In the third quarter, the dollar comprised 63.3 percent of allocated reserves, the smallest share since the third quarter of 2014. The dollar made up 63.8 percent of allocated reserves in the second quarter. The euro’s share rose to 20.3 percent in the same period from 20.0 percent the quarter before. Source: Reuters
Israel’s intelligence and transportation minister has called on Saudi Arabia’s King Salman to invite Prime Minister Benjamin Netanyahu to Riyadh to establish full diplomatic relations. Source Aljazeera
George Soros, the billionaire who earned fame by betting against the pound in 1992, said Britain was approaching a tipping point that would see the economy slow to such an extent that Brexit might even be reversed. Source Reuters
Court is considering an appeal by the Trump administration to allow the president’s order restricting travel to the US from six Muslim-majority countries Source The Guardian
