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-----Original Message-----
From: MeLinda MeLisa <[email protected]>
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Date: Mon, 31 Jan 2011 07:07:17 
To: <[email protected]>
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Subject: [StockForex] Egypt Strife Won't Derail Global Growth - Broker

Egypt Strife Won't Derail Global Growth - Broker

by Dow Jones Newswires, 31 Jan 2011

Global equity markets remain weak, reflecting nervousness about the
strife in Egypt that has pushed crude oil and gold prices higher. But
there's some skepticism over whether Egypt will have long-term affects
on oil prices and global economic growth. "While there will be days
like today where the markets worry about sideshows like Egypt, we
continue to believe the right strategy is focusing on the accelerating
global economic recovery that won't be derailed by a few dictators
being removed in the Middle East," says Sydney-based Southern Cross
Equities Director Charlie Aitken. Of course, the impact of Middle East
strife depends on the extent and duration of any oil price spike.
Nymex crude oil futures last up about 47 cents at US$89.81 after
rising 4.3% on Friday.


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