Daily Market Brief

Egypt & Global Markets · Research Desk
Tuesday, 13 October 2026 · Hedge Research Desk
The Read
European equities advanced while US and Asian indices posted mixed, marginal losses, reflecting a cautious start to the trading session. Energy commodities surged on strong crude oil gains, while the US dollar strengthened against the Egyptian pound.
Strategy · Execution · Growth
S&P 5007,807.24-0.06%Dow Jones51,850.55+0.38%Nasdaq27,245.90-0.44%FTSE 10010,656.30+0.99%DAX25,277.68+0.76%CAC 407,832.88+0.38%Gold$4,190.60Brent$106.65USD/EGP52.63+0.45%EUR/USD1.1160-0.40%Fed3.75–4.00%S&P 5007,807.24-0.06%Dow Jones51,850.55+0.38%Nasdaq27,245.90-0.44%FTSE 10010,656.30+0.99%DAX25,277.68+0.76%CAC 407,832.88+0.38%Gold$4,190.60Brent$106.65USD/EGP52.63+0.45%EUR/USD1.1160-0.40%Fed3.75–4.00%
S&P 500
7,807.24
-0.06%
Gold
$4,190.60
USD / EGP
52.63
+0.45%
Brent
$106.65
01

5-Year Trend

The structural picture behind today’s tape — pick an indicator to see its five-year path.

USD / EGP · EGP
55.70
▲ +255% over 5y
12.4124.0335.6647.2858.91 2021-11-012021-12-012022-01-012022-02-012022-03-012022-03-312022-04-302022-05-312022-06-302022-07-312022-08-312022-09-302022-11-012022-12-012023-01-012023-02-012023-03-012023-03-312023-04-302023-05-312023-06-302023-07-312023-08-312023-09-302023-11-012023-12-012024-01-012024-02-012024-03-012024-03-312024-04-302024-05-312024-06-302024-07-312024-08-312024-09-302024-11-012024-12-012025-01-012025-02-012025-03-012025-03-312025-04-302025-05-312025-06-302025-07-312025-08-312025-09-302025-11-012025-12-012026-01-012026-02-012026-03-012026-03-312026-04-302026-05-312026-06-302026-07-312026-08-312026-09-302026-10-25 USD / EGP
S&P 500 · index
7,624
▲ +67% over 5y
3,2584,4475,6366,8258,014 2021-11-012021-12-012022-01-012022-02-012022-03-012022-04-012022-05-012022-06-012022-07-012022-08-012022-09-012022-10-012022-11-012022-12-012023-01-012023-02-012023-03-012023-04-012023-05-012023-06-012023-07-012023-08-012023-09-012023-10-012023-11-012023-12-012024-01-012024-02-012024-03-012024-04-012024-05-012024-06-012024-07-012024-08-012024-09-012024-10-012024-11-012024-12-012025-01-012025-02-012025-03-012025-04-012025-05-012025-06-012025-07-012025-08-012025-09-012025-10-012025-11-012025-12-012026-01-012026-02-012026-03-012026-04-012026-05-012026-06-012026-07-012026-08-012026-09-012026-10-012026-10-23 S&P 500
Gold · XAU/USD · $/oz
4,008
▲ +126% over 5y
1,3922,2933,1934,0934,993 2021-11-012021-12-012022-01-012022-02-012022-03-012022-04-012022-06-012022-07-012022-08-012022-09-012022-10-012022-11-012022-12-012023-02-012023-03-012023-04-012023-05-012023-06-012023-07-012023-08-012023-09-012023-11-012023-12-012024-01-012024-02-012024-03-012024-04-012024-05-012024-06-012024-07-012024-08-012024-10-012024-11-012025-01-012025-02-012025-03-012025-04-012025-05-012025-07-012025-08-012025-09-012025-10-012025-11-012025-12-012026-01-012026-04-012026-05-012026-06-012026-07-012026-08-012026-09-012026-10-012026-10-23 Gold · XAU/USD
02

Equities

Global Indiceslevels · latest change
IndexLevelChange
S&P 5007,807.24-0.06%
Dow Jones51,850.55+0.38%
Nasdaq27,245.90-0.44%
FTSE 10010,656.30+0.99%
DAX25,277.68+0.76%
CAC 407,832.88+0.38%
Nikkei 22569,030.92-0.02%
Hang Seng24,271.20+0.25%
03

Rates & Central Banks

US · Federal Reserve
3.75–4.00%
Fed funds target — on hold.
Euro Area · ECB
2.50%
ECB deposit facility.
Global Benchmark Rateslatest levels
RateLevel
United States
Fed funds target on hold3.75–4.00%
SOFR (overnight)3.90%
Euro Area
ECB deposit facility2.50%
ECB main refinancing2.65%
ECB marginal lending2.90%
€STR2.44%
04

Currencies & Commodities

Currencieslatest
PairRateChange
USD / EGP52.63+0.45%
EUR / USD1.1160-0.40%
GBP / USD1.3210-0.24%
USD / JPY158.52+0.20%
Commoditieslatest
CommodityPrice
Gold · XAU/USD -0.61% · $/oz▼ $4,190.60
WTI crude +2.06% · $/bbl▲ $93.74
Brent crude +1.84% · $/bbl▲ $106.65
05

Global Economy

Middle East · Energy

Oil prices rise after IEA warns on market constraints; Saudi officials say Aramco facilities attacked

(13 Oct) Crude markets are reacting to supply concerns following warnings from the International Energy Agency regarding market constraints. Tensions are further elevated after Saudi officials reported attacks on Aramco facilities, adding to existing geopolitical risk premiums.

Read full article → CNBC
US · Equities

Wall Street's big but narrow rally: 4 in 10 S&P stocks are down this year

(12 Oct) Despite broad index gains, market breadth remains a concern for investors as a significant portion of the S&P 500 has declined year-to-date. This divergence highlights the concentrated nature of recent equity market advances.

