The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,659.44 | -1.09% |
| Dow Jones | 52,002.41 | -0.34% |
| Nasdaq | 26,140.03 | -2.15% |
| FTSE 100 | 10,881.90 | +0.38% |
| DAX | 25,622.61 | +0.95% |
| CAC 40 | 7,956.70 | +0.28% |
| Nikkei 225 | 65,324.29 | +1.39% |
| Hang Seng | 24,186.83 | +0.52% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.75–4.00% |
| SOFR (overnight) | 3.90% |
| 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 | 53.59 | +0.36% |
| EUR / USD | 1.1225 | +0.11% |
| GBP / USD | 1.3336 | +0.47% |
| USD / JPY | 157.81 | -0.21% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +0.26% · $/oz | ▲ $4,181.10 |
| WTI crude +3.51% · $/bbl | ▲ $101.41 |
| Brent crude +3.72% · $/bbl | ▲ $109.86 |
(19 Oct) The Federal Reserve is assessing how the rapid expansion of artificial intelligence could complicate its efforts to tame price pressures. Policymakers are weighing the broader economic implications as they consider the distribution of monetary tightening.
Read full article → Reuters(19 Oct) The chief executive of JPMorgan Chase highlighted robust domestic economic activity while cautioning against external geopolitical threats. He emphasized that ongoing global conflicts and persistent price pressures remain critical vulnerabilities for the broader market.
Read full article → WSJ(19 Oct) Shares of major American lenders have experienced an unprecedented decline, marking their most prolonged period of losses in over a decade. This sell-off contrasts sharply with recent corporate earnings reports, which have largely met or exceeded analyst expectations.
Read full article → Yahoo Finance(19 Oct) The Russian president has proposed a high-level trilateral meeting to negotiate a resolution to the ongoing conflict in Ukraine. The diplomatic overture signals a potential shift in geopolitical strategy as global powers seek to stabilize the region.
Read full article → WSJ(19 Oct) American equities recovered ground as investors positioned themselves ahead of critical technology sector earnings reports. Meanwhile, the euro weakened against the dollar amid escalating civil unrest and political uncertainty in France.
Read full article → Reuters(19 Oct) Crude oil prices retreated following the American government's decision to grant specific exemptions on Russian energy sanctions. The policy adjustment aims to ease global supply constraints while navigating the complex geopolitical landscape.
Read full article → WSJ(19 Oct) Worldwide food prices are projected to accelerate as multiple disruptions converge across major agricultural supply chains. These compounding shocks threaten to reignite broader consumer price pressures just as central banks attempt to stabilize inflation.
Read full article → Reuters(19 Oct) Shares of Indian sugar manufacturers declined after the government suspended the allocation of sugarcane for ethanol production. The regulatory shift is designed to ensure adequate domestic sugar supplies and control retail food prices.
Read full article → Reuters(19 Oct) Canadian consumer prices accelerated last month, driven primarily by a significant increase in fuel costs. The unexpected rise in the headline rate complicates the Bank of Canada's monetary policy trajectory as it balances growth and price stability.
Read full article → WSJ(19 Oct) The governor of the Bank of Japan indicated that domestic price dynamics are nearing the central bank's target threshold. This assessment reinforces expectations for a potential shift in the country's longstanding monetary accommodation.
Read full article → ReutersEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(18 Oct) The Egyptian Investment Authority announced plans to establish nine new investment zones in Cairo, Giza, and Matrouh with targeted investments exceeding 5 trillion EGP. The projects aim to attract foreign direct investment in services, technology, and data centers, with a goal of exporting 100% of their services abroad.
Read full article → Economy Plus(18 Oct) Several banks have expressed concerns regarding the Saudi Capital Market Authority's proposed amendments to initial public offering rules, particularly concerning underwriters' obligations for uncovered shares. The feedback comes as the Saudi IPO market experiences its weakest performance in years amid regional conflicts and an economic slowdown.
Read full article → Economy Plus(17 Oct) The Egyptian National Defense Council, chaired by President Abdel Fattah El-Sisi, approved providing all forms of support to Saudi Arabia to defend its security, stability, and territorial integrity. The council also affirmed full solidarity and the intensification of political and diplomatic efforts to de-escalate tensions in the region.
Read full article → Economy Plus(18 Oct) Talaat Moustafa Group has launched Banban Lakes, a new waterfront residential destination in Riyadh. The project expands the company's regional footprint in the Saudi real estate market.
Read full article → Economy Plus(18 Oct) The public and private share offerings for Bank of Cairo begin today on the Egyptian Exchange, with the private placement closing on October 23 and the public offering on October 28. The Financial Regulatory Authority approved the offering of 4.575 billion shares, representing 30% of the bank's issued capital, at a price range of 4.82 to 5.30 EGP per share.
Read full article → Economy Plus(17 Oct) The Egyptian Exchange's main EGX30 index fell 2.63% to close at 50,896.19 points, marking its lowest daily close since July 1. The decline was driven by selling pressure on both leading stocks and small-to-medium enterprise shares.
Read full article → Economy Plus(18 Oct) The Egyptian Exchange set October 20 as the start date for trading shares of MNT Tech Holding, known as MNT-Hala, at a reference price of 24.5 EGP. The shares will be listed on the mid-tier market, allowing same-session trading and margin trading with shares accepted as collateral up to 80% of their market value.
