What are the main events to look out for today? ...Middle East

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The market today will focus mostly on the US PPI figures even though we will also get the latest US NFIB report and hear from Fed Chair Powell. The US Core PPI Y/Y is expected at 2.4% vs. 2.4% prior, while the Core M/M measure is seen at 0.2% vs. 0.2% prior. US PPI 12:30 GMT (08:30 ET)The PPI measures changes in prices that manufacturers pay for goods during various stages of production. Higher prices might eventually be passed on to consumers. The producer price index has three different indexes for each stage of production: crude goods (crude oil, wheat, timber and so on), intermediate goods (auto parts, leather, flour and so on) and finished goods (gasoline, automobiles, apparel and so on

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