Macquarie's Shvets Sees China PPI Lower by Year's End

The video discusses the factors contributing to inflation, such as the non-tradeable sector, vegetable prices, and commodity prices. It highlights the role of speculation in the Chinese financial sector affecting commodity prices. The discussion moves to market expectations and the impact of base effects on inflation rates. The video also examines the strength of currencies, particularly the US dollar, and its implications for the global economy, influenced by the Trump administration's policies.

What is the speaker's view on the impact of the Trump administration's policies on the US dollar?

In what way does the speaker believe local currencies may become overvalued?