he US dollar plunges to its lowest level in nearly 4 years after President Donald Trump says he isn’t concerned about its decline. Also on the show: investors gear up for a Fed rate decision; President Trump says the US has a big ‘armada’ headed to the Middle East because of Iran; Cameroon raises $750M in a dollar bond sale; Saudi Arabia looks to tap wealthy families in new quest for cash; a travel association in Turkey files a lawsuit seeking to block access to several major foreign booking platforms; Middle East businesses watching tensions between Saudi Arabia and the UAE with increasing nervousness. Guests include: Bhanu Baweja, UBS Investment Bank, Chief Strategist; Richard Windsor, Radio Free Mobile, Founder.
Chapters:
00:05:14 – Bhanu Baweja, UBS Investment Bank, Chief Strategist
00:14:57 – Trump says ‘armada’ headed to Iran
00:18:29 – African countries return to debt markets
00:25:05 – Richard Windsor, Radio Free Mobile, Founder
00:30:56 – Saudi Arabia looks to tap wealthy families for cash
00:34:32 – Hardeep Singh Puri, India’s Oil Minister
00:37:50 – Turkey travel group sues foreign booking sites
00:41:19 – Businesses on edge on Saudi Arabia-UAE tensions
——–
More on Bloomberg Television and Markets
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