Central Bank Watch
Egyptian Interest Rate Cut
October 2, 2025
The Central Bank of Egypt‘s overnight deposit rate underwent its fourth cut since April. Analysts were anticipating a reduction of 100 basis points or perhaps as much as the April and August cuts of 200 bps. Monetary officials went with 100 basis points. The six percentage point cumulative drop so far to 21.0% has been […] More
New Overnight Developments Abroad - Daily Update
Thursday Recap
October 2, 2025
This second day of the U.S. Federal government shutdown has been uneventful in world financial markets. Some two hours before the close of the U.S. stock exchange, major indices are flat to marginally firmer, which is still a smaller improvement than experienced in some foreign stock markets such as South Korea (2.7%), Singapore (1.7%), Australia […] More
