US Import Prices MoM (Feb) M/M 1.3% vs. Exp. 0.5% (Prev. 0.2%, Low. 0.1%, High. 0.9%)
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US PRE-MARKET MOVERS: ARM, TERN, HOOD, KBH, ONON, RGR, GM, BRZE
Cintas (CTAS) Q4 26 (USD): EPS 1.24 (exp. 1.24), Revenue 2.84bln (exp. 2.82bln), raises FY26 adj. EPS view to 4.86-4.90 (exp. 4.87), revenue view 11.21-11.24bln (exp. 11.2bln).
US Import Prices MoM (Feb) M/M 1.3% vs. Exp. 0.5% (Prev. 0.2%, Low. 0.1%, High. 0.9%)
Eight companies are looking to sell bonds in the investment-grade primary market on Wednesday, according to a Bloomberg survey
UK PM Starmer says government to provide "appropriate support" for household bills after June
On the Newsquawk feed at , 20 minutes before this page.
Context
The US Import Prices for February have printed a significant 1.3% increase month-on-month, outpacing expectations of 0.5%. This larger-than-anticipated rise suggests upward pressure on inflation, which could have implications for future monetary policy decisions and the interest rate outlook. Given the surprise, it may exert upward pressure on the USD as traders reassess their inflation and rate expectations.
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