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Macro

Economic Calendar: Japan Trade, UK CPI, Fed Decision, Brazil Rate Call

Japan releases August trade and July core machinery orders at 07:50 Beijing time, followed by UK August CPI at 14:00 and euro-area July industrial output at 17:00. US August retail sales and import/export price indexes are due at 20:30. The Federal Reserve publishes its FOMC rate decision and economic projections, including the dot plot, at 02:00 the next day, with the Brazilian central bank’s rate decision at 05:30.

Original source

AI take

The Fed's decision and dot plot dominate a calendar that otherwise offers mostly second-tier data. Japan's trade and machinery orders matter for the yen and for the Bank of Japan's normalization path, while UK CPI will shape expectations for the Bank of England. Brazil's rate call adds an EM counterpoint to the Fed. The open question is whether the Fed's projections signal a slower easing path than markets have priced, which would ripple through the dollar, EM currencies and risk assets.

Generated by AI for reference only.

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