This is the last trading day of the month, but some! Gold showed the worst dynamics for two years and was first dipped in the month for five months. It is also interesting to note the growth in developed markets (Euro Stoxx 50 added 6%, Dow rise more than 2%), emerging markets have suffered; assets of the BRIC countries lost 2.6% per month (3,1% in dollars). This movement intensified at the end because of events in Egypt, but the trend has been put in advance. This, combined with rising euro has forced investors to change direction earlier this year. The fate of emerging markets is key to the currency of these countries and, if the events in February, will develop a similar manner as in January, the common trend of the last two years (the strong growth in emerging markets, sluggish developed markets) may be terminated.Riots in Egypt began to unnerve the markets. Riots in Egypt, which continued for a week, began to upset the markets are already more widely. Mubarak, the incumbent president continues to cling to power, while the opposition is even more gaining momentum. Stock markets have fallen by about 20%, and growing fears about the stability of the banking sector. Further, rising oil prices because of fears of unrest spread further to the Middle East region, but safe assets such as the yen shows itself well.
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