Read full article → Reuters
India · Inflation

India inflation jumps to 5.54% in September, strengthening case for further rate hikes

(12 Oct) Consumer prices in India accelerated in September, approaching the central bank's upper tolerance threshold. The unexpected rise in inflation is likely to reinforce the Reserve Bank of India's hawkish stance on monetary policy.

Read full article → Reuters
US · Federal Reserve

Fed's Hammack: Hope to cool demand, and inflation, without job market pain

(12 Oct) A Federal Reserve official emphasized the central bank's objective to reduce inflationary pressures without triggering a severe downturn in employment. The comments reflect the ongoing policy challenge of engineering a soft landing for the US economy.

Read full article → Reuters
Japan · Inflation

Japan's wholesale inflation remains elevated, keeps alive BOJ rate-hike view

(12 Oct) Corporate goods prices in Japan stayed high, signaling persistent domestic cost pressures. This data supports expectations that the Bank of Japan will continue to normalize its monetary policy in the near term.

Read full article → Reuters
Global · Asset Allocation

BlackRock cools on US stocks, turns bullish on short-dated Treasuries

(13 Oct) The world's largest asset manager has reduced its overweight position in US equities amid valuation and macroeconomic concerns. Concurrently, the firm is favoring short-term government bonds to capture attractive yields with lower volatility.

Read full article → Reuters
US · Technology

US chip stocks extend slide as China memory report, AI spending jitters hit sector

(13 Oct) Semiconductor equities faced renewed selling pressure driven by concerns over artificial intelligence capital expenditure and competitive threats from China. A recent report on Chinese memory production added to the sector's bearish sentiment.

Read full article → Reuters
China · Inflation

China factory-gate inflation heats up as commodity costs rise, CPI lags forecasts

(13 Oct) Producer prices in China increased due to higher global commodity costs, contrasting with softer-than-expected consumer inflation. The divergence underscores the complex dynamics of domestic demand recovery and input cost pressures in the world's second-largest economy.

Read full article → Reuters
Global · Currencies

Dollar holds 18-month high as Gulf tension, US inflation keep investors on edge

(12 Oct) The US dollar maintained its recent strength against major peers, supported by safe-haven demand amid escalating geopolitical risks in the Middle East. Persistent domestic inflation data also continues to underpin expectations for higher-for-longer interest rates.

Read full article → Reuters
06

Egypt Focus

Egypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.

Egypt · Macro

Egypt records $2.8B balance of payments surplus in FY2025/26

(12 Oct) Egypt recorded a balance of payments surplus of $2.8 billion in the 2025/2026 fiscal year. The surplus was driven by an increase in foreign direct investment and remittances.

Read full article → Egypt Today · Ahram Online · Business Today Egypt
Egypt · Diplomacy

President El-Sisi signs 20 agreements with South Korea, Malaysia and Indonesia

(12 Oct) President Abdel Fattah El-Sisi signed 20 agreements and memorandums of understanding during his tour of Asia. The deals involve South Korea, Malaysia, and Indonesia to drive investment and strategic partnerships.

Read full article → Egypt Today · Business Insider Africa · Sada Elbalad English
Egypt · Energy

Egypt Draws $6.7bn in Oil, Minerals FDI in FY2025/26

(13 Oct) Egypt attracted $6.7 billion in foreign direct investment in the oil and minerals sectors during the 2025/2026 fiscal year. The petroleum minister stated that the country prioritizes energy security and seeks investment to boost domestic production.

Read full article → Egypt Oil & Gas · الهيئة العامة للاستعلامات
Egypt · Economy

Egypt’s private sector accounts for 57.7% of total investment in FY2025/26

(12 Oct) The private sector accounted for 57.7% of total investment in Egypt during the 2025/2026 fiscal year, according to the minister. The ministry added that fiscal priorities support investment, growth, and employment.

Read full article → Ahram Online · TradingView
Egypt · Macro

Egypt seeks infrastructure financing, investment partnerships at IMF/World Bank meetings

(13 Oct) Egypt is seeking infrastructure financing and investment partnerships at the IMF and World Bank meetings in Bangkok. The government is also discussing economic reforms during the meetings in Thailand.

Read full article → Ahram Online
Egypt · Macro

Egyptians' remittances rise 21.7% in August to $4.2 billion

(13 Oct) Remittances from Egyptians abroad rose 21.7% in August to reach $4.2 billion. Over an eight-month period, remittances jumped 27.2% to $33.9 billion.

Read full article → جريدة البورصة · العربية
Egypt · Real Estate

Egypt's Taj Misr targets $171mln in real estate, hospitality asset acquisitions

(12 Oct) Taj Misr is targeting $171 million in acquisitions. The company is focusing on real estate and hospitality assets.

Read full article → TradingView
Egypt · Manufacturing

H&L Egypt raises investment to $30m for South Korean sportswear factory in West Qantara

(13 Oct) H&L Egypt has raised its investment to $30 million. The funds are allocated for a South Korean sportswear factory in West Qantara.

Read full article → Daily News Egypt
Egypt · Manufacturing

South Africa’s Malben, Egypt’s Elaraby eye automotive components manufacturing partnership

(12 Oct) South Africa’s Malben and Egypt’s Elaraby are exploring a partnership. The companies are eyeing a manufacturing partnership for automotive components.

Read full article → Engineering News
Egypt · Real Estate

El-Etreby: 415-Feddan Hyde Park deal to unlock real estate value

(13 Oct) A 415-feddan deal involving Hyde Park is expected to unlock real estate value. This was stated by El-Etreby.

Read full article → وكالة أنباء الشرق الأوسط - mena