Egyptian Exchange opens Thursday in red
The Egyptian Exchange (EGX) has seen a downward early Thursday as the US Federal Reserve raised interest rates.
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interest rates
Chinese banks drag mainland markets lower; Japan down over 3%
Asian markets were broadly lower on Thursday afternoon after the U.S. Federal Reserve raised interest rates for the…
Egypt’s annual urban inflation falls 15.7% in Nov.
Egypt's annual urban consumer price inflation dipped to 15.7 percent in November from 17.7 percent in October, the…
Dollar slides as US jobs data dents Fed tightening outlook; yuan on back foot
The dollar slid almost half a percent against the euro and the yen on Monday after soft U.S. payrolls data fueled…
Gold steady near 5-month peak on easing rate hike view
Gold held steady near a five-month peak hit early on Monday, supported by a disappointing U.S. jobs report that…
Dollar slips after weak jobs report, set for biggest weekly drop in 2 months
The U.S. dollar fell after the weaker-than-expected monthly job report was released, suggesting the Federal Reserve…
Dow ups 600 points, biggest rally in 8 months, after Powell signals rates are near neutral
U.S. stocks ripped higher on Wednesday after Federal Reserve Chairman Jerome Powell said interest rates are close…
Gold rises as dollar sags on cautious Fed remarks
Gold firmed on Thursday as the dollar faltered following dovish comments from U.S. Federal Reserve Chair Jerome…
Gold little changed as Fed official’s remarks boost dollar
Gold were tepid on Wednesday pressured by a robust dollar after a senior U.S. Federal Reserve official reaffirmed…
Egypt’s plausible growth forecasts
Egypt's Finance Ministry is targeting a 6.5 percent growth rate for Egypt’s economy in the financial year…