Featured Citigroup warns against overconfidence in aggressive ECB rate cuts for 2025 Aya El Sayed Dec 9, 2024 0 Citigroup Inc. has cautioned traders against expecting swift and aggressive rate cuts from the European Central…
Featured Eurozone sees inflation slowdown – ECB survey Aya El Sayed May 28, 2024 0 Eurozone consumers' inflation expectations eased last month, a European Central Bank (ECB) survey showed on…
forex news Dollar falls as trade progress boosts risk assets; kiwi soars Amwal Al Ghad English Feb 13, 2019 0 The dollar edged lower against its peers on Wednesday, as rising expectations of a breakthrough in the trade…
Financial Institutions Egypt’s likely to post 7% growth rate in FY2021/22: ministry Amwal Al Ghad English Feb 12, 2019 0 Egypt is expected to achieve a growth rate by seven percent within the financial year 2021/2022, up from…
forex news US oil prices rise as market eyes tighter supply Amwal Al Ghad English Feb 5, 2019 0 U.S. oil prices inched up on Tuesday, buoyed by expectations of tightening global supply due to U.S. sanctions on…
World Asian markets rise as China says its economy grew in line with expectations in 2018 Amwal Al Ghad English Jan 21, 2019 0 Asian markets traded higher Monday afternoon as investors digested fresh official data of of China that showed the…
forex news Fed pause expectations keep lid on dollar prices Amwal Al Ghad English Jan 8, 2019 0 Dollar prices struggled for traction against its peers on Tuesday, with investors increasingly convinced the…
Editors' Picks Sell-offs may weigh on Egyptian Exchange Monday Amwal Al Ghad English Nov 12, 2018 0 Technical analysts made varying expectations for the Egyptian Exchange’s (EGX) performance on Monday, as some…
Industry & Trade Property developer SODIC’s 2018 expected contracts to rise 14% Amwal Al Ghad English Oct 24, 2018 0 Egypt’s property developer firm, SODIC said on Wednesday it has changed its expectations for clients’ contracts to…
forex news Gold prices steady as dollar takes a breather Amwal Al Ghad English Oct 10, 2018 0 Gold prices held steady on Wednesday as expectations of more U.S. interest rate increases pressured demand,…
forex news Gold falls from expectations of higher US interest rates Amwal Al Ghad English Aug 30, 2018 0 Gold prices inched lower on Thursday amid expectations of higher U.S. interest rates, but managed to hold above a…
forex news Oil prices rise on expectations of market tightening Amwal Al Ghad English Aug 28, 2018 0 Oil prices rose on Tuesday as risks of supply disruptions from places such as Venezuela, Africa and Iran triggered…
forex news Oil falls on rising US crude inventories, darkening economic outlook Amwal Al Ghad English Aug 15, 2018 0 Oil prices fell on Wednesday, pulled down by a report of increased U.S. crude inventories and as a darkening…
forex news Dollar steady after Powell reiterates upbeat economic view Amwal Al Ghad English Jul 19, 2018 0 Dollar held firm against its peers on Thursday, supported by bullish comments from the U.S. Federal Reserve…
Industry & Trade US consumer confidence falls in July on tariff concerns Amwal Al Ghad English Jul 15, 2018 0 The University of Michigan's initial data indicated that the US consumer confidence slipped in early July from May,…
forex news Oil falls on expectations OPEC could boost output Amwal Al Ghad English May 24, 2018 0 Oil prices dipped on Thursday on expectations that OPEC members will step up production in the face of worries over…
World US stocks fall about 200 points, snap 8-day winning streak after interest rates rise nada nasser May 16, 2018 0 U.S. stocks dropped sharply on Tuesday after Home Depot reported quarterly sales that fell short of Wall Street's…
forex news Brent crude oil rises for a sixth day as supplies tighten amid strong demand nada nasser Apr 24, 2018 0 Brent crude oil rose for sixth day on Tuesday, passing $75 a barrel, on expectations that supplies will tighten…
forex news Gold off 11-week highs after Fed signals more rate hikes Yomna Yasser Apr 12, 2018 0 Gold prices eased off multi-week highs on Thursday as minutes from the Federal Reserve's last policy meeting…
forex news Oil inches lower on expectations for US crude stock build Yomna Yasser Apr 4, 2018 0 Oil prices slipped on Wednesday on expectations for a build-up in U.S. crude inventories, but Russian government…
