US Finalizing Next Ukraine Military Aid Package At $2.6 Billion

Trump: Hezbollah Agrees Shooting Will Stop & Israel Will Avert Attack On Beirut Update(1335ET): In a rare development, Iran itself is now issuing warnings for northern Israel. Tehran is saying that if Beirut comes under fresh Israeli attack, then new assaults on northern Israeli settlements will in turn be unleashed: Iran’s Khatam al-Anbiya Central Headquarters has warned residents of northern Israel to leave the area if Israel carries out threats to expand attacks on Beirut and its southern suburbs. But at the same time there are reports saying Hezbollah has indicated to...

Explosives Found Near Key Serbia-Hungary Pipeline Transporting Russian Gas Serbian President Aleksandar Vucic informed Hungarian Prime Minister Viktor Orban by phone on Sunday that explosives were discovered near a key pipeline carrying Russian gas from Serbia to Hungary. "Our units found high-powered explosives and detonators," Vucic wrote on Instagram after briefing Orban on the military and police investigations. via EPA During a site visit on Sunday, Vucic told journalists the explosives were located in the autonomous Vojvodina province in northern Serbia, near the Hungarian border. The device was reportedly found near the main...

Surging Services Costs Spark Unexpected Surge In US Producer Prices In January US Producer Prices came in hotter than expected in January, with the headline PPI rising 0.5% MoM (vs +0.3% exp), higher than the revised +0.4% MoM in December. This left Producer Prices up 2.9% YoY (hotter than expected but below December's +3.0%)... Source: Bloomberg Under the hood, we see a surge in Services costs (not tariff related) dominated the rise in PPI (while Energy saw deflation) Final demand services: The index for final demand services advanced 0.8% in January, the largest...