The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,651.54 | -0.71% |
| Dow Jones | 50,906.05 | -1.18% |
| Nasdaq | 26,861.06 | -0.28% |
| FTSE 100 | 10,606.00 | -0.93% |
| DAX | 25,199.19 | -0.83% |
| CAC 40 | 7,964.51 | -1.45% |
| Nikkei 225 | 68,578.08 | +3.34% |
| Hang Seng | 24,613.27 | -0.89% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 51,894.80 | -0.77% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.75–4.00% |
| SOFR (overnight) | 3.88% |
| Euro Area | |
| ECB deposit facility | 2.50% |
| ECB main refinancing | 2.65% |
| ECB marginal lending | 2.90% |
| €STR | 2.44% |
| Pair | Rate | Change |
|---|---|---|
| USD / EGP | 51.93 | +0.39% |
| EUR / USD | 1.1324 | -0.45% |
| GBP / USD | 1.3251 | +0.30% |
| USD / JPY | 158.27 | -0.34% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +0.79% · $/oz | ▲ $4,201.50 |
| WTI crude -3.67% · $/bbl | ▼ $89.20 |
| Brent crude -7.90% · $/bbl | ▼ $96.96 |
(30 Sep) Hedge funds have accumulated a record proportion of the Treasury market, a shift that has provided liquidity but also introduced new financial stability risks. Market participants are closely monitoring this concentration to assess potential vulnerabilities during periods of stress.
Read full article → CNBC(30 Sep) The Federal Reserve's preferred inflation metric recorded a core reading for August that came in significantly below consensus expectations. The softer data provides the central bank with additional flexibility as it navigates its monetary policy path.
Read full article → CNBC(30 Sep) China's Commerce Ministry stated it will respond firmly if the European Union introduces new restrictions targeting Chinese enterprises or products. The warning escalates trade tensions as Brussels considers further protective measures for its domestic market.
Read full article → CNBC(30 Sep) The Trump administration is defending its newest global tariffs in trade court against legal challenges from affected industries. The administration maintains the duties are a necessary response to nations failing to ban goods produced with forced labor.
Read full article → CNBC(30 Sep) Crude oil shipments through the Strait of Hormuz have recovered to pre-conflict volumes, supported by military protection for tankers in the Persian Gulf. However, refined fuel deliveries remain restricted, leaving analysts uncertain about the sustainability of the broader recovery.
Read full article → CNBC(30 Sep) President Trump indicated he is seriously considering a ban on diesel exports, despite industry warnings that the move would drive up domestic fuel costs. The administration is weighing the potential benefits of preserving domestic supply against the negative impact on gasoline markets.
Read full article → CNBC(30 Sep) The Federal Trade Commission has launched an investigation into OpenAI, Anthropic and other artificial intelligence firms regarding product safety risks. The probe intensifies regulatory scrutiny on the sector following recent cybersecurity incidents and growing concerns over safety practices.
Read full article → CNBC(30 Sep) California Governor Gavin Newsom signed legislation prohibiting the use of artificial intelligence to dismiss workers, making it the first state to enact such a ban. The reversal of his previous veto establishes a new regulatory precedent for workplace automation across the country.
Read full article → CNBC(30 Sep) Deutsche Bank Chief Executive Christian Sewing cautioned that recent election outcomes in Germany are creating uncertainty for international investors. The bank's leadership highlighted the need for political stability to maintain the country's appeal as a destination for foreign capital.
Read full article → CNBC(30 Sep) Singaporean state investor Temasek announced plans to open new offices in Abu Dhabi and Riyadh, marking its most significant expansion into the Middle East. The move underscores the sovereign wealth fund's strategy to increase its footprint in the Gulf region by the middle of next year.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(Sep) The Egyptian Exchange lost 297.2 billion pounds in market capitalization during September, closing the month at 4.056 trillion pounds. The main EGX30 index fell 5.42% to 51,894.83 points, while the EGX70 and EGX100 indices dropped 10.85% and 9.12%, respectively.
Read full article → Economy Plus(30 Sep) The Egyptian Exchange and Abu Dhabi Securities Exchange signed a strategic memorandum of understanding to enhance cooperation and integration between their financial markets. The agreement aims to develop the financial services industry and support investment flows for listed companies in both markets.
Read full article → Economy Plus(1 Oct) Discussions on a draft law to regulate the real estate market are leaning towards establishing an independent body for regulatory and executive oversight. This move aims to separate the supervisory role from the professional duties of the proposed real estate developers' union.
Read full article → Economy Plus(1 Oct) The New Urban Communities Authority collected about 26 billion pounds from companies operating in the northwest North Coast between June 2025 and August 2026. The funds were gathered in exchange for regularizing the land status of these entities along the Alexandria-Matrouh road.
Read full article → Economy Plus(1 Oct) The Pyramids archaeological area near the Grand Egyptian Museum recorded about 2.9 million visitors in the first nine months of 2026. Authorities expect the total number of visitors to the area to exceed 4 million by the end of the year, driven by strong demand in the fourth quarter.
