How Brexit and Tory Leadership Will Impact Sterling

Chancellor of the Exchequer George Osborne heads to Wall Street on Monday aiming to shore up investor confidence in the U.K.’s economy and financial markets roiled by the vote to quit the European Union. Leaving behind what’s set to be another week of political disarray at home, Osborne is embarking on a two-week shuttle tour of the U.S., China and Singapore in a bid to persuade financiers to stick with the U.K. as it prepares to end its union with the world’s largest trading bloc. CIBC Head of FX Strategy Jeremy Stretch discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."

U.K.'s May Calls for Two-Year Brexit Transition Period
21:22 - U.K. Prime Minister Theresa May speaks in Florence, Italy on the need for a period of implementation after the nation leaves the European Union. (Source: Bloomberg)
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