#OPINIONLEADER#
Morning market update 17 09 2021:
Last night we had the US Retail Sales (Aug) and Core Retail Sales (Aug) both coming in at much better than expected. Also the Philadelphia Fed Manufacturing Index (Sep) beat the 18.8 expectations coming in at 30.7 and the DXY pushing to nearly 93.00 as I write this summary. The Australian equity markets have opened lower and the AUDUSD sell trade remains open with a take profit at 0.7263 with risk off sentiment in play currently. Today there is GBP Retail and Sales data coming out at 14:00 GMT+8 and the EUR has CPI coming out at 17:00 GMT+8 both high impact news events and with the US quiet today on the economic news front focus will remain on how the risk sentiment is leading into this afternoon given the recent strength in the DXY.
- 00:07:51
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