Downside Risks to Growth Are Intensifying, Says SocGen’s Daw

The video discusses the flatness of the US yield curve as an indicator of potential recession, compounded by global economic slowdown and trade wars. It highlights the need for more aggressive monetary policy from central banks, despite limited interest rate options. The discussion also covers currency market trends, particularly the Japanese yen's role amid global risk aversion.

What concerns are reflected in the currency markets as mentioned in the text?

How does the Japanese yen perform in the context of global economic concerns?