How Brexit Polls Are Impacting the Pound

The video discusses the impact of the triple deficit on sterling, suggesting it should trade lower due to the need for increased savings and limited domestic investment opportunities. It highlights opportunities in the market, particularly the Japanese yen, due to deflationary dynamics and real yield increases. The discussion shifts to Japan's monetary policy, exploring potential changes like helicopter money. Finally, the impact of commodities on currencies, especially the Australian and Canadian dollars, is examined, considering China's exchange rate devaluation.

What factors are contributing to the low nominal interest rates mentioned in the text?

What impact does the speaker believe the devaluation of China's exchange rate has on Australia?