SaxoTV

Beecroft: Scotland says No, markets say thanks

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Chairman of Saxo Capital Markets Nick Beecroft updates us on market conditions after the result in the Scottish referendum. A Yes vote would have been "disastrous" says Nick who had correctly predicted the fall in Sterling ahead of the vote actually taking place. Sterling and stocks with Scottish exposure have rallied after the No vote was made official earlier today. Nick outlines how the markets are quickly moving on and switching focus onto US rate hikes and UK growth.