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Global Economy

European Marginal Lending Rate 2.9% (Prev. 2.65%)

StockNow breaking-news AI analysis

The ECB tightened rates amid energy-driven August headline inflation of 3.3%, while core inflation slowed to 2.4%, keeping monetary policy within neutral territory.

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Today's market highlights

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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