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Trump administration is baring 16 Saudis from U.S. for role in Khashoggi murder

Further to the reports in the autumn of last year, where top U.S. lawmakers turned their ire on Saudi Crown Prince Mohammed bin Salman, believing that he had ordered the killing of Saudi journalist Jamal Khashoggi, where, at that time, the Trump administration had maintained a more cautious stance, even covering the Saudis for its crimes, fresh reports are surfacing that  the Trump administration is baring 16 Saudis from U.S. for role in Khashoggi murder. 

The U.S. intelligence community seems to have concluded that Saudi Crown Prince Mohammed bin Salman ordered the Khashoggi operation. However, the Trump administration, which has maintained close ties to MBS through senior adviser Jared Kushner has chosen not to directly retaliate against him.

The State Department announced Monday that it would ban 16 Saudi nationals from entering the U.S. due to their roles in the murder of journalist Jamal Khashoggi - let's now see how the Suadis will retaliate and how what the oil markets will make of this.

The following individuals have been barred from entering the U.S.:

  • Saud al-Qahtani
  • Maher Mutreb
  • Salah Tubaigy
  • Meshal Albostani
  • Naif Alarifi
  • Mohammed Alzahrani
  • Mansour Abahussain
  • Khalid Alotaibi
  • Abdulaziz Alhawsawi
  • Waleed Alsehri
  • Thaar Alharbi
  • Fahad Albalawi
  • Badr Alotaibi
  • Mustafa Almadani
  • Saif Alqahtani
  • Turki Alsehri

 

 

AUD/JPY Technical Analysis: Rising wedge can challenge recent recovery, 79.65, 79.85 seem nearby resistances

AUD/JPY is following short-term rising wedge formation while taking the bids around 79.50 during the early Asian session on Tuesday.
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USDCNY fix: reference rate at 6.7142 (prev fix 6.7201 prev close 6.7165)

PBoC fixes USDCNY reference rate at 6.7142 (prev fix 6.7201 prev close 6.7165) PBoC To Skip Open Market Ops Today. PBoC Gauges Demand For 7, 14, 28 &
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