Saudi Arabia has frozen all trade investment with Canada

Some wire headlines crossing on Saudi Arabia / Canada relations

• Saudi Arabia has frozen all new trade and investment with Canada
• Saudi Arabia recalls ambassador to Canada for consultation
• Saudi Arabia says Canadian envoy in Riyadh is unwelcome

news coming via the Saudi Press Agency

At the very least I expect we'll see some kneejerk CAD selling on the headlines. Keep in mind liquidity is still very thin indeed. its just gone 7am in Tokyo so not a lot of bottoms on seats there yet. Singapore and HK its only just after 6.

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Oh dear, I hope this is nothing to do with the whole Bryan Adams thing … Its just a music vid guys …

;-)