U.S. EconomySeptember 10 at 08:30 AM

US Core PPI (Aug YY) 4.6% vs. Exp. 4.6% (Prev. 4.3%)

StockNow breaking-news AI analysis

August US Core PPI reached 4.6% YoY as expected, highlighting ongoing inflation pressures alongside elevated oil prices ahead of the upcoming Federal Reserve 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