Turkey Fund Outflows Mostly Moved to Bank Deposits, BofA Says
BofA Securities Inc said a large share of Turkish fund outflows stemming from a rout in September moved into bank deposits.
Bloomberg Markets
BofA Securities Inc said a large share of Turkish fund outflows stemming from a rout in September moved into bank deposits.
Saudi Arabia’s key cross-country oil pipeline is operating normally, people familiar with the matter said, after a report that it had shut following a new attack.
Romania’s bonds and stocks rallied after S&P Global Ratings maintained an investment-grade credit score for the sovereign, providing a relief to the country struggling to overcome a political crisis.