Pre-Trading Thoughts

The Saudi Ministry of Finance deposited USD3 billion with the CBE and extended the term of another USD2.3 billion in previous deposits NFAs of the banking system increased by EGP15.7 billion (around USD1 billion) at the end of September 2021, to record EGP174.53 billion (USD11.12 billion) All eyes are on the Fed ahead of its two-day meeting, expected to announce the winding down of its USD120 bn a month asset purchase program Policymakers are considering extending the automatic pricing ...