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US labor market data will dominate the week, with Friday's payrolls report expected to show 100,000 jobs added in September. Micron, Nike and several Fed officials are also on the calendar.
Latin American equities were mixed, while currencies were flat to higher against the dollar as investors weighed hopes of diplomatic progress in US-Iran conflict, and looked ahead to inflation data later this week from Brazil and Mexico.
**Insight: Ceron is signaling that demand is not overheating, which matters because Brazil’s central bank has cited resilient services inflation, above-target inflation expectations, and activity above potential as upside risks to inflation. The comment leans dovish for rates at the margin, but market expectations rema
G rowth - XXX 2026 GDP growth forecast at 2.0% - XXX 2027 GDP growth from 1.7% to % Inflation: - Maintains 2026 inflation forecast at 5.3% - Maintains 2027 inflation forecast at 4.2% Rate Path: - XXX end-2026 Selic Target Rate Outlook from 14.00% (**Note: current level is 14.25%) - XXX end-2027 Selic Target Rate Outloo
**All times listed for economic events are denominated in Eastern Standard Time (Add 4 hours for GMT equivalent) ***As always times are subject to change*** **Economic data** - 01:00 (FI) Finland Jun Consumer Confidence: No est v -10.5 prior; Business Confidence: No est v 3 prior - 02:00 (SE) Sweden May Trade Balance (