We Have Cautious View on EM Through 2018, Says UOB's Heng

The video discusses the current state of emerging markets, highlighting the risks and macroeconomic drivers affecting them. It emphasizes the role of the Federal Reserve's policies and the impact of inflation on emerging market currencies. The discussion includes specific examples from countries like Turkey and the Philippines, where inflation is rising. The video also covers the proactive measures taken by Asian central banks, particularly in Indonesia, to address currency depreciation and current account deficits.

Discuss the implications of weak macro indicators in emerging markets.

What challenges do countries like Indonesia face regarding their current account deficits?