Kevin cirilli. The rouhani victory comes at a time when donald trump is visiting saudi arabia and the saudis are going out of their way to welcome him. Walk us through what youve seen on the ground in riyadh. President nt trump is on a dealmaking spree worth billions of dollars. He is met with top ceos and leaders here in saudi arabia. Here is what you secretary wilbur ross told me. Rosss. Secretary wilbur told me. I could not imagine a business day mortgage for the United States and for the thedom more good for United States and for the kingdom. The investigations in the United States could risk ever shadowing his international trip. He is facing a lot of allegations about his international ties to russia. Tracey we did see u. S. Markets take a tumble off the back of some of the domestic headlines surrounding President Trump. Now that he is in saudi, what is going on on that front in terms of his domestic standing in the u. S. . Back in the United States and there are intensifying pre
Tracey this is Bloomberg Markets middle east. We did have a pretty busy week in markets in general around the world. Lets take a look at the big moves we saw as we headed into the weekend. The dollar index, dollar \5th of aabout 1 em percent. Opec finally getting the reaction it hoped for. Take a look at the equity market s p 500. Barely changed on friday but that is enough to push a new record close. Meanwhile the vix pizza dropping. Down to 98. 1 . European stocks not having as good a day as their european counterparts. As of their counterparts. Yousef a number of headlines are in focus. That includes what is happening with turkish stocks. An interesting five day trade. Take a look at that in more detail. They did pair off some of those gains with a fall but they had a weekly gain of some 2. 7 . Gold, plenty of bullish increases. Net loss at its highest in three weeks. African rand 12. 88 against the u. S. Dollar. South african president jacob zumas fate in the balance. Ino we had a