Read full article → Economy Plus(1 Oct) The Egyptian Stamp and Weights Authority sold confiscated precious metals and gemstones for 551.88 million pounds through 239 auctions on the Commodity Exchange since November 2023. The sales include items seized for customs violations and court rulings, utilizing market-based pricing mechanisms.
Read full article → Economy Plus(1 Oct) UK-based Ak Resources discovered its first gold and copper mine in Egypt, having invested $10 million so far with plans to spend another $20 million over the next two years. The company aims to increase total investments to $100 million once reserves are fully developed and plans to apply for new exploration projects.
Read full article → Economy Plus(1 Oct) Al-Temsah Shipbuilding, a subsidiary of the Suez Canal Authority, is studying the establishment of a specialized port and marine construction company in Kenya in partnership with Kenyan firm Tunasco. The move aligns with the Authority's strategy to expand into deep African markets and transfer maritime expertise.
Read full article → Economy Plus(30 Sep) The government signed a framework agreement to settle the historical debt of the National Investment Bank owed by the Industrial and Mining Projects Authority, amounting to 102.75 billion pounds. The settlement includes a cash payment by the Finance Ministry and the transfer of state-owned assets to the bank, while waiving 51 billion pounds in late penalties.
Read full article → Economy Plus(1 Oct) Petroleum sector companies added about 30 million cubic feet of natural gas per day to local production rates from three new wells in the Western Desert and the onshore Nile Delta. The additions are part of a broader program to accelerate new well production, repair stopped wells, and maximize the use of existing infrastructure.
Read full article → Economy Plus(1 Oct) The Interior Ministry raised the cost of developing metal license plates for all fast transport vehicles to 250 pounds, a 16.3% increase from the previous 215 pounds. Additionally, the Cabinet approved cancelling the remote work system on Sundays for government entities, reversing a temporary measure introduced to save electricity during the summer.
Read full article → Economy Plus(30 Sep) The House of Representatives definitively approved a proposal submitted by ten members to delay the implementation of the Criminal Procedures Law for one year. The delay pushes the effective date to October 1, 2027, allowing time to complete necessary organizational and technical preparations.
Read full article → Economy Plus(1 Oct) Saudi Arabia is preparing its largest-ever budget for 2027, projecting a strong rebound in GDP growth to 12.8% next year from an expected contraction of 3.6% in 2026. The preliminary budget estimates total expenditures of 1.392 trillion riyals against revenues of 1.202 trillion riyals, resulting in a deficit of about 190 billion riyals.
Read full article → Economy Plus(1 Oct) Oil exports from Gulf countries, including those transported by ships with disabled tracking devices, recovered to 23.3 million barrels per day last week, matching the 2025 average. Goldman Sachs noted that exports from the Arabian Gulf doubled in September, driven by increased shipments through the Strait of Hormuz.
Read full article → Economy Plus(1 Oct) Iraq's state oil marketing organization offered contractual supplies of crude for October at discounts of up to $37 per barrel against regional benchmark prices. The steep discount reflects the logistical challenges Iraq faces in shipping oil due to its geographic distance from the Strait of Hormuz amid Middle East tensions.
Read full article → Economy Plus(1 Oct) Tesla has secured new financing agreements totaling $30 billion to accelerate artificial intelligence investments and expand production of its Cybercab robotaxi and Optimus robot. The package includes a $20 billion three-year term loan managed by Citibank and revolving credit facilities totaling $10 billion managed by Wells Fargo.
Read full article → Economy Plus(1 Oct) The average dollar exchange rate fell by 13 piastres against the pound, closing at 51.94 pounds for buying and 52.04 pounds for selling. Interbank foreign exchange trading volume rose 3.2% in September to $8.47 billion, while foreign and Arab investors recorded net sales of $827 million in local treasury bills.
Read full article → Economy Plus(1 Oct) New Valley Mining and Phosphate Company (Wadico) signed a shareholders agreement for a $600 million phosphate fertilizer project with the Egyptian Mineral Resources Authority and Elsewedy Electric. The project targets an annual production capacity of 500,000 tons of DAP and MAP fertilizers and is expected to take about three years to implement.
Read full article → Economy Plus(1 Oct) The Metallurgical Industries Holding Company plans to pump 11.7 billion pounds in investments during the 2026/2027 fiscal year, targeting total revenues of 78.3 billion pounds and a net profit of 18 billion pounds. The investments will be allocated to new projects, replacements, upgrades, and digital transformation initiatives.
Read full article → Economy Plus(1 Oct) The Construction and Urbanization Holding Company aims to achieve a net profit of 5.9 billion pounds in the 2026/2027 fiscal year, representing a 57% increase from the previous year. The company also targets total revenues of 35.7 billion pounds as it seeks to restructure subsidiaries and settle historical stalled projects.
Read full article → Economy Plus(1 Oct) Eastern Company's net profit increased by 7% in the second quarter to 2.9 billion pounds, up from 2.7 billion pounds in the same period last year. The growth was driven by a 15% rise in sales to 32.8 billion pounds, although first-half profits fell 4% due to 900 million pounds in early retirement provisions.
Read full article → Economy Plus