Yemeni army takes control of Zaqar Island in the international maritime trade waterway in the Red Sea, reports Al Alam citing sources

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US PPI (Aug YY) 5.4% vs. Exp. 5.3% (Prev. 4.8%)

US PPI Ex Food, Energy and Trade (Aug YY) 4.7% (Prev. 4.7%)

Yemeni army takes control of Zaqar Island in the international maritime trade waterway in the Red Sea, reports Al Alam citing sources

ECB Staff Projections: 2026 Headline HICP maintained at 3.0% but raises 2027 and 2028 HICP forecasts

ECB raises its rates by 25bps as expected; ECB reiterates it is not pre-committing to a particular rate path; says inflation is set to remain well above target for an extended period

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  • Yemeni army has taken control of two other cities in addition to the city of Al-Mokha.

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