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The hype in the financial markets for lower interest rates is cooling (except in crypto)
Market hype over the Fed’s interest rate position is tempering: The meltup in the financial markets that accompanied statements made…
Greenback slips to three-month lows as market bets in Fed rate cuts
The USD is on track for its worst monthly performance in a year
MENA bond issuances tripled in value y-o-y in the first nine months of 2023
Market data logged USD 61.1 bn in the first nine months of 2023
US stocks have best week in almost a year on interest rate hopes
The S&P 500, Nasdaq 100 both saw their best weekly performances all year long
US Federal Reserve holds rates steady
Fed leaves rates at 5.25-5.5%, but hints at further rate hikes
Egypt, Israel relations at “boiling point” as tensions over Gaza war escalate
Western reaction to the conflict “incomprehensible,” Egypt says after delegates fail to agree on a joint statement
Optimism grows that the US may avoid a recession
Economists now put the likelihood of a recession at 48%
ADES shares soar 30% in market debut, bucking regional market trends
The USD 1.2 bn IPO saw 30% of the company sold to investors
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