Pound Slumps as London Locks Down to Curb Virus, Brexit Drags On

The video discusses the impact of London's lockdown on the Brexit process, highlighting the complexities added by the coronavirus pandemic. It explores the Bank of England's potential responses to market conditions, including the possibility of negative interest rates. The discussion also covers the performance of European currencies, particularly the Norwegian kroner and Canadian dollar, in light of declining oil prices and coronavirus concerns. Finally, the video examines the timeline for Brexit negotiations, emphasizing the importance of the December 31st deadline and potential market reactions.

What are the implications of a no-deal Brexit for the UK economy?

In what ways could the developments in the oil market affect the Canadian dollar and Norwegian kroner?

How might the holiday season affect the Brexit negotiations?