ADNOC Reports 15 Vessel Attacks As Hormuz Risks Mount

Key Events This Week: CPI, PCE, ADP, Durable Goods And More With the Fed in their self-imposed blackout period, the economic data will get a chance to do the talking ahead of the March 18th FOMC meeting. Of particular note will be the inflation data, namely Wednesday’s CPI report for February and Friday’s core PCE reading for January, but there will also be some scattered labor market data to help put context around last Friday’s disappointing February employment report. Of course, all of that assumes that traders can be dragged...

Machete-Wielding Islamic Terrorist Killed By Cops After Deadly Berlin Pride Attack Update (1400ET): The machete-wielding Islamic extremist who drove into a crowd at Berlin’s Pride festival has been shot dead by police. Abdul Ballout, 21, crashed into partygoers near the Christopher Street Day Parade on Saturday night, killing one person and wounding 29 others. As The Telegraph reports, the German citizen, who had Lebanese roots and a previous conviction for terror offences, was the subject of a manhunt for more than 20 hours until officers tracked him down to a garden shed in...

US-backed Ukrainian drone attacks on Russia on Thursday killed at least four people, according to local authorities, including a three-year-old boy in the Voronezh Oblast. Voronezh Governor Alexander Gusev said 36 Ukrainian drones were shot down over the region and that the boy was killed when one crashed and caused a fire in his home. […]