{"id":543384,"date":"2022-01-31T03:50:50","date_gmt":"2022-01-31T03:50:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/"},"modified":"2022-01-31T03:50:50","modified_gmt":"2022-01-31T03:50:50","slug":"this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/","title":{"rendered":"THIS MORNING: We\u2019re back in JPMorgan\u2019s EM bond index + on to the Afcon semi-finals"},"content":{"rendered":"<p><strong>Good morning, friends, and welcome to the very last day of January. <\/strong>The Colonel always told us that time accelerates as we get older, but really? The end of January? Already?<\/p>\n<p><strong>We\u2019re a little bit bleary-eyed this morning <\/strong>after trying to work (and study with the resident 14-year-old) while keeping tabs on <a href=\"https:\/\/www.atptour.com\/en\/news\/medvedev-nadal-australian-open-2022-final-sunday\">Rafael Nadal beating Daniil Medvedev<\/a> to bag a record 21st grand slam title with a come-from-behind victory in the Australian Open \u2014 and <a href=\"https:\/\/www.cbc.ca\/sports\/soccer\/canada-world-cup-qualifier-canada-us-recap-jan-30-1.6333138\">Canada cruise to a 2-0<\/a>victory over the United States in World Cup qualifying (uh, sorry, American friends \u2014 or not).<\/p>\n<p><strong>Oh, and the Pharaohs played last night. <\/strong>The national team managed to eek out a 2:1 victory in last night\u2019s Afcon quarter-final against Morocco, a match that was described as everything from \u201c<a href=\"https:\/\/www.france24.com\/en\/sport\/20220130-live-egypt-with-its-star-player-mo-salah-take-on-morocco-in-quarterfinals\">scrappy<\/a>\u201d to \u201c<a href=\"https:\/\/www.theguardian.com\/football\/2022\/jan\/30\/egypt-morocco-africa-cup-of-nations-quarter-final-match-report\">dismal<\/a>.\u201d The prognosis was less than hopeful after Morocco scored a penalty within the first seven minutes \u2014 but Mohamed Salah\u2019s second-half equalizer carried us into extra time, where a great run by the Liverpool star set Mahmoud Trezeguet up to clinch goal #2. What was a less than edifying spectacle from the football side of things was more than made up for by endless drama, with both sides racking up plenty of fouls. But hey, we\u2019re through \u2014 and will now face hosts Cameroon in Thursday\u2019s semi-final.<\/p>\n<p><strong>Thursday\u2019s kickoff:<\/strong> 7pm CLT.<\/p>\n<p><strong>PSA-<\/strong> <strong>We\u2019re looking at cold weather all week long: <\/strong>The <a href=\"https:\/\/www.facebook.com\/photo\/?fbid=300540868771154&set=a.289008423257732\">national weather service<\/a> is predicting another cold week ahead, with Cairo seeing highs between 15-18\u00b0C and overnight lows in the single digits all week long. Strong winds will make it feel colder still, it said.<\/p>\n<p><strong>WHAT\u2019S HAPPENING TODAY-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a><strong> We\u2019re officially back in JPMorgan\u2019s EM bond index today: <\/strong>Egypt is rejoining JPMorgan\u2019s Emerging Markets Bond Index (EMBI) today, Finance Minister Mohamed Maait told CNBC Arabia (<a href=\"https:\/\/bit.ly\/3ubEm1n\">watch, runtime: 5:26<\/a>), a move that could potentially bring bns of USD in new passive flows into EGP-denominated debt. Egyptian bonds will have an estimated weighting of 1.8% in the index, Maait said. Egypt will also become a constituent of JPMorgan\u2019s green bond index with a weighting of 1.2%, he said.<\/p>\n<p><strong>THE BIG STORY ABROAD-<\/strong><\/p>\n<p><strong>Russia\u2019s threatened invasion of Ukraine <\/strong>remains the focus of the international press this morning.<\/p>\n<p><strong>The UN Security Council will meet to discuss the crisis today<\/strong> \u2014 and the US is trying its best to pile on the pressure ahead of the talks, the <a href=\"https:\/\/apnews.com\/article\/russia-us-ukraine-nato-a7f028f3b7e97b791a03e2dd31da12c6\">Associated Press<\/a> reports. US lawmakers yesterday promised Moscow will face \u201cthe mother of all sanctions\u201d if it does invade its neighbor \u2014 and senators could pass legislation on the measures as soon as this week, according to <a href=\"https:\/\/www.reuters.com\/world\/us-senate-close-deal-legislation-sanction-russia-senators-2022-01-30\/\">Reuters<\/a> and the <a href=\"https:\/\/www.ft.com\/content\/83c195a4-d973-4e87-913b-05da93f2ce67\">Financial Times<\/a>.