Pre-Trading Thoughts

*Key news articles for today* The IMF raised Egypt’s economic growth to 3.8% YoY this fiscal year, up 0.2pps from its January forecast. Its projection for the coming fiscal year was also up, likewise coming in 0.2pps higher from its previous projection to 4.3% YoY. The IMF also sees inflation continuing to dip this fiscal year to a monthly average of 19.7% YoY. The IMF forecasts global growth to log 2.8% in 2025, down 0.5 percentage point from previous estimates. Growth is expec...