The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,811.54 | +1.15% |
| Dow Jones | 51,654.95 | +0.93% |
| Nasdaq | 27,366.17 | +0.64% |
| FTSE 100 | 10,552.05 | +0.86% |
| DAX | 25,087.27 | -0.57% |
| CAC 40 | 7,803.33 | -0.39% |
| Nikkei 225 | 69,030.92 | -1.31% |
| Hang Seng | 24,211.35 | +1.00% |
| 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) | 3.87% |
| 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 | 52.32 | +0.23% |
| EUR / USD | 1.1206 | -0.44% |
| GBP / USD | 1.3233 | -0.08% |
| USD / JPY | 158.25 | +0.32% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +1.43% · $/oz | ▲ $4,216.30 |
| WTI crude +2.71% · $/bbl | ▲ $91.85 |
| Brent crude +4.10% · $/bbl | ▲ $104.43 |
(10 Oct) President Donald Trump has moved to ease sanctions on Moscow to secure Russian diesel supplies for U.S. and global markets amid refinery disruptions. Ukraine President Volodymyr Zelenskyy condemned the agreement, stating the policy shift plays into Russia's hands and contradicts existing sanctions law.
Read full article → CNBC(9 Oct) Escalating attacks on commercial vessels in the Strait of Hormuz have reached wartime levels as Iran attempts to restrict regional oil exports. The surge in maritime incidents is testing the sustainability of crude oil rebounds from the Middle East under increasingly high-risk conditions.
Read full article → CNBC(9 Oct) Researchers indicate that the ability of U.S. consumers to meet debt payments has deteriorated significantly, flashing a warning signal not observed since the Great Recession. While wealth disparities have narrowed somewhat, the underlying stress in household balance sheets presents a growing macroeconomic concern.
Read full article → CNBC(9 Oct) Verizon shares suffered their worst single-day decline since 2002 following SpaceX's announcement of a new spectrum deal to expand its Starlink service. The move signals SpaceX's deeper push into the U.S. telecommunications market, weighing heavily on traditional cell provider stocks.
Read full article → CNBC(9 Oct) Economist Paul Krugman has warned of a looming crisis in France, suggesting the country's fiscal position may have become too large to rescue. Former European Central Bank head Jean-Claude Trichet echoed the urgency, stating that French politicians must reach a compromise to address the debt situation.
Read full article → CNBC(9 Oct) Ray Dalio cautioned that corporate earnings have historically cushioned equities against rising bond yields, but this buffer is now shrinking. He warned that free cash flow could weaken, leaving stocks more vulnerable to further increases in borrowing costs.
Read full article → CNBC(9 Oct) A U.S. diplomat stated that investors are currently overestimating the risk of a military conflict across the Taiwan Strait. The envoy emphasized the role of deterrence in preventing Beijing from taking the island, suggesting that geopolitical risk premiums in the market may be excessive.
Read full article → CNBC(9 Oct) China and the European Union have reached an agreement to reduce Chinese hybrid vehicle exports to the bloc by half. Europe's trade chief Maroš Sefčovič described the two days of talks with China's Commerce Minister in Beijing as a positive first step in resolving the trade dispute.
Read full article → CNBC(9 Oct) Delta Air Lines lowered its 2026 financial forecast due to a surge in fuel costs, missing Wall Street estimates for the first time in two years. Despite the margin pressure from elevated energy prices, the airline's chief executive maintained that underlying passenger demand remains strong.
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 fell 65% in the third quarter of 2026 to 1.3 million tons as the government suspended purchases since May amid rising global prices and Black Sea shipping risks. Ukraine surpassed Russia in monthly shipments for the first time, supplying 200,000 tons in September compared to 120,000 tons from Russia.
Read full article → Economy Plus(7 Oct) The World Bank raised its economic growth forecast for Egypt to 4.3% for the current fiscal year and to 5.1% for the previous fiscal year, citing lower inflation and strong domestic consumption. The lender also revised up its estimate for the fiscal year ending in June 2026, noting a recovery in extractive industries.
Read full article → Economy Plus(7 Oct) The World Bank projected that headline inflation in Egypt will reach 14.2% in the current fiscal year, up from 13.3% in the fiscal year ended in June. The bank noted that inflation has remained largely stable since the outbreak of the Iran war in late February, though it remains higher than levels in other regional countries.
Read full article → Economy Plus(7 Oct) The Egyptian government is finalizing the executive plan for the second edition of the State Ownership Policy Document for 2026-2030 to maximize the private sector's role in economic activity. Deputy Prime Minister for Economic Affairs Hussein Eissa held a meeting to review the plan's features alongside planning and investment officials.
