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 Fed rate cut expectations diminish Aya Anwar Apr 8, 2024 0 Traders' confidence in three quarter-point interest-rate cuts by the Federal Reserve this year is fading, with…
Featured Oil slips slightly on rising dollar Aya El Sayed Mar 20, 2024 0 Oil prices saw a slight decrease on Wednesday due to a stronger dollar reducing investor interest and traders…
Featured Egypt’s GASC gets offers in wheat bids for Sept. shipment – traders Amwal Al Ghad English Aug 6, 2020 0 Egypt's General Authority for Supply Commodities (GASC) on Wednesday received offers for wheat in an international…
World European markets to open seen mixed amid US-China trade talks nada nasser Apr 4, 2019 0 European markets are expected to open mixed on Thursday as traders monitor ongoing U.S.-China trade negotiations.
forex news Dollar eases as focus shifts to Fed meeting; yen and Aussie dollar gain Amwal Al Ghad English Jan 28, 2019 0 Dollar eased versus most of its peers on Monday as investors turned their attention to this week’s Federal Reserve…
Industry & Trade Egypt’s GASC to pay on-sight for wheat in international tenders Amwal Al Ghad English Jan 23, 2019 0 Egypt’s General Authority for Supply Commodities (GASC) will pay for wheat bought in upcoming international…
forex news Brent crude falls below $60 on weak China trade data Amwal Al Ghad English Jan 14, 2019 0 Brent crude oil prices fell below $60 per barrel on Monday after Chinese data showed weakening imports and exports…
World European markets close lower in shortened session; French CAC drops 1.5% Amwal Al Ghad English Dec 25, 2018 0 European markets closed lower Monday following a session of heavy selling stateside last week.
Egypt News Egypt’s GASC buys 350,000 tonnes of wheat Amwal Al Ghad English Dec 8, 2018 0 Egypt’s state grain buyer, the General Authority for Supply Commodities (GASC), has bought 350,000 tonnes of wheat…
forex news Dollar holds gains as fresh Trump comments rekindle trade worries Amwal Al Ghad English Nov 27, 2018 0 The dollar held gains on Tuesday as fresh concerns about the Sino-U.S. trade war bolstered support for safe haven…
forex news Oil rises after nearly 8% Black Friday plunge Amwal Al Ghad English Nov 26, 2018 0 Oil won back some ground after hefty losses on Friday, but remained under pressure with Brent crude below $60 per…
forex news Euro, pound firm after draft Brexit deal; yen strengthens Amwal Al Ghad English Nov 15, 2018 0 The dollar weakened on Thursday against the pound and euro, which rose after Britain's prime minister won cabinet…
forex news Dollar seesaws as investors assess risks of deadlock after midterms Amwal Al Ghad English Nov 7, 2018 0 The dollar seesawed versus the euro and yen in a volatile session as traders scanned U.S. midterm election results…
forex news Oil prices slip on Iran sanction exemptions, economic concerns Amwal Al Ghad English Nov 6, 2018 0 Oil prices slipped on Tuesday, weighed down by exemptions from Washington that will allow Iran's biggest oil…
forex news Euro, sterling gain on report that UK may drop key Brexit demand Amwal Al Ghad English Oct 20, 2018 0 The euro and British pound rallied against the U.S. dollar on Friday after Bloomberg News reported that British…
forex news Gold pulls back from 2-month highs as stocks rebound Amwal Al Ghad English Oct 13, 2018 0 Gold prices fell on Friday, retreating from more than two-month highs hit in the previous session, as global equity…
forex news Oil rises on tightening market, traders expect further increases nada nasser Sep 24, 2018 0 Oil prices rose on Monday as U.S. markets tightened just weeks ahead of Washington's plan to impose new sanctions…
Featured Egypt cancels 5 and 10-year treasury bond sales for the second time in a week Amwal Al Ghad English Sep 11, 2018 0 Central Bank of Egypt (CBE) data showed on Monday that five and ten-year treasury bond sales worth EGP 3.5 billion…
forex news Oil firm as Iran sanctions loom, US seeks to prevent supply shortfall Amwal Al Ghad English Sep 11, 2018 0 Oil was steady on Tuesday, supported by looming U.S. sanctions against Iran's petroleum industry.
