Egypt

The Egyptian pound continues to trade in a tight sideways band against the US dollar, with ongoing intervention by the Central Bank of Egypt (CBE) in the foreign exchange market limiting... 2011-08-03

The uptick in political risk in a number of MENA markets since the start of H2 has filtered through to higher spreads in select CDS markets, which we believe could widen even further... 2011-07-27

Political risks continue to play a major factor in the performance of North African equity markets, in our view, and will likely keep regional indices from outperforming over the medium... 2011-06-30

The Egyptian pound has posted slight gains against the dollar since mid-April, appreciating from EGP5.9665/US$ to EGP5.9365/US$ at the time of writing in mid-May. From a purely technical... 2011-05-11

Since our last monthly market strategy update, technical indicators have improved for many of our regional favourites, and themes such as political risk and monetary policy remain dominant... 2011-04-13

Our core views sees elevated volatility across Egyptian financial markets in the near term, and the FX market will be no exception. Having plunged through a key level of trendline support... 2011-02-17

Volatility will remain a key risk across asset classes in the Middle East and North Africa (MENA) region as uncertainty over political risk in Egypt continues in the early part of February.... 2011-01-31