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BLOOMBERG Bloomberg Markets Middle East October 25, 2016

The emirates. Angie and im angie lau. We are watching asian stocks rise, along with Industrial Metals as we see the play across the markets here. When it comes to the u. S. Treasury space, some interesting things are happening from saudi arabia. Yousef i would elevate that, promote it from interesting to very interesting. Most countries in the emerging markets have curtailed back the scale of the selling and liquidating of the u. S. Treasury, with the exception of saudi arabia and china. The fire sale is still happening. This chart shows you the extent of what has been happening here, on the chinese side and the saudi arabia side. Both of those countries are trying to use some of those proceeds. Saudi arabia, a decline for the seventh straight month. 123. 7 billion at the end of january. Since then, a 25 decline as it tries to address the 11. 4 budget deficit projected by bloomberg. What is going to happen though, after this bond issue . It is going to change how they lock in those gai

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