Dollar Appreciation May Come to a Close by Year-End, BNP Says

The video discusses the divergence in monetary policies between the Bank of Japan (BOJ) and other global central banks, particularly the US Federal Reserve. It predicts a correction in this divergence starting in 2019, with the European Central Bank (ECB) joining in. The implications for the US dollar and global market flows are significant, with expectations of a moderation in the US dollar and potential resumption of flows into emerging markets. The video also covers predictions on US Treasury yields, suggesting they will remain elevated but stable, impacting market dynamics.

How might the anticipated changes in monetary policy from the ECB affect emerging markets?

What are the implications of the divergence between the BOJ and other global central banks on the US dollar?

Discuss the potential impact of the Fed's actions on bond traders' strategies in 2019-2020.

What predictions are made regarding US Treasury yields by early to mid-2019?

What factors are contributing to the pedestrian flows into emerging markets?