In fact, we won’t gain any real traction from scheduled news items until the new Consumer Price Index (CPI) comes out next week, and Q3 earnings season doesn’t begin until early reporters like FedEx FDX release their numbers September 22 — a day after the Fed decides the new interest rate. FedEx Corporation (FDX): Free Stock Analysis Report Here in the U.S., with another +75 bps hike possible just a couple weeks away, we’re currently seeing a 20-year high in the U.S. dollar — quite the opposite direction China’s yuan finds itself today.