Panic In The Kingdom: Saudi Currency, Bonds, Banks Extend Collapse Despite OPEC ‘Deal’

by Tyler Durden
ZeroHedge.com
Sep 29, 2016

Following Obama’s 9/11 bill veto defeat yesterday, and despite a surge in oil prices after a ‘deal’ was struck by OPEC, Saudi Arabia’s markets are signaling panic in The Kingdom. Currency forwards are collapsing, default risk is jumping, and bank stocks are hitting record lows…

The Rest…HERE

This entry was posted on Thursday, September 29th, 2016 at 12:03 pm and is filed under 911, Economics, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.