Market Update: European Stocks Pare Loss
European stocks pared earlier losses before reports on U.S. jobs and German industrial output. U.S.futures were little changed, while Asian shares fell.
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Saudi Arabia Said to Probe Bank Currency Trades
17:55 - Banks in Saudi Arabia are coming under fresh pressure over products that allow speculators to bet against the kingdom’s currency peg, according to people with knowledge of the matter. Western Asset Management Company Portfolio Manager John Bellows weighs in on "Bloomberg ‹GO›." (Source: Bloomberg)