UBS Sees `Convincing Dollar Selloff' in Second Half of 2019

The video discusses the current state of emerging markets, focusing on China's economic situation and its impact on global markets. It highlights the role of government support and easing measures in China, the implications for the renminbi, and the potential for investment opportunities in emerging markets. The discussion also covers currency trends, particularly the dollar and euro, and suggests investment strategies in Asia and other emerging markets.

What is the significance of China's slow easing in the context of emerging markets?

• It leads to immediate economic growth.

• It is a necessary but not sufficient condition for improving investor appetite.

• It guarantees high returns for investors.

• It has no impact on emerging markets.

How does the current balance of payments situation in China affect the renminbi?

• It has no effect on the renminbi.

• It strengthens the renminbi significantly.

• It poses a downside risk to the renminbi.

• It leads to a stable renminbi.

What is the expected trend for the dollar according to the UBS call?

• The dollar will remain stable.

• The dollar will fluctuate unpredictably.

• The dollar has peaked and is expected to weaken.

• The dollar is expected to strengthen significantly.

Which part of the emerging markets is expected to underperform due to central bank easing?

• European markets

• Latin American markets

• Asian currencies

• African markets

What investment strategy is suggested for high-yield credit in Asia?

• Invest in government bonds instead.

• Focus solely on European high-yield credit.

• Invest in Asian high-yield credit due to easing policies.

• Avoid investing in Asian high-yield credit.