Global EconomySeptember 7 at 03:00 AM

Austrian Wholesale Prices (Aug MM) 0.9% (Prev. 0.8%)

StockNow breaking-news AI analysis

Eurozone inflation reached near three-year highs in August 2026, driven by higher energy and food costs, as wholesale price indicators indicate continuing upstream cost pressures.

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Today's market highlights

A selection of stories drawing attention in the market.

Politics

Iranian Foreign Ministry spokespeson says the deal with Oman regarding the Strait of Hormuz will be registered soon. Hope parties will not prevent the implementation of the understanding. Qatar's delegation was present within Iran on Sunday.

Fed

Macquarie has brought forward its US Fed rate hike forecast to September from December and still anticipates another 25bps rate increase in Q1 2027

Geopolitics

Pakistan Foreign Office spokesperson says Pakistan categorically rejects India’s baseless assertions regarding the status of Jammu and Kashmir which are contrary to internationally recognized fact