Lots and lots of chatter on this Saudi news but solid info and implications are basically none
Saudi king replaces crown prince
AUD is slipping, there is a perception that perhaps the changes in Saudi Arabia are indicative of instability and that is not helpful for 'risk'. On the other hand, it may be back-fitted narrative to the market moves since the news has come out.
Regardless, AUD, and NZD, are slipping to fresh session lows ... updates:
Regional stock slower also.