Morning market update 13 09 2021:
Today is a quiet day for economic news with a focus on risk sentiment this session given the sell off seen last week in equity markets. So far today there’s been a small rally in the AUDUSD and it will be Tuesday night’s CPI data out of the US as the big catalyst this week. With Core CPI (MoM) (Aug) 0.3% expected and CPI (MoM) (Aug) with 0.4% expected, if these exceed expectations a risk off sentiment theme in markets will likely be seen with DXY strength. No open positions currently with waiting until these CPI figures come up and observing how markets react.
- 00:05:14
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