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Markets Watching Events in Egypt Cautiously
Events in Egypt have created a cautious trading mood this Monday morning. Images broadcasted from Egypt over the last few days have had markets contemplating further contagion in the region. In particular, fears that transit through the Suez Canal might be disrupted have filtered though into oil prices, pushing WTI crude down nearly 4% on Friday. In a relatively anticipated move, Moody’s... ...More...
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