Pantheon Macroeconomics sees MoM core PCE at 0.26% & the YoY increasing to 2.9% from 2.8%.

July PPI jumps 0.9% vs 0.5% forecast! Inflation surprise ahead of Powell's speech. Core PPI up 0.6%.

UK economy grew 0.3% Q2, beating forecasts. Lower mortgage rates below 5% boost sentiment, but growth remains moderate.

US producer prices surge 0.9% in July, beating forecasts. Services costs jump 1.1%, fueling inflation fears. Fed's rate cut path questioned.

US PPI jumps 0.9% in July, beating forecasts. Stocks dip, dollar weakens vs. yen. Fed likely to hold rates.

Cotton futures drop 15-20 pts as USDA rally fades. US dollar down, crude oil dips. Traders eye 60.98 cents/lb auction avg.

Dow dips on hot PPI inflation; Coherent plunges 10% on weak guidance. Traders eye Fed cuts amid rising costs.

Centrica bets £1.5bn on LNG terminal, expecting £100m annual earnings. UK gas reliance shifts to US.