US PPI YoY rises to 5.4%
US PPI YoY came in at 5.4% versus a 5.3% forecast and 4.7% prior, with the prior revised to 4.8%. The alert also says the rally in oil prices coincided with stocks and bonds lower.
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US PPI YoY came in at 5.4% versus a 5.3% forecast and 4.7% prior, with the prior revised to 4.8%. The alert also says the rally in oil prices coincided with stocks and bonds lower.
US PPI YoY rose to 5.4% (forecast 5.3%, prior 4.7%, revision 4.8%) at 8:30 ET. Iran ordered a temporary suspension of a 10% freight charge on foreign vessels carrying energy products to or from Iran at 06:56 ET, after oil prices surged.
Fars News says Iran ordered a temporary suspension of a 10% freight charge on foreign vessels carrying energy products to or from Iran.
Iran Orders Temporary Suspension Of 10% Freight Charge On Foreign Vessels Carrying Energy Products To Or From Iran - Fars News
Iran orders a temporary suspension of a 10% freight charge on foreign vessels carrying energy products to or from Iran, according to Fars News.