Sterling Has a Breather With No-Deal Off the Table: Fidelity's Iannelli

The video discusses the current market optimism despite political setbacks, particularly focusing on the reduced risk of a no-deal Brexit. It highlights the market's reaction to recent political developments, including the approval of amendments and the potential for a deal. The discussion also covers market probabilities, the impact of political amendments, and the cautious positioning in sterling assets, which could lead to positive market movements.

What does the speaker imply about the future of market movements?

What role does positioning in the market play according to the speaker?