IRAN: Ghalibaf-Lebanon Ceasefire & Release Of Assets Needed Before Talks Start

Apr-10 14:48

Speaker of the Iranian Parliament, Mohammad-Bagher Ghalibaf posts on X: "Two of the measures mutuall...

Historical bullets

BTP: Block trade

Mar-11 14:38

BTP Block trade, suggest seller:

  • IKM6 ~1.1k at 118.57.

MNI: US EIA: CRUDE OIL STOCKS EX SPR +3.82M TO 443.1M IN MAR 06 WK

Mar-11 14:30
  • US EIA: CRUDE OIL STOCKS EX SPR +3.82M TO 443.1M IN MAR 06 WK
  • US EIA: DISTILLATE STOCKS -1.35M TO 119.4M IN MAR 06 WK
  • US EIA: GASOLINE STOCKS -3.65M TO 249.5M IN MAR 06 WK
  • US EIA: CUSHING STOCKS +0.12M TO 26.6M BARRELS IN MAR 06 WK
  • US EIA: SPR +0M TO 415.4M BARRELS IN MAR 06 WK
  • US EIA: REFINERY UTILIZATION WEEK CHANGE +1.6% TO 90.8% IN MAR 06 WK

US DATA: Non-Housing Services Categories, Ex-Auto Goods Drive Core CPI Dip

Mar-11 14:29

As noted, the pullback in sequential core CPI in February was due almost entirely to softer core services pressures: they contributed 0.20pp to the overall 0.22% core CPI figure, vs 0.29pp in January (when core CPI printed 0.30%). See table in image for more detail.

  • In turn as implied by the fading of supercore it was primarily non-housing categories that retreated in February, with airfares showing the biggest sequential pullback (contributing 0.06pp less to total core CPI than it did in January).
  • And as implied by MNI's median core goods CPI metric pulling back in February, it was a broader mix of non-vehicle goods that offset a sequential pickup in vehicles' contributions.
  • "Other goods" saw a 0.04pp pullback in core CPI contribution in February, with vehicles dragging a little less than they did in January.
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