How Does Leadsom Leaving U.K. PM Race Impact Markets?

The video discusses the political uncertainty in the UK, focusing on the race for the next Prime Minister and its impact on the FX market. It explores the implications of Article 50 and Brexit, highlighting the volatility of the pound and the economic challenges facing the UK and Europe. The discussion includes potential interest rate changes by the Bank of England and the broader economic outlook, with a focus on consumer confidence and systemic risks in European banks.

In what ways might the triggering of Article 50 impact the UK's relationship with the EU?

What factors contribute to the volatility of the pound in the context of Brexit and Article 50?