Egyptian markets rally after coup and leave EM unruffled
Egypt’s revolution this week was remarkable for the speed with which mass rallies brought the ousting of the country’s first democratically elected president and the immediate surge of Egyptian bonds and stocks that followed.
Perhaps surprisingly, the tumultuous events had little impact on bond and stock markets in other Middle East and North African countries, or in central and Eastern Europe.
The army deposed president Mohammed Morsi on Wednesday evening and put him under house arrest, saying he had “failed to meet
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