<\/p>\n<p><strong>Potentially<\/strong><strong> relevant to us here at home: <\/strong>The <a href=\"https:\/\/www.nytimes.com\/2022\/01\/29\/us\/politics\/russia-sanctions-economy.html\">New York Times<\/a> is warning that the sanctions could take a \u201cwide toll,\u201d noting that top US security officials have \u201cbeen talking with executives from some of Wall Street\u2019s largest banks, including Goldman Sachs, Citigroup, JPMorgan Chase and Bank of America, <strong>about the stability of the global financial system in the wake of potential sanctions<\/strong>.\u201d<\/p>\n<p><strong>Meanwhile, Ukrainian leaders remain unflappable <\/strong>in the face of Russian grandstanding, says the <a href=\"https:\/\/www.washingtonpost.com\/world\/2022\/01\/30\/ukraine-zelensky-russia-biden\/\">Washington Post<\/a>.<\/p>\n<p><strong>ALSO- Egypt gets plenty of mention in \u201c<\/strong><strong><a href=\"https:\/\/www.ft.com\/content\/71f715e9-d9ef-4641-8936-4ed5495e09be\">Does the EBRD still finance freedom?<\/a><\/strong><strong>\u201d <\/strong>in the Financial Times, which notes that we\u2019re one of the institution\u2019s most important markets. The EBRD does tons of good here, investing in people, small businesses and infrastructure, but the FT\u2019s Big Read for today suggests EBRD isn\u2019t doing enough to push us on democracy issues.<\/p>\n<p><strong>MORNING MUST READ- <\/strong><\/p>\n<p><strong>CEOs, CFOs and investor relations officers aren\u2019t wrong to feel that something is a bit off <\/strong><strong>in how ESG reporting is done today. <\/strong>At the center of the problem: So many would-be advisors are so hungry for a piece of a pie that could be worth bns of USD in fees globally that they\u2019re trying to wear multiple hats. They want to advise you on what you need to report on when it comes to environmental, social and governance (ESG) issues. Come up with and abatement programs that make your business look more sustainable. Implement that program with you. Help you report to the constituencies who need to hear from you. And then audit and certify your progress on your \u201cESG journey\u201d (depending on which of the 6.02x10^23 competing and confusing reporting standards you choose to follow).<\/p>\n<p><strong>In finance terms? <\/strong>It\u2019s like your external auditor coming in and wanting to get a mandate that sees them re-factor your operations. Set up your finance and accounting systems. Build your financial statements. Help you move all the numbers move in the right direction. Choose whether to go with EAS or IFRS (or whatever). Communicate about numbers with those who matter. Oh, and be paid to audit and certify how well you\u2019re doing in the process.<\/p>\n<p><strong>In other words: The folks who rate how we\u2019ll you\u2019re doing when it comes to ESG are also <\/strong><strong>trying to sell you on services that will help you improve that rating \u2014 and it\u2019s a conflict of interest<\/strong>. If you feel the burn (or care about doing better for both your people and our planet as you try to make a buck), <a href=\"https:\/\/www.wsj.com\/articles\/wall-streets-green-push-exposes-new-conflicts-of-interest-11643452202\">you\u2019ll want to read this story that got plenty of attention on the Wall Street Journal yesterday.<\/a><\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>MARKET WATCH-<\/strong><\/p>\n<p><strong>The US Federal Reserve could consider \u201csupersize\u201d interest rate increases of half a <\/strong><strong>percentage <\/strong><strong>point this year <\/strong><strong>if inflation continues to run high<\/strong>, a Fed official told the <a href=\"https:\/\/www.ft.com\/content\/5f6fae25-de70-4977-aeb7-271fa3af5bc3\">Financial Times<\/a>. Fed Atlanta head Raphael Bostic is calling for three quarter-point rate increases in 2022 \u2014 but said a more aggressive approach was also on the table if necessary. The Fed <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f444d6da-5980-4e52-8137-d4cf84f67e94\">last week indicated<\/a> that it will go ahead with its first rate hike in March.<\/p>\n<p><strong>Meanwhile in Europe: <\/strong>The Bank of England is set to announce further tightening for the second time in under two months in its meeting on Thursday, bringing its main rate up to 0.5% in a bid to curb inflation, which has reached a near-30-year high, <a href=\"https:\/\/www.reuters.com\/world\/uk\/bank-england-track-second-rate-rise-under-two-months-2022-01-24\/\">Reuters<\/a> reports. The European Central Bank, meanwhile, is continuing its asset purchases and will likely leave rates unchanged when it meets on the same day \u2014 marking a growing divergence among major economies in the transitory-vs-permanent debate raging over inflation, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-01-29\/europe-s-big-two-to-deepen-split-on-inflation-response-eco-week?sref=mmeFTDW1\">Bloomberg<\/a> notes.