Saudi Arabia to Trump: Blocking trade in any product is not healthy

Saudi Arabia’s Energy Minister and Chairman of Aramco (the state-run oil company) Khalid al-Falih in response to Trump’s energy policy has reportedly said that blocking trade in any product is not healthy.

“It is common that once Presidents start governing then a lot more substance comes out”, al-Falih said. HE expressed confidence that Trump will see the benefits and the oil industry too will advise his accordingly.

AUD/JPY sits above monthly 200-MA in Asia

Despite the corrective move in the Yen, the AUD/JPY cross has managed to hold above the monthly 200-MA level of 81.95, largely due to the recovery in
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Japan’s Aso: USD appreciating on rate hike hopes

Japanese finance minister Taro Aso crossed the wires earlier on the day,  via Reuters, commenting on the recent appreciation in the US dollar. Key He
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