U.S. EconomySeptember 10 at 08:30 AM

US PPI (Aug YY) 5.4% vs. Exp. 5.3% (Prev. 4.8%)

StockNow breaking-news AI analysis

US August PPI rose 5.4% year-over-year, topping the 5.3% expectation amid energy price pressures, intensifying focus on the Fed's upcoming September interest rate decision.

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Today's market highlights

A selection of stories drawing attention in the market.

Commodities

Iran orders temporary suspension of 10% freight charge on foreign vessels carrying energy products to or from Iran, Fars reports

U.S. Economy

US PPI (Aug MM) 0.4% vs. Exp. 0.4% (Prev. 0.1%)

Geopolitics

Pakistan's Foreign Office spokesperson says the Makkah defence agreement is a defensive alliance focused on deterrence, with expansion not currently planned until its foundations are solidified, journalist Mallick reports