· Thursday
Daily briefs generated by sembr, the open-source semantic intelligence engine · every item links to its sources
Hot September CPI revives the October hike debate on the eve of Warsh's pre-blackout remarks
September CPI beat on both headline and core with unusually broad breadth, lifting market-implied odds of a 25bp October hike from roughly a fifth to as high as a coin flip intraday before they settled near a third, while the officials who spoke refused to convert the print into a policy commitment — leaving Chair Warsh's final pre-blackout appearance as the decisive official input .
Container ship sinks in Hormuz as 26 vessels are struck this month and Brent slips to $104
The attack campaign destroyed hulls this week — the Singapore-flagged container ship GFS Pride sank in the Strait of Hormuz and a second vessel, the Cape Dao, was reported sinking, with 26 vessels struck this month in the war's most dangerous period for shipping — yet oil fell Thursday as traders weighed recovering Gulf supply against shipping risk, with Brent December futures down 1.66% to $104.31 and WTI November down 1.09% to $94.05 .