Israeli Strikes Kill at Least 16 Across Southern Lebanon, Including Children

Core CPI Prints Cooler Than Expected Despite Biggest Jump In Energy Prices Since 2005 While PCE showed some signs of higher energy prices leaking into inflation prints, it was still February data. As we previewed, today's CPI data is for March and will bear the full brunt of the Iran War's impact on energy costs after Core CPI fell to its lowest in four years in February. The headline CPI soared 0.9% MoM (as expected) and while it was a big MoM jump, Consumer Prices rose 3.3% YoY (up from +2.4%...

Lavrov Warns Rubio: Get Diplomats & Americans Out Of Kiev Ahead Of 'Systematic Strikes' Russia has again warned Washington to evacuate embassy staff in Kiev as it prepares to launch "systematic strikes" against the Ukrainian capital, in apparent retribution for last week's deadly Ukrainian drone attack on a college dorm in Starobelsk, in Russian-controlled Luhansk Oblast. It is further and more broadly warning all foreign persons to exit the Ukrainian capital, which has already been getting pounded at various intervals, stretching back days. Russia's foreign ministry slammed the college dorm attack, which killed...

Oil Spikes As Trump Vows To Hit Iran "Extremely Hard Over Next 2-3 Weeks", Threatens To Send It "Back To The Stone Ages" Summary Trump declares 'core strategic objectives met', threatens 2-3 more weeks of bombing, no mention of ceasefire Iranian President Masoud Pezeshkian has released an open letter to the American people, questioning whether Washington is truly putting “America First” or merely acting as a “proxy for Israel” willing to fight “to the last American soldier.” Air defenses have been activated in Dubai, taking out 5 ballistic missiles and 35 drones launched from Iran Iran's...