Dollar to Keep EM Currencies Under Pressure, Citi's Costa Says

The video discusses the impact of trade war escalation on global growth, highlighting the acceleration of emerging markets, particularly in China. It contrasts the economic conditions in Western Europe and the response of the People's Bank of China (PBOC) to these changes. The video identifies opportunities in emerging markets, especially in front end rates, and notes the pressure on currencies due to the strong US dollar, which acts as a magnet in the global economy.

How is the trade war affecting growth according to the text?

What are the key signals indicating that emerging markets (EM) are accelerating?

What does the text suggest about the central banks' actions in emerging markets?

What opportunities are identified in the front end of the market?

What are the implications of the 'big dollar' mentioned in the text?