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Global Economy

German PPI (Aug MM) 1.1% vs. Exp. 0.4% (Prev. 1.1%)

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German August PPI rose 1.1% month-over-month and 4.6% year-over-year, both exceeding market forecasts.

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Geopolitics

Source close to the Iranian negotiating team says Tehran has informed Washington, via intermediaries, of its conditions for reopening the Strait of Hormuz, with the minimum conditions based on the “Islamabad understanding”, according to Al-Akhbar

Geopolitics

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