Bloomberg Market Wrap 1/7: EM Currencies, Truck Orders and Oil

The video discusses the recent trends in emerging markets, focusing on currency gains in Brazil, South Africa, and Russia. It highlights the impact of the US Federal Reserve's policies and the solid US economy on these markets. The video also examines Class 8 truck orders, noting a potential bearish signal for the economy due to declining orders. Finally, it explores the oil market, noting a recent price increase driven by US-China trade talks and OPEC's supply management, despite growing American stockpiles.

What recent developments have influenced the oil market positively?

What implications do the recent oil rig counts have for the oil market?