will weaken further?

How does the current account deficit affect the UK's economic relationship with the European Union?

What challenges does the ECB face in delivering its message to the markets?

In what ways might Brexit impact the future relationship between the UK and the EU?

What is the significance of labor movement issues in the Brexit negotiations?