<\/p>\n<p><strong>Permanent inflation could mean lower returns on stocks and bonds in the foreseeable future<\/strong>, Nicolai Tangen, who runs Norway\u2019s sovereign wealth fund (the largest in the world), tells the <a href=\"https:\/\/www.ft.com\/content\/10fc6f3f-1f45-4cdd-a176-bb4a9d9afa0c\">Financial Times<\/a>.<\/p>\n<p><strong>CLOSER TO HOME- The Central Bank of Egypt will also hold its first policy meeting of 2022 on <\/strong><strong>Thursday<\/strong>, where it is widely expected to hold rates steady, according to our <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a4f0876c-b382-42d3-897f-9972a2721bed\">regular interest rate poll<\/a>. All analysts we surveyed expect Egypt to maintain the current rates for a while longer, as they anticipate our rates continuing to attract portfolio inflows even amid Fed tightening and global inflationary pressures. \u201cWe have inflation readings looking tame so far, and the outlook for 2022 looks well within the CBE target,\u201d Al Ahly Pharos\u2019 Israa Ahmed told us. \u201cThe CBE succeeded to withstand similar pressures back in 2H2018 without rushing into rate hikes,\u201d she added, noting that \u201craising interest rates is not a costfree decision. It has large implications particularly on the budget and public debt trajectory, let alone the private investment and the financial markets.\u201d<\/p>\n<p><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>January PMI figures <\/strong>for Egypt, Saudi Arabia, and the UAE are <a href=\"https:\/\/www.markiteconomics.com\/Public\/Release\/ReleaseDates\">due out on Thursday<\/a>.<\/p>\n<p><strong>The US Embassy in Cairo is now <\/strong><strong><a href=\"https:\/\/eg.usembassy.gov\/cultural-property-agreement-implementation-grant\/\">accepting applications<\/a><\/strong><strong> for Cultural Property Agreement <\/strong><strong>Implementation projects <\/strong>that would help Egypt protect its cultural property from looting, theft, and illicit trafficking. The <a href=\"https:\/\/eg.usembassy.gov\/wp-content\/uploads\/sites\/156\/CPAIG-2022-Announcment-RDL-edits.pdf\">guidelines<\/a> state that concept notes should be sent in by this Thursday, 3 February, while shortlisted applicants will need to submit full applications by 4 May. Each project will receive USD 50-100k, with around USD 500k earmarked for the entire program.<\/p>\n<p><strong>OPEC+ <\/strong><strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-01-26\/opec-delegates-expect-to-stick-to-plan-for-modest-output-hike?srnd=premium-middle-east&sref=mmeFTDW1\">will meet<\/a><\/strong><strong> this Wednesday, 2 February: The cartel is expected to agree to another <\/strong><strong>gradual oil production increase.<\/strong> Planned production increases by the cartel <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0c85b753-c915-4809-a035-491b881b9076\">have so far failed<\/a> to meet the recovery in demand as several member countries struggle to up their output. The tightening of the oil market has pushed prices to a seven-year high this month. <strong>Some analysts say Brent could breach the USD 100 \/ bbl mark this year<\/strong> unless supply is increased.<\/p>\n<p><strong>The Cairo International Book Fair<\/strong> continues today at the <strong>Egypt International Exhibition <\/strong><strong>Center<\/strong>. The event runs through to <strong>7 February<\/strong>.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n<p class='web-image'><img data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg?ssl=1\" alt='enterprise'><\/p>\n<p><strong>*** It\u2019s Blackboard day:<\/strong> We have our weekly look at the business of education in Egypt, from pre-K through the highest reaches of higher ed. Blackboard appears every Monday in Enterprise in the place of our traditional industry news roundups.<\/p>\n<p><strong>In today\u2019s issue:<\/strong> Education management companies \u2014 which either own and operate schools in their portfolio or operate schools owned by other investors \u2014 are currently booming in Egypt, leading education players tell us. Today, we outline Egypt\u2019s education management landscape and how these companies are growing in both scale and number.