Politics Over Macro 'New Norm' for Currencies, Says BofA's Sharma

The video discusses the impact of geopolitical events on currency markets, highlighting unexpected swings in currencies like the Canadian dollar and the influence of political events such as Brexit and trade wars. It examines how markets have adapted to these changes, with central banks like New Zealand's RBNZ adjusting their strategies. Historical events like the Lehman crash and Ukraine crisis are reviewed for their currency impacts. The video also explores the challenges faced by emerging markets and the role of investment sentiment in current market dynamics.

In what way are geopolitical and trade tensions influencing central banks' decisions?

What is the overall sentiment regarding emerging markets as described in the text?