Wednesday 26 June 2013

Egypt: markets turmoil ahead of Morsi’s address | beyondbrics

"Egypt’s Mohamed Morsi is set to make a key televised address on Wednesday ahead of planned political protests against his presidency. But the markets have already voted – and it looks grim.

The 5-year CDS rose another 13 points to hit an all time high of 821.255, suggesting that investors are braced for protests, unrest and uncertainty.
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'via Blog this'

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