Seasonal Slump Underway: Sell in April and Go Away
April 5 (Bloomberg) -- On today's "Insight & Action," Adam Johnson looks at the performance of stocks, oil and the euro during the months of April through June. He speaks on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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Why Are Saudi Banks Being Probed About FX Forwards?
49:16 - 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. The Saudi Arabia Monetary Agency has asked lenders to explain why they are offering dollar-riyal forward structured products to customers less than four months after the regulator banned options contracts that let speculators place wagers on a currency devaluation, the people said. Bloomberg's Lyubov Pronina reports on "Countdown."