EM Insight: Red Flags as Oil, Dollar, Treasury Yields Start to Dance in Step

The video discusses the current turbulence in emerging markets, highlighting alarming signals from global assets like oil, the dollar, and U.S. Treasury yields. It explores the historical context, including the trade war and virus impact, and the ongoing oil price war between Russia and Saudi Arabia. The video analyzes risk metrics, showing increased spreads between emerging market U.S. dollar debt and Treasurys, and discusses potential investment opportunities. It concludes with Russia's economic response, focusing on monetary policy changes to stabilize the ruble amid falling oil prices.

Discuss the implications of the oil price war between Russia and Saudi Arabia on global markets.

What are the potential monetary policy responses from Russia in light of the current economic conditions?