Tuesday, February 1, 2011

Forex news market:Shaky lull over Egypt

Now the market is fragile lull in Egypt while covering a wave of mass protests, which are accompanied by steps from President Mubarak to appease the opposition parties began to negotiate through the Deputy Prime Minister. The level of nervousness yesterday was more than was raised; prices on CDS set for Middle East countries expanded (the biggest move was to Saudi Arabia). In the first trading day of the month, however, it is worth noting a significant increase in risk assets (AUD / JPY added 0.5% to close in Europe), while oil advocated at high levels, which came after two days of strong rallies. The best short-term output for the markets may be moving toward a free and fair elections, but it is obvious that no one knows clearly the path of this road. Moreover, remain concerns about stability in other countries in the Middle East.


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