How Much Does the Australian Economy Need China?
July 15 (Bloomberg) -- In today's "Single Best Chart," Bloomberg's Scarlet Fu displays the Australian economy's dependence on China as a trade partner. She speaks on Bloomberg Television's "Bloomberg Surveillance."
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Riyal Dollar Peg Is Under Review
20:46 - Saudi Arabia's fiscal stresses are driving speculation the kingdom may change the riyal's peg to the dollar. The Saudi Arabian Monetary Authority maintains the spot exchange rate of the riyal at 3.75 to the dollar, which means future expectations of its value must be examined through the forwards or options market. Societe Generale Economist Strategist Xavier Denis discusses with Bloomberg's Manus Cranny and Rishaad Salamat on "Bloomberg Markets Middle East."