Saudi Arabia Treasury Holdings in 2015
Saudi Arabia Treasury Holdings opened 2015 at $101B and closed at $119B, a +17.96% move for the year. The high of $119B was reached on December 31, and the low of $101B on January 31.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $101B | $101B | $101B | $101B | +0.00% |
| Feb | $101B | $101B | $101B | $101B | +0.00% |
| Mar | $103B | $103B | $103B | $103B | +0.00% |
| Apr | $105B | $105B | $105B | $105B | +0.00% |
| May | $107B | $107B | $107B | $107B | +0.00% |
| Jun | $110B | $110B | $110B | $110B | +0.00% |
| Jul | $110B | $110B | $110B | $110B | +0.00% |
| Aug | $113B | $113B | $113B | $113B | +0.00% |
| Sep | $112B | $112B | $112B | $112B | +0.00% |
| Oct | $113B | $113B | $113B | $113B | +0.00% |
| Nov | $115B | $115B | $115B | $115B | +0.00% |
| Dec | $119B | $119B | $119B | $119B | +0.00% |
Events During 2015
The PBoC devalued the yuan by 1.9% in a single day on August 11, 2015, the first meaningful devaluation since 1994. Global risk assets convulsed.
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
The Swiss National Bank abandoned its 1.20 EUR/CHF floor on January 15, 2015. The franc immediately surged 30%, blowing up retail FX brokers and exposing the fragility of exchange rate commitments.
Related Metrics
Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.