Eurozone PPI rises 8.2% y/y in Sep
Eurozone producer prices rose 8.2% year over year in September, above the 7.9% estimate and 5.8% prior. Month over month, PPI increased 1.9%, matching expectations and up from 1.6%.
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Eurozone producer prices rose 8.2% year over year in September, above the 7.9% estimate and 5.8% prior. Month over month, PPI increased 1.9%, matching expectations and up from 1.6%.
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but