"DRJ" explains what this heavy options activity says about the emerging markets.
After a delay this morning, the Egyptian ETF—the Market Vectors Egypt Index opened up 5 percent. While this is a good sign, traders should approach the interpretation of this trading with great caution.
Egypt is going to face some serious issues with its growth, David Dorsey, who runs the Middle East business for Alden Global Capital, said Monday.
Food stocks in Egypt are running dangerously low.
If political unrest in Egypt causes the Suez Canal to be closed, it could have positive consequences for shippers and US oil refiners, Morten Arntzen, president and CEO of Overseas Shipholding Group, told CNBC Monday.
Turmoil in Egypt has sent a message to rulers through the region that they need to get "ahead of the curve" or face similar destabilizing problems, Pimco's Mohamed El-Erian told CNBC.
The "Fast Money" traders caution against selling stocks on Egyptian unrest and flag two signs that could spark a sell-off.
As the seventh day of protests continue in Egypt, business is at a standstill, tourists and foreign students are abandoning the country and Cairo is at the mercy of vigilantes, CNBC reports.
There are a handful of ETFs with exposure to Egypt and Mideast, but their trading volume is ridiculously thin with little in the way of assets under management. And in the world of investing, thin equals dangerous because stocks can rise and fall in big swings on little volume.
From riots to tighter monetary policy, food inflation will continue to drive global instability. Watch to see if foreign politicians and central bank governors begin to ramp up their criticism of the US Federal Reserve monetary policy that is perceived as a cause of the global inflation.
The Egyptian stock market will likely tumble another 10 percent before investors put some cash in and try to stage a rally, after which the benchmark index could regain a third of its losses, according to historical trends, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
Some accuse the Mubarak government of deliberately fanning class tensions to create demands for the restoration of its brutal security state. But such resentments have built up here for nearly a decade. The NYT reports.
Risks that the troubles in Egypt may spread have increased and the uprisings have a negative effect on growth, as well as contributing to higher prices, economist Nouriel Roubini said.
European shares were set to fall on Monday as concerns grew the Egyptian anti-government protests could spark instability elsewhere in the Middle East.
Egypt's leadership uncertainty is bringing another major economic story — global food inflation — to the fore as a key geopolitical event.
The U.S. dollar is finding a firmer footing in a flight-to-safety play and may do so as long as Egypt remains in turmoil. The path after that, however, is less clear.
Unrest in Egypt has replaced Europe's debt crisis as a flash point for markets, and any unfolding developments there will no doubt affect trading in the week ahead.
Stocks closed near session lows as civil unrest in Egypt sparked widespread selling that pushed the S&P 500 down nearly 2 percent and broke an eight-week winning streak for the Dow. Microsoft and Home Depot sank.
One of the odder things that has come to my attention today is that back in February 2009, Gamal Mubarak (the son of soon to be former Egyptian leader Hosi Mubarak) met with a US Senator and gave his advice on how to address our financial crisis.
As we know, massive popular unrest has broken out against autocratic governments in North Africa and the Arab world. Egypt is the biggest story. But to varying degrees, the people have taken to the streets in Algeria, Jordan, Libya, Morocco, and Yemen.