Labor Day Gasoline Hits a Record on Hormuz Risk
Chicago Tribune records a holiday pump high while the New York exchange that would reprice it is closed.
Economy
The Wind Moratorium Is the Industrial Story
Clean Energy Wire files what an AfD state win means for Germany's energy transition. A program is not a cabinet. Print the moratorium claim. Do not appoint a minister.
Nikkei and Kospi Price Friday's Payrolls
The Business Times files Nikkei and Kospi rallying on Friday's 162,000 payrolls. U.S. exchanges are closed. A holiday is not a new jobs print.
Brent Holds the Nineties on a Holiday
ET Now files Brent around 96 as U.S. markets sit closed. Print the nineties. Do not print a break above 100.
Banks Shut; the Pumps Do Not
CBS files Labor Day store hours. Banks are closed. Gasoline at a record still sells. Print the holiday hours. Do not print a $100 oil close.
October's Freeze Has No Monday Addendum
OPEC kept October output unchanged on Sunday. Monday has no new quota sheet. Brent in the nineties is not a Vienna vote.
Markets Price an ECB Hike They Cannot Trade
The ECB calendar still lists Thursday's rate decision. U.S. exchanges are closed for Labor Day. A priced hike is not a vote.
Ankara Raises the Year-End Inflation Forecast
Turkish Minute files Ankara raising the year-end inflation forecast to 28.4 percent from 16. A forecast is not a CPI print. Print 28.4.
Singapore Retail Sales Moderate to 1.5 Percent
The Business Times files July retail sales up 1.5 percent, under forecast. Moderation is a rate of change, not a collapse. Print 1.5.