World Markets in Europe set for a higher open as trade, tech and Brexit concerns ease Amwal Al Ghad English Sep 11, 2018 0 Markets in Europe are poised to start Tuesday's trading on a higher note, continuing the positive momentum seen in…
forex news Oil markets tread water ahead of renewed US sanctions against Iran Amwal Al Ghad English Aug 7, 2018 0 Oil markets started cautiously on Tuesday, as many traders in Asia were reluctant to take on new positions ahead of…
forex news Dollar rises vs yen after BOJ policy tweaks, then pares gains Amwal Al Ghad English Jul 31, 2018 0 U.S. dollar rose against the yen on Tuesday after the Bank of Japan made small tweaks to policy rather than more…
forex news Gold prices inch up from one-year low as Trump slams strong dollar Amwal Al Ghad English Jul 21, 2018 0 Gold prices rose on Friday from one-year lows hit the previous day and spot platinum increased more than 3 percent…
forex news Oil dips as markets eye potential supply increases Amwal Al Ghad English Jul 16, 2018 0 Oil fell on Monday as concerns about supply disruptions eased and Libyan ports resumed export activities, while…
forex news Oil prices rise on Libya worries, but OPEC supply rise drags Amwal Al Ghad English Jun 26, 2018 0 Oil prices inched up on Tuesday on uncertainty over Libyan oil exports, although plans by producer cartel OPEC to…
Arab Dubai markets fall over 1% by DSI, Saudi flat after recent gains Amwal Al Ghad English Jun 25, 2018 0 Dubai markets fell more than one percent in early trade on Monday, led by losses in contractor Drake & Scull,…
forex news Brent falls 2% as traders expect output rise after OPEC deal Amwal Al Ghad English Jun 25, 2018 0 Brent crude oil prices fell by more than 2 percent early on Monday as traders factored in an expected output…
forex news Euro prices gain on growth data, Italian assurances to stay put Amwal Al Ghad English Jun 23, 2018 0 Euro prices rose on Friday as traders were encouraged by improved regional economic growth data and new assurances…
World Stocks in Europe seen lower ahead of ECB meeting Amwal Al Ghad English Jun 14, 2018 0 Stocks in Europe are seen lower Thursday morning as traders watch developments from central banks across the world.
Egypt News Egypt to import rice after slashing its own cultivation: PM Ismail Amwal Al Ghad English Jun 7, 2018 0 Egypt will begin importing rice, a crop it has typically had in surplus, to increase stocks and control the market,…
EGX Egyptian bourse correction movement likely to end this week Amwal Al Ghad English May 27, 2018 0 Egyptian bourse is expected to end its correction during the last week of May on new market-boosting catalysts,…
World European markets close higher despite political uncertainty in Italy Amwal Al Ghad English May 26, 2018 0 European markets closed slightly higher on Friday amid continued uncertainty surrounding Italy's…
forex news Gold prices edge up, set for weekly gain as dollar weakens nada nasser May 12, 2018 0 Gold prices rose overall on Friday, headed for its first weekly gain in four weeks, as the dollar weakened and…
forex news Dollar prices fall, Swedish crown extends rally nada nasser May 12, 2018 0 Dollar prices fell for a third day on Friday against a basket of currencies as traders booked gains on its recent…
forex news Oil prices fall on surprise US inventory rise; China crude volatile Yomna Yasser Mar 28, 2018 0 Oil prices fell on Wednesday, with Brent falling back below $70 per barrel and U.S. West Texas Intermediate crudes…
forex news Dollar firm as market looks to Fed for rate hike outlook Yomna Yasser Mar 21, 2018 0 The dollar held firm against major currencies on Wednesday as traders look to whether the U.S. Federal Reserve…
forex news Dollar starts week little changed as market looks to Fed, political risks Yomna Yasser Mar 19, 2018 0 The dollar prices started the week little changed on Monday as traders set sights on new Federal Reserve Chair…
forex news Dollar poised for best week in 15 months amid market turmoil Yomna Yasser Feb 10, 2018 0 Dollar prices rose on Friday, putting it on track for its strongest week against a basket of currencies in nearly…
forex news Dollar holds gains after Fed, looks to data for more impetus Yomna Yasser Feb 1, 2018 0 The dollar kept modest gains against its peers on Thursday after the Federal Reserve signaled its confidence about…