Gold prices in Egypt and the impact of global economic data – October 26, 2023

Gold prices in Egypt and the impact of global economic data – October 26, 2023

Written by Islam Saeed Thursday, October 26, 2023 07:00 AM We publish gold prices In Egypt, at the beginning of trading today, Thursday, October 26, 2023, a gram of 21 carat gold, which is the most traded in the Egyptian markets, recorded 2,600 pounds per gram, with continued fluctuation in the local price of gold. … Read more

US Treasury Announces Plans for Future Bond Issuance amid Interest Rate Concerns

US Treasury Announces Plans for Future Bond Issuance amid Interest Rate Concerns

“While these changes will make significant progress towards aligning the size of issuance with medium- and long-term borrowing needs, it is likely that further gradual increases will be required in the coming quarters,” the ministry said in a statement. US bonds are threatened with the approach of halting interest rate increases Part of that deterioration … Read more

US Factory Activity Contracts for Ninth Consecutive Month Amid Global Weak Demand and High Interest Rates

US Factory Activity Contracts for Ninth Consecutive Month Amid Global Weak Demand and High Interest Rates

Factory activity in the US contracted in July for the ninth month, reflecting tepid demand for US goods at home and abroad. The Institute for Supply Management’s index of factory activity rose to 46.4 last month, according to data released on Tuesday, down slightly from expectations. Readings below 50 indicate contraction. New orders and production … Read more