The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 22 Jul close; pressured by oil-price spike on Iran strikes | 7,498.96 | -0.14% |
| Dow Jones 22 Jul close; near flat as Nvidia/J&J gains offset software weakness | 52,218.58 | -0.01% |
| Nasdaq Composite 22 Jul close; Alphabet/MSFT/Meta drag pre-earnings | 25,690.90 | -0.57% |
| FTSE 100 Latest available; new PM Andy Burnham cabinet formed | 10,600.37 | +0.27% |
| DAX Latest available | 24,830.98 | -0.34% |
| CAC 40 Latest available | 8,364.65 | +0.31% |
| Nikkei 225 22 Jul close; chip stocks volatile | 66,115.60 | -0.18% |
| Hang Seng Latest available; Samsung/SK Hynix AI-related bid | 24,213.72 | +0.16% |
| Index | Level | Change |
|---|---|---|
| EGX 30 22 Jul close; EGX closed 23 Jul (bank holiday); +28.9% YTD | 52,047.20 | -0.10% |
| Instrument | Rate / Yield | Note |
|---|---|---|
| Policy corridor | ||
| Overnight deposit | 19.00% | Held at 9 Jul 2026 MPC — 4th consecutive hold |
| Overnight lending | 20.00% | Held at 9 Jul 2026 MPC |
| Main operation rate | 19.50% | Held at 9 Jul 2026 MPC |
| Discount rate | 19.50% | Held at 9 Jul 2026 MPC |
| Treasury bills | ||
| 91-day | n/v — last auction yield not published today | EGX/CBE closed 23 Jul; prior week auctions not retrieved |
| 182-day | n/v — last auction yield not published today | EGX/CBE closed 23 Jul |
| 273-day | n/v — last auction yield not published today | EGX/CBE closed 23 Jul |
| 364-day | n/v — last auction yield not published today | EGX/CBE closed 23 Jul |
| Treasury bonds | ||
| 3-year | n/v — not retrieved today | |
| 5-year | n/v — not retrieved today | CBE holiday |
| 10-year | n/v — not retrieved today | CBE holiday |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.61% |
| 1-year UST | 4.11% |
| 2-year UST | 4.31% |
| 3-year UST | 4.34% |
| 5-year UST | 4.41% |
| 10-year UST | 4.67% |
| 30-year UST | 5.15% |
| Euro Area | |
| ECB deposit facility | 2.25% |
| ECB main refinancing | 2.40% |
| ECB marginal lending | 2.65% |
| €STR | 2.18% |
| United States (as of 22 Jul 2026) | |
| Fed funds target Unchanged; next decision 29 Jul 2026; 85.6% probability of hold per CME | 3.50–3.75% |
| SOFR overnight | ~3.58% |
| 3-month Term SOFR (CME) | ~3.62% |
| 1-year UST Approximate; long-end yields rising on Iran/oil shock | ~3.85% |
| 2-year UST Approximate | ~4.00% |
| 3-year UST Approximate | ~4.10% |
| 5-year UST Approximate | ~4.20% |
| 10-year UST Yahoo Finance ^CBOE 10yr ref 4.391 on 22 Jul; 30-yr near 4.90% per StockMarketWatch | ~4.39% |
| 30-year UST StockMarketWatch data Jul 2026 | ~4.90% |
| Euro Area (as of 22 Jul 2026) | |
| ECB deposit facility rate Raised 25bps in Jun 2026; ECB Governing Council meeting scheduled 23 Jul 2026 | 2.25% |
| ECB main refinancing rate (MRO) Jun 2026 hike | 2.40% |
| ECB marginal lending rate Jun 2026 hike | 2.65% |
| €STR (overnight) | ~2.14% |
| EURIBOR 3M Published daily ~11:00 CET; approximately 2.3–2.5% range | n/v — exact EMMI print not retrieved today |
| EURIBOR 6M Approximately 2.4–2.6% range | n/v — exact EMMI print not retrieved today |
| EURIBOR 12M Approximately 2.5–2.7% range | n/v — exact EMMI print not retrieved today |
| United Kingdom (as of 22 Jul 2026) | |
| BoE Bank Rate | n/v — not retrieved today |
| SONIA (overnight) Tracks BoE Bank Rate closely | n/v — not retrieved today |
| 10-year Gilt yield UK political transition and oil spike likely keeping yields elevated | n/v — not retrieved today |
