THE EDGE INSIGHTS
Latest Economic Insights
Economic developments that matter to regional and global markets, analysed daily.
Fed Chair Warsh Says US Inflation Is Too High and Declines to Signal a July Rate Decision
Federal Reserve Chair Kevin Warsh said US inflation remains too high and declined to signal what the central bank will do at…
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Euro Area Inflation Eases to 2.8 Percent in June as Energy Costs Cool
Annual inflation in the euro area slowed to 2.8 percent in June, from 3.2 percent in May, according to Eurostat's flash estimate,…
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Egypt to Restore Its Automatic Fuel-Pricing Mechanism From the First Quarter of the Fiscal Year
Egypt will reactivate the automatic pricing mechanism for petroleum products starting in the first quarter of the current fiscal year, Prime Minister…
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Egypt Paid About US$16 Billion in External Debt Service in the First Half of Its Fiscal Year
Egypt paid roughly US$16 billion in interest and principal on its external debt during the first half of the 2025/26 fiscal year,…
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Market Wrap MENA-Asia 1 July: Dubai Leads the Gulf Higher as Japan and China Advance and Hong Kong Rests for a Holiday
Gulf markets started the second half of the year mostly higher, led by Dubai and Oman, while Egypt ended little changed and…
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China Factory Activity Edges Up in June as Official PMI Rises to 50.3
China's factory activity improved slightly in June, with the official manufacturing purchasing managers' index rising to 50.3 from 50.0 in May, pointing…
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Japan Business Confidence Hits an Eight Year High as Tankan Beats Expectations
Business confidence among Japan's largest manufacturers rose to an eight year high in the second quarter, according to the Bank of Japan's…
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Gold Suffers Worst Quarter Since 2013 as Hawkish Fed Repricing Hits Bullion
Gold ended the second quarter with its sharpest quarterly loss in 13 years, as a hawkish shift in US rate expectations outweighed…
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Egypt Standardises Government Procurement Documents to Support Local Industry and SMEs
Egypt's Ministry of Finance has completed standard documents for government procurement, including model contracts, tender documents and technical specifications, in a reform…
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Egypt Raises 80 Billion Yen in Its First Sustainability Samurai Bond in Japan
Egypt has issued 80 billion Japanese yen, about US$500 million, in sustainability Samurai bonds in Japan, supported by a partial credit guarantee…
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Bailey Says UK Inflation Could Reach 3.2 Percent Before Easing
Bank of England Governor Andrew Bailey said UK inflation could rise to about 3.2 percent before easing, underlining the difficult balance facing…
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UAE Central Bank Cuts Its 2026 Growth Forecast to 1.7 Percent on Temporary Regional Disruptions
The Central Bank of the UAE has sharply lowered its 2026 growth forecast, projecting real GDP to expand 1.7 percent this year,…
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ADNOC Distribution Nears a Roughly US$1 Billion Deal to Buy Shell’s South Africa Fuel Stations
ADNOC Distribution, the listed retail arm of Abu Dhabi National Oil Company, is nearing an agreement to buy Shell's network of fuel…
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Zain Wins a 25-Year License to Operate Syria’s Mobile Network With a US$747 Million Bid
Kuwait's Zain Group has been awarded a 25-year license to operate a mobile telecom network in Syria after winning a competitive government…
Read more →Market Wrap US-Europe 30 June: Wall Street Extends Gains and Europe Rises to Close the First Half
Wall Street extended its rally on the final session of the first half, led again by technology shares, while European markets also…
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Commodities Wrap 30 June: Silver Leads Metals Higher as WTI Slips Below US$70
Silver led a stronger session for metals on Tuesday, natural gas rebounded and crude oil eased, with US West Texas Intermediate settling…
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Central Banks Signal a Gradual Dollar Trim as Gold Becomes Strategic Reserve Insurance, OMFIF Survey Finds
Global reserve managers are not abandoning the US dollar, but they are increasingly questioning how much additional dollar exposure they want to…
Read more →Market Wrap MENA-Asia 30 June: Egypt Rebounds Above 50,000 as Gulf and Asia End Mixed
Egyptian stocks led a mixed regional session on Tuesday, with the EGX 30 rebounding back above the 50,000 level, while Gulf markets…
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Egypt Reaches IMF Staff-Level Agreement on Seventh Review, Opening Door to About US$1.6 Billion
Egypt has reached a staff-level agreement with the International Monetary Fund on the seventh review of its Extended Fund Facility arrangement and…
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Saudi Public Investment Fund Net Profit More Than Doubles to SAR 65.1 Billion in 2025
Saudi Arabia's Public Investment Fund recorded a sharp rebound in profitability in 2025, with net profit more than doubling and consolidated assets…
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UK Current Account Deficit Narrows in the First Quarter as Growth Picks Up to 0.6 Percent
The UK's external deficit narrowed sharply in the first quarter of 2026 as a jump in investment income outweighed a wider trade…
Read more →Tokyo Inflation Accelerates to 1.6 Percent in June, Keeping Pressure on the Bank of Japan
Consumer inflation in Tokyo picked up in June, the fastest pace in three months, reinforcing expectations that the Bank of Japan will…
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Lagarde Defends the ECB’s June Rate Hike and Signals a Measured, Meeting-by-Meeting Path
Opening the European Central Bank's annual forum in Sintra, President Christine Lagarde defended this month's interest rate increase as a data-driven move…
Read more →Commodities Wrap: Gold Falls Below US$4,050 as Oil Firms and Natural Gas Slides
Gold fell and natural gas dropped sharply on Monday while crude oil firmed, as an easing of risk aversion pulled safe-haven metals…
Read more →Most Read
- Europe Market Wrap 19 October: All Nine Indices Fall as France’s Fiscal Worries Spread
- Europe Market Wrap 9 October: All Nine Indices Rise as Basic Resources Jump 2.99 Percent
- US Market Wrap 12 October: The Dow Alone Rises 0.38 Percent as the Nasdaq 100 Falls 0.71 Percent
- Asia Market Wrap 7 October: All Eight Indices Fall as Seoul Drops 1.98 Percent
- Europe Market Wrap 16 October: All Nine Indices Rise to Cap the Stoxx 600’s Best Week Since June