The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,674.37 | -1.43% |
| Dow Jones | 53,277.01 | -0.85% |
| Nasdaq | 26,180.46 | -2.05% |
| FTSE 100 | 10,816.56 | +0.62% |
| DAX | 26,136.56 | -1.15% |
| CAC 40 | 8,484.43 | -1.11% |
| Nikkei 225 | 66,016.36 | -4.63% |
| Hang Seng | 26,009.46 | +3.55% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 54,737.10 | +0.41% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.63% |
| Euro Area | |
| ECB deposit facility | 2.25% |
| ECB main refinancing | 2.40% |
| ECB marginal lending | 2.65% |
| €STR | 2.19% |
| Pair | Rate | Change |
|---|---|---|
| USD / EGP | 50.83 | +1.31% |
| EUR / USD | 1.1678 | +0.90% |
| GBP / USD | 1.3648 | +0.75% |
| USD / JPY | 158.94 | -0.18% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +5.52% · $/oz | ▲ $4,661.60 |
| WTI crude +2.53% · $/bbl | ▲ $86.64 |
| Brent crude +3.87% · $/bbl | ▲ $94.39 |
(21 Aug) Anthropic is preparing for its public market debut amid growing public concern over data center expansion and the potential for artificial intelligence to displace workers. The company plans to highlight this societal pushback as a formal risk factor in its upcoming regulatory filings.
Read full article → CNBC(21 Aug) Tesla is initiating a massive voluntary recall of its vehicles in China to address safety concerns related to door handles and deficient driver monitoring systems. The move highlights ongoing regulatory scrutiny of the automaker's hardware and software safety features in its largest market.
Read full article → CNBC(21 Aug) Broadcom is currently in discussions to secure a massive debt financing package to support its chip manufacturing operations. The anticipated borrowing would represent one of the largest corporate debt raises in recent history, underscoring the capital-intensive nature of the semiconductor sector.
Read full article → CNBC(21 Aug) Romania deployed fighter jets to intercept and destroy a drone near a critical natural gas infrastructure project, marking the second such incident in recent weeks. The escalation underscores the persistent threat to European energy assets amid the ongoing regional conflict.
Read full article → CNBC(21 Aug) Meta is facing a landmark trial that analysts compare to the historic tobacco litigation of the past, with a potential loss threatening its core business model. The outcome could fundamentally alter how social media platforms operate and manage user engagement features.
Read full article → CNBC(21 Aug) Vice President JD Vance asserted that applying severe economic pressure remains the most effective strategy for achieving United States objectives regarding Iran. The administration believes that recent financial constraints have significantly increased leverage in ongoing diplomatic negotiations.
Read full article → CNBC(21 Aug) JPMorgan analysts warn that the government's current efforts to manage pressure in the Treasury market risk merely shifting the underlying fiscal problem into the future. Strategists argue that relying on such interventions is an unsustainable approach to managing sovereign debt dynamics.
Read full article → CNBC(21 Aug) Samsung Electronics has announced a substantial new shareholder return program, including significant cash dividends, following a major buyback by rival SK Hynix. The move reflects intense competition to reward investors amid a booming artificial intelligence chip cycle in the semiconductor industry.
Read full article → CNBC(21 Aug) Hedge funds experienced their worst relative underperformance against the broader equity market in over two decades during July, according to Goldman Sachs. The historic lag highlights the challenges active managers face in generating alpha amid current market concentration and volatility.
Read full article → CNBC(21 Aug) Japan's unprecedented efforts to support its currency may have inadvertently created a more favorable environment for investors to resume the carry trade. Analysts note that the intervention has altered the risk-reward dynamics, potentially encouraging renewed borrowing in yen to fund higher-yielding assets.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(20 Aug) The Central Bank of Egypt raised its economic growth forecast for the 2025/2026 fiscal year to 4.9% from 4.8%. It also revised up the real GDP growth estimate for the fiscal year ended in June by 0.1 percentage points to 5%.
Read full article → Economy Plus(20 Aug) The Finance Ministry is studying the provision of digital services to allow Egyptians living abroad to complete all their tax transactions electronically without visiting Egypt. The move is part of the second package of tax facilitations and the state's push for digital transformation.
Read full article → Economy Plus(20 Aug) Egyptian exports to global markets grew 7.1% year-on-year to $28 billion in the first half of the year, according to the statistics agency. Imports rose 23.6% to $60.4 billion, pushing total trade volume to $88.4 billion.
Read full article → Economy Plus(20 Aug) The Financial Regulatory Authority issued a decision regulating short selling to boost liquidity and pricing efficiency in the capital market. The new framework requires brokers to manage borrower accounts, assess client suitability, and collect a cash margin of at least 50% of the borrowed securities' market value.
