The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,765.36 | +1.29% |
| Dow Jones | 51,231.64 | +0.60% |
| Nasdaq | 27,193.34 | +1.20% |
| FTSE 100 | 10,441.60 | +0.13% |
| DAX | 24,806.97 | -0.53% |
| CAC 40 | 7,729.69 | -2.12% |
| Nikkei 225 | 68,818.53 | -1.61% |
| Hang Seng | 24,045.71 | +0.31% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 53,265.20 | -0.06% |
| 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 | 52.35 | +0.29% |
| EUR / USD | 1.1228 | -0.24% |
| GBP / USD | 1.3239 | -0.03% |
| USD / JPY | 158.08 | +0.22% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +1.15% · $/oz | ▲ $4,204.60 |
| WTI crude +1.01% · $/bbl | ▲ $90.33 |
| Brent crude +2.53% · $/bbl | ▲ $102.86 |
(8 Oct) Crude markets faced upward pressure as escalating tanker attacks in the Middle East coincided with hurricane threats to U.S. Gulf output. Reports indicate the U.S. administration is considering the resumption of large-scale military operations in the region.
Read full article → CNBC(8 Oct) Researchers at the New York Federal Reserve found that import duties were the primary driver of price increases across dozens of consumer goods categories earlier this year. The central bank's analysis highlights the direct pass-through of trade policy to domestic consumer costs.
Read full article → CNBC(8 Oct) The Bridgewater Associates founder cautioned that corporate earnings have so far insulated equities from the impact of higher borrowing costs, but this buffer is diminishing. He warned that weakening free cash flow could leave stocks more vulnerable to further yield increases.
Read full article → CNBC(8 Oct) S&P Global Ratings indicated that a recovery in the property sector could begin in the country's largest metropolitan areas as early as next year. The assessment offers a potential inflection point for an industry that has been a major drag on the broader economy.
Read full article → CNBC(8 Oct) Shares of major artificial intelligence infrastructure providers fell following reports regarding OpenAI's recent financial performance and investor updates. The market reaction underscores the intense scrutiny on the monetization and revenue trajectories of leading generative AI companies.
Read full article → CNBC(8 Oct) Major U.S. wireless carriers saw their shares decline after SpaceX agreed to purchase a nationwide spectrum portfolio to expand its Starlink telecommunications services. The move signals a deepening push by the satellite operator into the traditional mobile market.
Read full article → CNBC(8 Oct) The Labor Department suspended both technology giants from a key visa sponsorship program citing multiple active federal investigations into their involvement. The enforcement action reflects a broader regulatory crackdown on corporate immigration practices.
Read full article → CNBC(8 Oct) The U.K. government is weighing whether to align with the European Union in imposing tariffs on Chinese electric vehicles after initially allowing their entry. The decision presents a complex trade-off between protecting domestic automakers and maintaining affordable options for consumers.
Read full article → CNBC(8 Oct) The food and beverage giant lowered its profit outlook as its domestic business continues to underperform relative to its international segments. Management indicated that efforts to revitalize its North American operations are taking more time than initially anticipated.
Read full article → CNBC(9 Oct) A senior U.S. diplomat argued that financial markets are overestimating the likelihood of military conflict across the Taiwan Strait. The envoy emphasized that robust deterrence measures remain in place to prevent Beijing from taking the island.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(7 Oct) Egypt's wheat imports dropped 65% in the third quarter of 2026 to 1.3 million tons amid rising global prices and Black Sea shipping disruptions. Ukraine supplied 200,000 tons in September, surpassing Russia's 120,000 tons for the first time on a monthly basis.
Read full article → Economy Plus(7 Oct) The World Bank raised its growth forecast for Egypt's economy to 4.3% for the current fiscal year and 5.1% for 2025-2026, citing lower inflation and strong domestic consumption. The bank also projected headline inflation at 14.2% for the current fiscal year.
Read full article → Economy Plus(7 Oct) The government is finalizing the executive plan for the state ownership policy document for 2026-2030 to maximize the private sector's role in economic activity. Deputy Prime Minister Hussein Eissa chaired a meeting to review the plan's features and proposals.