Read full article → Economy Plus(7 Oct) The government is studying the transfer of the Chemical and Metal Industries Holding Companies to the Future of Egypt Sustainable Development Agency to maximize asset utilization. The restructuring plan also includes transferring four other holding companies from the defunct Ministry of State-Owned Enterprises to the Egypt Sovereign Fund.
Read full article → Economy Plus(7 Oct) The National Social Insurance Authority achieved record investment returns of 136 billion Egyptian pounds during the 2025-2026 fiscal year. Authority head Gamal Awad stated that the body collects over half a trillion pounds annually from contributions and investment yields, which will fund the upcoming pension increases.
Read full article → Economy Plus(7 Oct) Bookbuilding has opened for the initial public offering of fintech company MNT-Halan at a price of 24.5 Egyptian pounds per share, valuing the total offering at up to 7.84 billion pounds. The offering includes up to 320 million shares, representing 20% of the company's capital, with retail investors allowed to subscribe starting October 7.
Read full article → Economy Plus(7 Oct) Qatar Diar for Urban Development has obtained a license to develop a 4,900.99-feddan investment zone along the Alexandria-Matrouh coastal road. The project, approved by the Cabinet, will feature integrated residential, tourism, commercial, and administrative activities.
Read full article → Economy Plus(7 Oct) Egyptian tourism group Travco has contracted 600,000 square meters in Marsa Alam to build three new hotels with investments ranging between $120 million and $150 million. The expansion will add 1,200 rooms to the company's existing portfolio in the Red Sea resort.
Read full article → Economy Plus(7 Oct) The Tourism Development Authority issued 16 final allocation decisions for investment plots in the South Magawish tourist center south of Hurghada. The plots cover a total area of over 1 million square meters for integrated hotel, service, and entertainment projects.
Read full article → Economy Plus(7 Oct) Maxim Group for Hotel and Tourist Resort Management plans to invest 900 million Egyptian pounds to build three new hotels with a total capacity of 550 rooms. Vice Chairman Wahid El-Tehamy stated that the projects target new areas and diverse client segments, with the first hotel scheduled to open next May.
Read full article → Economy Plus(7 Oct) Sky Max company aims to attract 1.1 million tourists to Egypt by the end of 2026, marking a 25% annual increase. The target follows the arrival of 680,000 tourists during the first nine months of the year.
Read full article → Economy Plus(7 Oct) The EGX30 index fell 0.48% to 53,298 points, wiping 26 billion Egyptian pounds off the market capitalization to close at 4.213 trillion pounds. Meanwhile, the US dollar dropped 11 piasters against the pound to 52.25 pounds for buying and 52.39 pounds for selling, as the central bank absorbed 293.96 billion pounds in open market operations at a 19.50% return rate.
Read full article → Economy Plus(7 Oct) The Central Bank of Egypt and the Egyptian Exchange will suspend operations on Thursday, October 8, resuming on Sunday, October 11. The Minister of Labor declared the day a paid official holiday for private sector workers to celebrate the October Victory anniversary.
Read full article → Economy Plus(7 Oct) The Ministry of Planning and Economic Development held talks with representatives from the World Bank, IMF, and other international financial institutions regarding the national economic transformation program. The discussions covered macroeconomic developments and current performance indicators.
Read full article → Economy Plus(7 Oct) Prime Minister Mostafa Madbouly directed the conversion of between 200 and 250 schools into applied technology schools in partnership with the private sector. The initiative aims to upgrade educational standards and provide graduates ready to meet labor market needs.
Read full article → Economy Plus(7 Oct) The Egyptian Electricity Transmission Company approved a 21 billion Egyptian pound increase in its issued capital to 30.97 billion pounds. 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 projected that Gulf Cooperation Council economies will contract by an average of 4.3% in 2026, driven by the closure of the Strait of Hormuz and declining oil export volumes. The broader MENAP region is expected to shrink by 2.1% this year, compared to a 3.3% growth in 2025.
Read full article → Economy Plus(7 Oct) Energy Minister Prince Abdulaziz bin Salman stated that approximately 5.8 million barrels of oil are currently flowing through the East-West pipeline. He noted that diversified logistics options have helped Saudi Arabia and Gulf states navigate regional crises and supply disruptions.
Read full article → Economy Plus(7 Oct) Twenty-four Sudanese companies involved in fuel import and distribution submitted a petition to the Sovereignty Council head, demanding an urgent review of fuel import and financing regulations. The companies argued that current restrictions limiting imports to a few firms have weakened competition and disrupted supply.
Read full article → Economy Plus(7 Oct) Chinese artificial intelligence company DeepSeek is seeking to raise nearly $12 billion in its latest funding round to build a strong financial reserve ahead of a potential domestic IPO. The company started the new round in July, targeting a valuation of 500 billion yuan, or $74 billion.
Read full article → Economy Plus