US PPI Ex Food, Energy and Trade (Aug MM) 0.3% (Prev. 0.4%)

Newsquawk Staff · 10 Sept 2026, 12:50 UTC

What our morning note said

US Market Open, 10 Sept, 10:01 UTC · what it led with

US President Trump said he thinks war with Iran will end immediately after the election and will do much more than a nuclear deal.
US equity futures lack a clear direction as markets await US PPI.

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Headlines that moved markets

FX headlines from our feed, and what the market did next.

Iranian President Pezeshkian says the Supreme Leader has granted the government some authority on dialogue, ISNA reports.
EUR/USD+0.1%
ECB policymakers see a December rate hike followed by a pause; New ECB staff estimates show the rise in bond yields cutting growth by a cumulative 100bps and inflation by 90bps in 2027-28 vs the September baseline, according to reports, citing sources.
EUR/USD−0.1%
ECB President Lagarde (Q&A) says policymakers believe they are in a good position to wait for incoming information. The situation they are in could have warranted a hike.
EUR/USD+0.1%

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