How Vulnerable is Sterling to Brexit Volatility?
The pound rose to its strongest level in more than a month versus the dollar amid signs the “remain” camp is pulling ahead in the campaign over Britain’s membership of the European Union. Sterling touched a six-week high against the euro, after posting its longest winning streak in 10 months through Friday, as U.S. President Barack Obama backed the U.K. government’s position that Britain’s economy and trading relationships would be at risk should it quit the world’s largest single market. BlackRock Deputy CIO of Fixed Income Scott Thiel discusses with Bloomberg's Francine Lacqua on "The Pulse."
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WPP CEO Says Brexit Uncertainty Is Difficult for Business
37:05 - Former Bank of England Governor Mervyn King and Sir Martin Sorrell, chief executive officer at WPP Plc, discuss the Brexit endgame and how U.K. businesses are being impacted by negotiations. They speak with Bloomberg's Francine Lacqua on "Bloomberg Surveillance." (Source: Bloomberg)