| Pair | Rate | Change |
|---|---|---|
| USD / EGP | ~49.74 | n/v |
| EUR / EGP | n/v | n/v |
| GBP / EGP | n/v | n/v |
| SAR / EGP | n/v | n/v |
| EUR / USD | ~1.140 | n/v |
| GBP / USD | ~1.340 | n/v |
| USD / JPY | ~161 | n/v |
| Commodity | Price |
|---|---|
| Gold · XAU/USD 22 Jul spot (LiteFinance); down ~10% in July from $4,600+ highs as oil shock weighs; 30yr UST near 4.90% capping upside | ▼ $4,138.84 |
| Brent Crude 22 Jul settle (Trading Economics); +3.43% on 22 Jul; 11th round of US strikes vs Iran + Houthi Red Sea threats | ▲ $94.13 |
| WTI Crude 22 Jul close (CNBC); +~3%; Strait of Hormuz disruption risk premium embedded | ▲ $86.83 |
| Copper Exact LME/COMEX print not retrieved today | — n/v |
(22 Jul) The US completed its 11th straight round of strikes against Iran, with Secretary of State Marco Rubio saying Iran is 'not serious about talks.' Brent crude surged 3.4% to $94.07/bbl — its highest in over a month — while WTI rose ~3% to $86.83. The move rattled equity markets globally, with the S&P 500 ending marginally lower at 7,498.96.
Read full article → CNBC(22–23 Jul) Nasdaq 100 futures erased earlier losses sparked by Alphabet's higher-than-expected capital spending plan as investors shifted to pricing in AI-infrastructure demand. MSCI Asia-Pacific gained 1%, led by South Korean chipmakers Samsung and SK Hynix (+3%+ each). Markets now await Microsoft, Meta and Amazon results for confirmation that hyperscaler AI capex is delivering returns.
Read full article → Bloomberg(21 Jul) In a surprise move, newly minted Prime Minister Andy Burnham appointed John Healey — who had recently resigned as defence secretary citing insufficient security spending — as his Chancellor. Investors interpreted the appointment as a signal of higher UK defence outlays, pushing the FTSE 100 modestly higher despite global oil headwinds.
Read full article → CNBC(7 Jul) The US carried out a new round of strikes on Iran targeting more than 80 sites and revoked a waiver allowing new sales of Iranian oil, further imperiling a truce agreement following a series of ship attacks in the Strait of Hormuz. The move contributed to the persistent $85–$95 Brent range that has defined July trading.
Read full article → Bloomberg(22 Jul) The Federal Reserve has maintained its fed funds target at 3.50–3.75%, accumulating 175bps of cuts since September 2024. CME FedWatch assigns an 85.6% probability to a hold at the 29 July meeting. Markets are watching initial jobless claims (23 Jul) and Manufacturing/Services PMI (24 Jul) as key pre-decision data points.
Read full article → LiteFinance · HC SecuritiesEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(9 Jul) The Monetary Policy Committee kept the overnight deposit rate at 19%, lending at 20%, main operation and discount rates at 19.5% — its fourth straight hold. The CBE cited upside inflation risks from potential fuel-price hikes linked to elevated Brent oil. Amwal Al-Ghad reported the CBE declared 23 July a bank holiday, with markets and treasury operations suspended.
Read full article → Egypt Today · Amwal Al-Ghad(18 Jul) Net international reserves reached a record $55.072bn in June 2026, up from $51.452bn at end-December 2025, driven by surging remittances, FDI inflows, and recovering portfolio investment. The CBE attributed the sharp June jump partly to gold price gains and the successful rebound of diaspora transfers.