Read full article → Economy Plus(18 Oct) Egyptian Exchange Vice Chairman Mohamed Sabry announced plans to list the shares of Egypt Education Platform before the end of the year. The exchange is also restructuring its Tamayuz index for small and medium enterprises and collaborating with the London Stock Exchange to boost liquidity in Egyptian Global Depository Receipts.
Read full article → Economy Plus(18 Oct) Egypt's holdings of US Treasury bonds surged 873.3% year-on-year in August to reach approximately $1.606 billion, up from $165 million in the same month last year. On a monthly basis, the holdings increased by 44.8% from $1.109 billion in July, adding about $497 million.
Read full article → Economy Plus(18 Oct) The Central Bank of Egypt sold 84.77 billion EGP in Treasury bills with 91-day and 273-day maturities on behalf of the Finance Ministry. The auction yield exceeded the government's target of 105 billion EGP by 28.3%.
Read full article → Economy Plus(18 Oct) Be Well, a company owned by businessman Ahmed Tarek Khalil, signed a contract with the Teachers Syndicate to manage the Teachers Hospital in Aswan. The company plans to invest 280 million EGP to develop the facility as part of a broader strategy to invest 1 billion EGP this year.
Read full article → Economy Plus(18 Oct) The Electricity Ministry increased diesel supplies to power stations to about 25,000 tons per day in October, up from 15,000 tons in September, marking a 66.6% increase. This shift comes as the cost of importing liquefied natural gas rose to $24 per million British thermal units, compared to $14 for the equivalent amount of diesel.
Read full article → Economy Plus(17 Oct) Fertiglobe, an ADNOC group company, plans to build an integrated phosphate fertilizer complex in the Sokhna region with investments exceeding $1.5 billion. The facility will have an annual production capacity of 1.3 million tons of diammonium phosphate, with commercial production targeted for 2031.
Read full article → Economy Plus(18 Oct) Azdehar for Direct Investment aims to acquire stakes in 8 to 10 companies through its third fund, with individual deal values ranging from $20 million to $50 million. The firm plans to start marketing the fund in mid-2027, targeting $200 million to $250 million to focus on healthcare, retail, and export-oriented manufacturing.
Read full article → Economy Plus(18 Oct) The Transport Ministry secured pledges from three international institutions to provide 1.5 billion euros in concessional financing for the National Authority for Tunnels. The European Investment Bank, the European Bank for Reconstruction and Development, and the French Development Agency will fund urban transport projects in Greater Cairo.
Read full article → Economy Plus(18 Oct) Prices for several car models in Egypt increased by 15,000 to 150,000 EGP in October across eight major brands. The hikes are driven by dollar fluctuations, higher shipping and marine insurance costs, and reduced supply due to shipping route disruptions.
Read full article → Economy Plus(17 Oct) The US dollar appreciated by 6 piasters against the Egyptian pound for the seventh consecutive session, reaching 53.46 EGP for buying and 53.60 EGP for selling. Meanwhile, local gold prices rose 1.63% last week, with 21-karat gold hitting a three-week high despite a global decline in bullion prices.
Read full article → Economy Plus(18 Oct) The Financial Regulatory Authority approved six companies to conduct various non-banking financial activities using financial technology. The approvals include Welzly Financial Holding to operate as a custodian using fintech, and Welzly for Securities Trading to utilize approved technological mechanisms.
Read full article → Economy Plus(18 Oct) Supply and Internal Trade Minister Sherif Farouq met with Advances Telecom officials to develop a national digital platform for consumer goods under the Carry On project. The initiative aims to facilitate citizens' access to daily needs and improve the efficiency of the internal trade system.
Read full article → Economy Plus(17 Oct) Premier Healthcare Group announced that the Public Prosecution has lifted the freeze and seizure of funds in several cases involving the company. Following the decision, the company completed banking procedures and transferred a total of 535.13 million EGP to its accounts.
Read full article → Economy Plus(15 Oct) European Sentinel satellites captured images of 10 oil tankers moored at the loading berths of Yanbu and Muajiz ports on the Red Sea coast on October 15. This marks an increase from three tankers on October 10 and five on October 5, with seven vessels, including three very large crude carriers, docked at Yanbu.
Read full article → Economy Plus(18 Oct) Saudi Pro League clubs spent $407 million on international transfers during the summer 2026 window, generating $105 million from player sales. The league accounted for 78.7% of total Asian spending on international transfers and 66% of the continent's revenue from player sales.
Read full article → Economy Plus(17 Oct) Syria and the World Bank Group agreed to establish the START trust fund to support recovery and reconstruction efforts in the country. The multi-donor fund will provide concessional financing, investment guarantees, technical assistance, and capacity building to mobilize resources for the upcoming phase.
Read full article → Economy Plus(17 Oct) Iranian Foreign Minister Abbas Araghchi stated that Tehran's proposal to the US to reopen the Strait of Hormuz within six days and resume negotiations on the seventh remains on the table. He added that Iran is reviewing US feedback on the plan, noting that US acceptance of the conditions would lead to the strait's reopening on the sixth day.
Read full article → Economy Plus