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PoliticsIMPORTANT

US PPI PCE Components (March 2026):

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Portfolio Management PPI: 0.99% (prev. 0.96%) Air Passenger Transport PPI: 4.06% (prev. 0.84%) Physician Care: 0.24% (prev. 0.00%) Home Health & Hospice Care: 0.23% (prev. 0.13%) Hospital Outpatient Care: 0.39% (prev. 0.28%) Hospital Inpatient Care: 0.06% (prev. 0.57%) Nursing Home Care: 0.19% (prev. 0.30%)

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U.S. Markets

Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLYGeopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday