US PPI Ex Food, Energy and Trade YoY (Feb) Y/Y 3.5% vs. Exp. 3.3% (Prev. 3.4%)
The PPI ex food, energy, and trade increased to 3.5% year-over-year, slightly exceeding expectations of 3.3% and up from the previous 3.4%.
Israel is targeting civilian infrastructure in Iran in a "major escalation", Al Jazeera reports citing an informed Israeli source
Daily US Equity Opening News - NVDA CEO says received orders from China for H200 processors; LULU soft guidance; M earnings beat
US PPI Ex Food, Energy and Trade YoY (Feb) Y/Y 3.5% vs. Exp. 3.3% (Prev. 3.4%)
Iranian State TV suggest phases 3, 4, 5, 6 of South Pars gas field were hit
US PRE-MARKET MOVERS: NVDA, GIS, LULU, M, RKLB, CF, XYZ
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This might indicate persistent inflation pressures, suggesting the Fed could maintain a tighter monetary policy stance. Traders should watch for potential impacts on the dollar and market sentiment as this data feeds into the broader growth and inflation narrative.
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