Read full article → Economy Plus(20 Aug) The Transport Ministry plans to issue tenders by the end of the year for local companies to supply equipment and systems for the electric fast train network worth 1.3 billion euros. The supplies for the second and third lines will be delivered in installments over the next two years.
Read full article → Economy Plus(20 Aug) The Petroleum Ministry laid the foundation stone for the first industrial complex to produce phosphoric acid from Egyptian phosphate ore at the Abu Tartour plateau in the New Valley governorate, with investments of $658 million. The first phase aims to produce 250,000 tonnes annually for export via Safaga port.
Read full article → Economy Plus(20 Aug) The Petroleum Ministry increased natural gas supplies to fertilizer and petrochemical plants by 19% in August to about 810 million cubic feet per day. The increase is supported by higher liquefied natural gas imports and continued pipeline flows to boost production and exports.
Read full article → Economy Plus(20 Aug) An Egyptian-Saudi investment project signed a contract to build an industrial complex for producing cladding panels and aluminum rolls in the Sokhna industrial zone, with investments reaching $50 million. The first phase will start with $18 million and is expected to create about 200 jobs by late 2027.
Read full article → Economy Plus(20 Aug) The risk premium on Egyptian dollar-denominated sovereign bonds fell to 322 basis points, the lowest since 2014, supported by record foreign exchange reserves and improved investor confidence. Egyptian bonds have returned over 10% since the end of March, outperforming the emerging market average.
Read full article → Economy Plus(20 Aug) The Egyptian exchange ended with broad declines, led by foreign selling, with the main EGX30 index falling 1.38%. The market lost 74 billion pounds in market capitalization during the session.
Read full article → Economy Plus(20 Aug) The US dollar rose by about 13 piastres in local banks, prompting a parallel jump in domestic gold prices. The 21-karat gold price increased by 120 pounds, supported by geopolitical developments.
Read full article → Economy Plus(20 Aug) Transactions in the dollar interbank market surged to 9.4 trillion pounds in the first half of 2026, up from 6.1 trillion pounds in the same period a year earlier. The domestic market allows banks to trade dollars among themselves under central bank supervision to manage liquidity.
Read full article → Economy Plus(20 Aug) UAE-based Parken signed a memorandum of understanding with Madinet Misr, Mwaslat Misr, and Redcon Construction to explore cooperation in smart parking and mobility solutions in Egypt. The agreement covers multi-story parking, public parking, and technology-driven mobility planning.
Read full article → Economy Plus(20 Aug) Egypt and Qatar will launch the first round of negotiations for a Comprehensive Economic Partnership Agreement in October to boost trade and investment. The announcement followed a preparatory meeting for the seventh session of the joint higher committee.
Read full article → Economy Plus(20 Aug) The government is preparing to shift to a cash subsidy system for basic food items, starting January 1, 2027, with an allocation of 325 pounds per individual monthly. The move aims to give families more freedom to choose goods based on their actual needs instead of receiving specific subsidized items.
Read full article → Economy Plus(20 Aug) Saudi Gold Refinery plans initial investments of $10 million for exploration in Egypt's Eastern Desert, which could reach $200 million if it moves to production. The company has applied for licenses in areas offered by the Egyptian government.
Read full article → Economy Plus(20 Aug) The Micro, Small and Medium Enterprise Development Fund signed a 250 million pound financing agreement with Aman Holding to fund about 2,500 micro-projects. The maximum financing limit per project is set at 292,000 pounds.
Read full article → Economy Plus(20 Aug) Global real estate research firm JLL expects about 1,277 new hotel rooms to enter the Cairo market by the end of 2026, with 3,500 more rooms planned for the following year. The forecast follows a 4% annual growth in visitors to Egypt in the first half of 2026.
Read full article → Economy Plus(20 Aug) Saudi Aramco informed at least three European refineries that it will supply their full contracted crude volumes for September, easing supply concerns amid disruptions in the Gulf and Red Sea. Two buyers will receive shipments from Egypt's Sidi Kerir port, while a third has options for Sidi Kerir, Yanbu, or ship-to-ship transfers off Malta.
Read full article → Economy Plus(20 Aug) The minutes of the Federal Reserve's July meeting showed growing concerns among policymakers about inflation, with some ready to raise interest rates if price pressures do not ease toward the 2% target. Some members argued for a more restrictive stance to ensure price stability while supporting maximum employment.
Read full article → Economy Plus(20 Aug) US President Donald Trump delayed the imposition of new 50% tariffs on a wide range of Canadian goods by three days, just before they were due to take effect. The delay came as Washington and Ottawa reported significant progress in trade negotiations.
Read full article → Economy Plus