forex news Oil inches up, but rising Russian output still weighs Yomna Yasser Apr 3, 2018 0 Oil prices inched up on Tuesday as rising Russian output and expectations of a reduction in Saudi Arabian crude…
forex news Oil prices rise on lower US drilling activity Yomna Yasser Apr 2, 2018 0 Oil prices rose on Monday, lifted by a drop in U.S. drilling activity as well as by expectations that the United…
forex news Dollar rises on data, yen gains on US political uncertainty Yomna Yasser Mar 17, 2018 0 The dollar prices rose against most currencies on Friday, bolstered by solid U.S. economic data that further…
World European markets close lower amid light trading volumes; Reckitt Benckiser down 7.5% Yomna Yasser Feb 20, 2018 0 Equities in Europe closed lower Monday afternoon amid weak volumes, and as investors digested fresh earnings. The…
forex news Oil stable on weaker dollar and healthy economic growth, but pockets of oversupply linger Yomna Yasser Feb 14, 2018 0 Oil prices were stable on Wednesday, supported by healthy economic growth and expectations that a weaker dollar…
World European stocks close lower amid global market turmoil; Amundi slips 6% Yomna Yasser Feb 10, 2018 0 European stocks closed lower Friday, as investors monitored global concerns about soaring volatility and rising…
forex news Gold holds losses on firmer dollar amid rate hike views Yomna Yasser Feb 8, 2018 0 Gold prices held on to losses from the previous session early on Thursday, after the precious metal fell to…
forex news Gold rises as equity sell-off spurs safe-haven buying Yomna Yasser Feb 6, 2018 0 Gold prices rose on Tuesday as a rout in global equities prompted investors to seek shelter in safe havens such as…
World Asia markets trade lower; major indexes in Japan, South Korea, Australia and China fall Yomna Yasser Feb 5, 2018 0 Asian markets fell across the board on Monday, following a sharp decline in U.S. stocks on Friday on a…
forex news US crude drops 35 cents, settling at $65.45, as dollar rises after strong jobs report Yomna Yasser Feb 3, 2018 0 Oil prices fell on Friday as the stock market slumped on concerns about rising interest rates and as the U.S.…
World European close lower; Deutsche Bank ends down more than 5% Yomna Yasser Feb 3, 2018 0 European equities closed lower on Friday afternoon as investors digested further earnings reports. The pan-European…
Arab Region to consolidate, Qatar may react to corporate earnings Yomna Yasser Jan 24, 2018 0 Middle Eastern stock markets look set to consolidate on Wednesday with no strong factors pushing in either…
forex news Yen ticks up after BOJ, dollar mired near 3-year low Yomna Yasser Jan 23, 2018 0 The yen ticked up slightly on Tuesday after the Bank of Japan kept monetary policy unchanged as expected but made…
forex news Euro eases from 3-year highs; dollar edges up vs yen Yomna Yasser Jan 16, 2018 0 Euro prices inched lower on Tuesday, taking a breather after having rallied on the back of optimism about the euro…
Industry & Trade Egypt targets 5.5% economic growth in FY2017/18: minister Yomna Yasser Jan 14, 2018 0 Egypt rose expectations for targeted economic growth in the current financial year 2017/2018 to between 5.3% and…
forex news Gold prices dip on outlook for US rate hikes Yomna Yasser Jan 9, 2018 0 Gold prices inched down early on Tuesday as the dollar held steady amid expectations of more U.S. interest rate…
forex news Gold prices firm amid higher US rate hike environment Yomna Yasser Jan 8, 2018 0 Gold prices held steady on early Monday, below 3-1/2-month highs hit last week, amid expectations of more U.S.…
forex news Dollar clings above 3-1/2-months lows; loonie stands tall Yomna Yasser Jan 8, 2018 0 The dollar held steady above a recent 3-1/2 month low against a basket of major peers on Monday, after data…
Arab MENA region bourses may start 2018 on positive note Yomna Yasser Jan 2, 2018 0 Middle Eastern stock markets may generally start 2018 on a positive note because of strong global markets and…
World Stocks close at all-time highs as odds of tax bill passing increase Yomna Yasser Dec 16, 2017 0 U.S. stocks rose to all-time highs on Friday as expectations of a Republican tax bill passing increased. The Dow…