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, friends, and welcome to the very last day of January. The Colonel always told us that time accelerates as we get older, but really? The end of January? Already? We\u2019re a little bit bleary-eyed this morning after trying to work (and study with the resident 14-year-old) while keeping tabs on Rafael Nadal beating [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[271,72,7229,725,182,349,262,724,270,162,304,388,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543384","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-central-bank-of-egypt","tag-enterpriseam","tag-esg","tag-european-central-bank","tag-inflation","tag-interest-rates","tag-jpmorgan","tag-monetary-policy","tag-russia","tag-sports","tag-ukraine","tag-us-federal-reserve","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"ccbb677c-852e-4955-9ea6-439afff85e74","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[543382],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS MORNING: We\u2019re back in JPMorgan\u2019s EM bond index + on to the Afcon semi-finals - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: We\u2019re back in JPMorgan\u2019s EM bond index + on to the Afcon semi-finals\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends, and welcome to the very last day of January. The Colonel always told us that time accelerates as we get older, but really? The end of January? Already? We\u2019re a little bit bleary-eyed this morning after trying to work (and study with the resident 14-year-old) while keeping tabs on Rafael Nadal beating [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-31T03:50:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS MORNING: We\u2019re back in JPMorgan\u2019s EM bond index + on to the Afcon semi-finals\",\"datePublished\":\"2022-01-31T03:50:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/\"},\"wordCount\":1551,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg\",\"keywords\":[\"Central Bank of Egypt\",\"EnterpriseAM\",\"ESG\",\"European Central Bank\",\"inflation\",\"interest rates\",\"JPMorgan\",\"monetary policy\",\"Russia\",\"sports\",\"Ukraine\",\"US Federal Reserve\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/\",\"name\":\"THIS MORNING: We\u2019re back in JPMorgan\u2019s EM bond index + on to the Afcon semi-finals - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg\",\"datePublished\":\"2022-01-31T03:50:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#primaryimage\",\"url\":\"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg\",\"contentUrl\":\"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THIS MORNING: We\u2019re back in JPMorgan\u2019s EM bond index + on to the Afcon semi-finals\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"THIS MORNING: We\u2019re back in JPMorgan\u2019s EM bond index + on to the Afcon semi-finals - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/","og_locale":"en_US","og_type":"article","og_title":"THIS MORNING: We\u2019re back in JPMorgan\u2019s EM bond index + on to the Afcon semi-finals","og_description":"Good morning, friends, and welcome to the very last day of January. The Colonel always told us that time accelerates as we get older, but really? The end of January? Already? We\u2019re a little bit bleary-eyed this morning after trying to work (and study with the resident 14-year-old) while keeping tabs on Rafael Nadal beating [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-01-31T03:50:50+00:00","og_image":[{"url":"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS MORNING: We\u2019re back in JPMorgan\u2019s EM bond index + on to the Afcon semi-finals","datePublished":"2022-01-31T03:50:50+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/"},"wordCount":1551,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#primaryimage"},"thumbnailUrl":"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg","keywords":["Central Bank of Egypt","EnterpriseAM","ESG","European Central Bank","inflation","interest rates","JPMorgan","monetary policy","Russia","sports","Ukraine","US Federal Reserve","What We're Tracking Today"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/","name":"THIS MORNING: We\u2019re back in JPMorgan\u2019s EM bond index + on to the Afcon semi-finals - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#primaryimage"},"thumbnailUrl":"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg","datePublished":"2022-01-31T03:50:50+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#primaryimage","url":"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg","contentUrl":"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/31\/this-morning-were-back-in-jpmorgans-em-bond-index-on-to-the-afcon-semi-finals\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"THIS