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

Thursday, September 29, 2016
By Paul Martin

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…

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