Read full article → Daily News Egypt · Zawya(9 Jul) CAPMAS reported annual urban headline inflation at 12.2% in June 2026, down from 13% in May, as transport and food pressures eased. However, the CBE's urban measure remained elevated at 14.3% (June) versus 14.6% in May, while core CPI ticked up to 14.3% from 13.8%. Monthly CPI recorded a negative 0.4% print in June — the first monthly deflation this year.
Read full article → CBE · Arab Finance(9 Jul) The CBE announced that remittances from Egyptians working abroad reached approximately $43.1bn over the July 2025–May 2026 period, compared with $32.8bn in the same period a year earlier — a 31.2% surge. Monthly remittances in May 2026 alone stood at $3.9bn, up 13.5% y/y, remaining Egypt's largest single source of foreign currency.
Read full article → CBE · Daily News Egypt(13 Jul) Prime Minister Madbouly confirmed that 20 of the 30 companies covered by the state asset-divestment programme have secured temporary EGX listings — 17 public-business-sector firms and 3 petroleum companies — with technical procedures continuing for the remaining 10. Temporary listing is a pre-IPO regulatory step and does not yet allow trading.
Read full article → bne IntelliNews(22 Jul) Egypt is preparing to unveil a new tranche of EGX listings under its ongoing privatisation programme, with the upcoming roster expected to feature around 20 companies. A 20% stake sale in state-owned Misr Life Insurance — expected to raise approximately EGP 14bn (~$277mn) — is among the highlighted transactions, alongside an additional stake in Misr El Gadida for Housing and Development.
Read full article → Global Finance Magazine · EnterpriseAM(Late Jun) Engineering for Petroleum and Process Industries (ENPPI), Egyptian Linear Alkyl Benzene Company (ELAB), and Petroleum Marine Services (PMS) received official temporary listings on the EGX. These three are part of a broader programme to list up to 10 state-owned petroleum companies, with PM Madbouly and Petroleum Minister Karim Badawi having reviewed the plan in early July.
Read full article → Egypt Oil & Gas(22 Jul) The EGX30 fell 0.1% at Wednesday's close on turnover of EGP 12.6bn — 36.3% above the 90-day average — with regional investors as the sole net buyers. Top gainers were Orascom Development (+2.9%), Valmore Holding (+2.4%) and Raya Holding (+2.4%). The Egyptian Exchange is closed on 23 July following a CBE-declared bank holiday.
Read full article → EnterpriseAM(16 Jul) The Suez Canal Economic Zone (SCZone) recorded its highest-ever annual revenue in FY2025/26, according to a report cited by Ports Europe. The result is notable given continuing Houthi disruptions to Red Sea shipping; SCZone industrial diversification and zone-related fees have partially offset the canal transit revenue shortfall caused by the conflict.
Read full article → Ports Europe via NewNow(12 Jul) The CBE published balance of payments performance data for July 2025–March 2026. The Q1 2026 monetary policy report showed NIR reached $52.8bn by end-March and the capital/financial account recorded a net inflow of $6.8bn in Q4 2025 — its highest since Q2 2024 — supported by FDI and portfolio inflows, while M2 growth averaged 18.5% in Q1 2026, the lowest since Q4 2021.
Read full article → CBE(16 Jul) Egyptian economists warned that fuel prices may rise if global conflicts keep Brent elevated above $90/bbl. The CBE's July 9 hold statement explicitly cited upside risks to its 7% (±2%) Q4 2026 inflation target from potential domestic fuel and electricity tariff adjustments. HC Securities previously estimated a 100bps rate hike in Q3 2026 was no longer off the table if inflation returns to 18%.
Read full article → Egypt Independent · HC Securities(21 Jul) The Financial Regulatory Authority has been reviewing registration applications from more than 30 debt collection companies as part of its NBFI licensing framework expansion. Separately, FRA has required life insurance companies to obtain a credit report for any applicant seeking insurance — a consumer-protection measure aligned with CBE guidance to the banking sector on healthcare initiatives issued in early July.
Read full article → Daily News Egypt