Dollar to Rise as Fed May Raise Two or Three Times, Westpac's Rennie Says

The video discusses the outlook for the US dollar and Asian equities, predicting a strengthening dollar due to expected Fed rate hikes and a more optimistic view on Asian equities despite trade tariffs. It also examines the potential positive impact of a US market correction on global markets, highlighting correlations with oil and high yield markets. The video concludes with an analysis of the oil market, emphasizing the need for OPEC action, potential production cuts in the Permian Basin, and stabilization of global demand to maintain crude prices.

What correlation is mentioned between current market weaknesses and equity markets?

What is the anticipated equilibrium price range for crude oil?