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The only way is up for oil + US regulator proposes changes to retail trading — and draws the ire of Wall St
There’s a growing consensus that oil is only headed in one direction: Oil prices could rise beyond USD 150 a…
THIS MORNING: It’s ECB rate day + Madbouly drums up investment interest
It’s an eerily quiet news day, the likes of which we haven’t seen in what feels like many eons —…
THIS EVENING: Household electricity bills will be up as much as 20.8% by 1 July + Turkey-Russia talks on unlocking Ukrainian grain shipments end today on inconclusive note
It’s really almost-THURSDAY now, friends — the weekend is so close, we can almost smell it. This afternoon’s news flow…
Food-for-fertilizer swap with India?
Egypt is in talks to export fertilizer and other products to India in exchange for the 500ktons of Indian wheat…
US interest rates could be 100 bps higher by July
Two more 50-bps Fed rate hikes coming up? That’s what the newly-released minutes(pdf) from the Federal Reserve’s May meeting suggest.…
THIS MORNING: Shoukry + El Molla at Davos; MbS in Egypt next month
Good morning, wonderful people, and welcome to another very heavy news day in which business news again tops our tl;dr…
THIS MORNING: It’s interest rate day; US stocks have worst day since June 2020
Well, friends, we’ve made it through another workweek together. One long, hard push and the end of the workday will…
THIS EVENING: Egypt is getting a 61.5k-ton wheat shipment from India + El Said discusses sustainable development strategy for coming fiscal year
Hump day is holding on to its title as news dump day, ladies and gentlemen, bringing us a rather busy…
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