MUFG's Halpenny Sees Gradual Increase in Oil Prices

The video discusses the current state of the oil market, highlighting the influence of OPEC and U.S. stockpiles on oil prices. It examines the impact of these prices on various currencies, such as the Norwegian kroner, Russian ruble, and Canadian dollar, and explores the monetary policy divergence among central banks like the Riksbank, Fed, and Bank of England. The video also touches on geopolitical factors affecting the Russian ruble, including the Trump-Putin dynamic.

What conclusions were drawn about central banks' tolerance to inflationary pressures?

How might the Trump-Putin relationship affect the Russian ruble according to the discussion?