- Prior was -5.2% (revised to -5.0%)
- US Q4 unit labor costs +0.3% vs +1.5% expected
- Prior unit labor costs +9.6% (revised to +9.3%)
These numbers are very difficult to measure but there's some good news here.
These numbers are very difficult to measure but there's some good news here.
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Mideast conflict sparks risk-off sentiment. Oil nears $80, threatening high valuations & inflation.
Middle East conflict sparks air cargo rate hike fears; FedEx, Qatar Airways, Emirates halt flights. Capacity down 18%.
Oil prices jump to $90+ on Strait of Hormuz fears, but may settle if tensions ease. Risk of $100+ if closure persists.
OPEC+ boosts output 206K bpd amid Iran conflict. Strait of Hormuz risks may push Brent crude $20 higher.
Middle East conflict sparks oil surge, gold rally. Stocks face risk-off, watch defense & energy gains.
Brent crude jumps 10% to $80 on Iran tensions; Strait of Hormuz risk looms, potentially hitting $100.
UAE markets halt trading amid geopolitical risks. $1.1T cap faces potential demand shocks for property & tourism.