Political unrest in Egypt intensified as tens of thousands of protesters defied a curfew and gathered in central Cairo, urging for a fresh regime. In the financial markets, demand for safe-haven assets such as bonds, US dollar, Japanese yen and Swiss franc advanced while higher-yield assets such as equities declined as risk appetite was greatly reduced. Concerning commodities, oil prices rallied amid worries that supplies will be affected if protests in Egypt spread to the Middle East.
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Investors Turn Risk- Averse amid Turmoil in Egypt
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