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UK July unadjusted (NSA) core output PPI m/m 0.6%, prior 0.5%.

2026-08-19

UK July unadjusted (NSA) core output PPI m/m 0.6%, prior 0.5%.

Other News
2026-08-18

President Trump on Monday threatened to bomb Oman if Oman “blocks” a US-Iran peace deal. Oman, a US partner that has remained neutral in US‑Iran hostilities, controls waters that include parts of the Strait of Hormuz and has been targeted in Iranian

President Trump on Monday threatened to bomb Oman if Oman “blocks” a US-Iran peace deal. Oman, a US partner that has remained neutral in US‑Iran hostilities, controls waters that include parts of the Strait of Hormuz and has been targeted in Iranian attacks Tehran frames as retaliatory strikes. Analysts say a formal Iran‑Oman agreement could conflict with a core US demand — that Iran surrender control of the strait as a condition for ending the war — and could instead formalize and legitimize Iranian influence over transit. US anger at being excluded from any agreement is also cited as a driver of the threat. A key unresolved issue is whether Iran would be allowed to levy charges on vessels; international law generally bars transit fees in natural waterways that are not international waters, though states may charge for services such as insurance, environmental protection and port services. It is unclear whether talks would cover fees. Market implications include higher shipping insurance and oil-market risk premia and increased potential for US‑Iran naval confrontation in the Strait of Hormuz.
2026-08-18

Spot gold fell $20 in the short term, dropping more than 1% on the day and breaking below $4,370 per ounce.

Spot gold fell $20 in the short term, dropping more than 1% on the day and breaking below $4,370 per ounce.
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