Thread: Events in the Middle East take Center Stage

Risk off took center stage as increased geopolitical turmoil triggered USD buying across the board. The Jasmine revolution in Northern Africa and wider unrest in the Middle East has now attracted further relevance in the financial markets as the effects have migrated to key oil producers and exporters. Headlines report that major oil companies are now evacuating employees from hot zones which has... ...More...


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On this side of the Atlantic, there has been increasing nervousness surrounding the widening sovereign spreads across the Eurozone and the uptrend in credit-default swap pricing. We are seeing an escalating number of bearish Euro articles hitting the wire in recent day .
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