Kuwait Treasury Holdings in 2015
Kuwait Treasury Holdings opened 2015 at $32B and closed at $31B, a -1.26% move for the year. The high of $32B was reached on April 30, and the low of $30B on October 31.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $32B | $32B | $32B | $32B | +0.00% |
| Feb | $32B | $32B | $32B | $32B | +0.00% |
| Mar | $32B | $32B | $32B | $32B | +0.00% |
| Apr | $32B | $32B | $32B | $32B | +0.00% |
| May | $31B | $31B | $31B | $31B | +0.00% |
| Jun | $31B | $31B | $31B | $31B | +0.00% |
| Jul | $31B | $31B | $31B | $31B | +0.00% |
| Aug | $31B | $31B | $31B | $31B | +0.00% |
| Sep | $31B | $31B | $31B | $31B | +0.00% |
| Oct | $30B | $30B | $30B | $30B | +0.00% |
| Nov | $31B | $31B | $31B | $31B | +0.00% |
| Dec | $31B | $31B | $31B | $31B | +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.