Forex news from the European trading session – 16 September 2021
Headlines:
Markets:
– NZD leads, CHF lags on the day
– European equities higher; S&P 500 futures down 0.1%

Estimates suggest a 0.7% m/m decline in retail sales for August
The drop on the month will owe much to a plunge in auto sales, so look towards that for any „spin“ on the report later today if the market is to go with the narrative that the economy is still holding up ahead of next

A look at what is on the board for today
Just a couple to take note of on the day, as highlighted in .
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That said, they aren’t anything too significant but we’ll see how price action responds to the US retail sales data later today.

German conservatives trail further in the latest Kantar poll
Support for the SPD is seen at 26% (+1) while the conservatives i.e. CDU/CSU is seen at 20% (-1) in the latest poll by Kantar for Focus magazine.

Goldman Sachs‘ take on the BOE
Adding that they see the central bank hiking rates to 1% by Q4 2023, which makes the whole ordeal more of a gradual tightening.