Forex news from the European trading session – 13 September 2021
Headlines:
Markets:
– USD leads, CHF lags on the day
– European equities higher; S&P 500 futures up 0.5%

Is the market headed for a sharp retracement by year-end?
That seems to be the line of thinking among the big houses (↑) as of late at least.
The frothy levels in equities were highlighted in the risk considerations (second bullet point) last week (↓), and that seems to be one of the main reasons that perhaps

Dollar holds a slight edge as well on the day
Equities sentiment is looking firmer to start the new week, as the market mood looks to rebound from the losses sustained last week.

Just a bit of a heads up as to what else is to come later in the week
US CPI (tomorrow) and retail sales (Thursday) releases are the two key risk events to watch out for but just be mindful that we could get more volatility in futures/options/stocks on Friday as it will be ‚quadruple witching‘

Remarks by ECB executive board member, Isabel Schnabel
– Inflation likely to ease noticeably next year
– If we adjust for base effects, inflation today remains too lower rather than too high
To sum up, ECB policymakers are still maintaining their view that inflation is very much ‚transitory‘, although the language and general undertone is seemingly less confident

Greg’s heartfelt piece is here: 
My thoughts and remembrances of people and events that shaped my life and others on 9-11
20 years on. The buildings have been replaced, but the lives lost never will be. 

A few items over the weekend for oil & energy traders to take note of. 
Reuters on German Chancellor Angela Merkel, tried to soothe fears over the Nord Stream 2 gas pipeline on Saturday:

China’s crackdown on the tech industry continues, China’s industry ministry with new directives for the sector. 
Reuters conveying the information from Chinese media on Satuday, the 21st Century Business Herald.

20 years ago suddenly things changed
The date of September 11, 2001 came about one month after I had moved from the New York/ New Jersey area to my present home in Arizona. If my family had not moved, I would’ve been in downtown Manhattan either in an office on Wall Street or another office just

The stocks close at session lows
The major stock indices are closing lower for the day. The Dow and S&P fell for the fifth consecutive day. That is the longest losing streak since February.