By 2H of 2020, Yuan Will Be at 6.80 to the Dollar: Macquarie’s Le

The video discusses the current weak economic indicators and limited signs of recovery, particularly in Hong Kong and China. Despite this, there is a positive outlook for the next year, with expectations of industrial recovery and global growth. The RMB is highlighted for its strength, and the performance of other EM currencies like the Korean won and Taiwan dollar is also discussed. The video emphasizes the importance of focusing on fundamentals over market noise and the impact of trade talks and a phase one deal on currency forecasts.

What indicators suggest that the economic growth is currently weak?

What is the expected outlook for the industrial cycle next year?

Which currencies are expected to outperform in 2020 according to the text?

What factors are contributing to the performance of the Korean won?

How might the lack of a phase one trade deal affect global growth concerns?