1st JUNE 2022 / Anthony cheung

IS GBP HEADING FOR AN "EXISTENTIAL" CRISIS?!

This week Bank of America put out a note suggesting that investors should hedge for an “existential” sterling crisis as the British currency faces struggles usually seen in emerging markets.

What supports this pessimistic view and is it a credible argument or simply a sensational conclusion to generate broad appeal in the media?

We then shift our focus to crude oil where prices have briefly touched $120 a barrel this week as the conflict in Ukraine intensifies and the EU has agreed to pursue a partial ban on Russian oil.

Is this latest round of sanctions a big deal? and find out why the art of political deflection is well and truly underway!

Daily newsletter
Take a Finance Accelerator simulation

Connect with Anthony
Connect with Piers
market-maker-on-phone

Your Daily Markets Newsletter

Academic knowledge is not enough, you need to know what's happening in markets today!

From analysis on the latest news to insights across Wall Street and career tips to help you secure your future role in finance.