Westpac's Callow on Asian Emerging-Market Currencies, Aussie

The video discusses the trends in emerging market currencies, focusing on the uncertainty surrounding the US dollar and its impact on Southeast Asian economies. It highlights the currency strength issues faced by these economies, particularly in relation to exports and tourism. The discussion also covers the Australian dollar's performance, driven by commodity prices and market positioning, and the potential actions of the Reserve Bank of Australia.

What is a key factor affecting the Thai baht's performance in the market?

• Oil prices

• Thailand's export and tourism sensitivity

• US stock market trends

• Interest rates in Europe

What challenge is Indonesia facing regarding its currency policy?

• Deciding whether to increase exports

• Managing inflation rates

• Choosing between raising or lowering interest rates

• Balancing trade with China

How might a change in the Federal Reserve's outlook impact emerging market equities?

• Rise in commodity prices

• Increase in foreign investments

• Decrease in inflows

• Stabilization of currency values

What is one reason for the recent strength of the Australian dollar?

• High base metal prices

• Rising interest rates

• Strong performance of iron ore and gold

• Increased tourism

What is the Reserve Bank of Australia's likely course of action in the near future?

• Focus on boosting exports

• Hold interest rates steady

• Increase interest rates significantly

• Decrease interest rates sharply