MORNING: We\u2019re back in JPMorgan\u2019s EM bond index + on to the Afcon semi-finals"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":568284,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/24\/what-were-tracking-on-24-december-2020\/","url_meta":{"origin":543384,"position":0},"title":"What we\u2019re tracking on 24 December 2020","author":"enterpriseam admin","date":"24 December 2020","format":false,"excerpt":"Good morning, everyone, and a very Merry Christmas to all those who are observing tomorrow. We made it through another week together \u2014 and have a pleasantly quiet issue for you this Christmas Eve morning.Last orders on the NYSE and Nasdaq will be at 1pm Eastern today while the closing\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559474,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/what-were-tracking-on-24-january-2021\/","url_meta":{"origin":543384,"position":1},"title":"What we\u2019re tracking on 24 January 2021","author":"enterpriseam admin","date":"24 January 2021","format":false,"excerpt":"Good morning, friends. The big news this morning: Egypt\u2019s covid-19 vaccination campaign kicks off today targeting the most at-risk frontline healthcare workers \u2014 and we\u2019ll know more about the plan for a wider rollout later in the day as Health Minister Hala Zayed holds a presser this morning. It\u2019s early\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567888,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/what-were-tracking-on-10-december-2020\/","url_meta":{"origin":543384,"position":2},"title":"What we\u2019re tracking on 10 December 2020","author":"enterpriseam admin","date":"10 December 2020","format":false,"excerpt":"Good morning, friends. We made it through another week together. There are just 21 days left in 2020, if you \u2014 like us \u2014 are keeping count. *** We\u2019re a bit late this morning because one of our cloud services is glitching this morning. We\u2019ve addressed most of the problem,\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568434,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/30\/what-were-tracking-on-30-december-2020\/","url_meta":{"origin":543384,"position":3},"title":"What we\u2019re tracking on 30 December 2020","author":"enterpriseam admin","date":"30 December 2020","format":false,"excerpt":"Well, friends \u2014 we made it through 2020 together. Most of us here haven\u2019t seen each other since early March, when we went fully WFH, and trust us: The honor of writing you all each morning is one of the things that has kept us going in this ridiculous year.Thank\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559048,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/06\/what-were-tracking-on-6-january-2021\/","url_meta":{"origin":543384,"position":4},"title":"What we\u2019re tracking on 6 January 2021","author":"enterpriseam admin","date":"6 January 2021","format":false,"excerpt":"Merry Christmas to everyone who will be celebrating today and tomorrow \u2014 we wish you a beautiful, relaxing day with family and friends. Banks and the EGX are closing their doors tomorrow in observance of the national holiday, the Central Bank of Egypt and EGX said. We\u2019re also off tomorrow\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568325,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/27\/what-were-tracking-on-26-december-2020\/","url_meta":{"origin":543384,"position":5},"title":"What we\u2019re tracking on 26 December 2020","author":"enterpriseam admin","date":"27 December 2020","format":false,"excerpt":"Good morning, friends, and welcome to the final week of 2020. We hope those of you who celebrate had a wonderful weekend with family and friends.The accelerating second wave of covid-19 dominates the news agenda here at home, overshadowing the Central Bank of Egypt\u2019s decision to leave interest rates on\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=543384"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543384\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/543382"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=543384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=543384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=543384"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=543384"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=543384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}