Read full article → Economy Plus(7 Oct) The government is studying the transfer of the Chemical and Mineral holding companies to the Future of Egypt device as part of a state-owned enterprise restructuring plan. The move aims to optimize assets and awaits final approvals from the Prime Minister.
Read full article → Economy Plus(7 Oct) The National Social Insurance Authority achieved 136 billion EGP in investment returns during the 2025-2026 fiscal year. Authority head Gamal Awad noted that upcoming pension increases will be funded from these insurance funds rather than the state budget.
Read full article → Economy Plus(7 Oct) Bookbuilding for the MNT Halan IPO began today at a price of 24.5 EGP per share, offering up to 320 million shares representing 20% of the company's capital. The total value of the offering could reach 7.84 billion EGP if fully subscribed. Founder and CEO Mounir Nakla said over 50% of the proceeds will be directed to the Egyptian market.
Read full article → Economy Plus(7 Oct) Qatari Diar for Urban Development received a license to develop a 4,901-feddan investment zone in Matrouh governorate. The project will include residential, tourist, commercial, and administrative activities under a cabinet decree.
Read full article → Economy Plus(7 Oct) Travco contracted to purchase 600,000 square meters in Marsa Alam for 69 million dollars to build three new hotels with 1,200 rooms. The total investment for the project will range between 120 million and 150 million dollars, excluding the land value.
Read full article → Economy Plus(7 Oct) Maxim Group plans to invest 900 million EGP to build 550 hotel rooms across three new properties in partnership with government entities. The company targets opening the first of these hotels, including a business hotel, by May next year.
Read full article → Economy Plus(7 Oct) The Central Bank of Egypt and the Egyptian Exchange will suspend operations on Thursday, October 8, to mark the October Victory Day holiday. The labor ministry also declared the day a paid holiday for private sector workers.
Read full article → Economy Plus(7 Oct) The EGX30 index fell 0.48% to close at 53,298 points, while the broader EGX100 index declined 0.69% amid net selling by Arab and foreign investors. The total market capitalization of listed stocks lost about 26 billion EGP to close at 4.213 trillion EGP.
Read full article → Economy Plus(7 Oct) The US dollar fell 11 piasters against the Egyptian pound to trade at 52.25 EGP for buying and 52.39 EGP for selling. Arab and foreign investors recorded net purchases of 251 million dollars in the secondary debt market, while the central bank absorbed 293.96 billion EGP in open market operations at a rate of 19.50%.
Read full article → Economy Plus(7 Oct) The Ministry of Planning and Economic Development held discussions with representatives from international financial institutions and major rating agencies regarding the national economic transition program. Participants included the UN, World Bank, IMF, and the European Bank for Reconstruction and Development.
Read full article → Economy Plus(7 Oct) Prime Minister Mustafa Madbouly directed the conversion of between 200 and 250 schools into applied technology schools in partnership with the private sector. The initiative aims to elevate educational standards and provide graduates ready to meet labor market needs.
Read full article → Economy Plus(7 Oct) The extraordinary general assembly of the Egyptian Electricity Transmission Company approved a 21 billion EGP increase in its issued capital to 30.97 billion EGP. The funds will finance projects to strengthen the national grid and accommodate renewable energy capacities.
Read full article → Economy Plus(7 Oct) The World Bank expects Gulf Cooperation Council economies to contract by an average of 4.3% in 2026 due to the closure of the Strait of Hormuz and lower oil export volumes. The broader MENA region is also projected to contract by 2.1% this year.
Read full article → Economy Plus(7 Oct) Saudi Energy Minister Prince Abdulaziz bin Salman said about 5.8 million barrels per day of oil currently pass through the East-West pipeline. He noted that diversified logistical options have helped Gulf countries manage regional crises.
Read full article → Economy Plus(7 Oct) Twenty-four Sudanese fuel import and distribution companies petitioned Sovereignty Council head Abdel Fattah al-Burhan to urgently revise fuel import and financing regulations. The companies argued that current restrictions on a limited number of firms have weakened competition and disrupted supplies.
Read full article → Economy Plus(7 Oct) Chinese artificial intelligence company DeepSeek is seeking to raise about 12 billion dollars in its latest funding round ahead of a potential domestic initial public offering. The company started the new round in July targeting a valuation of 500 billion yuan.
Read full article → Economy Plus