London Open Briefing: Monday, September 14, 2026

The London session opens with a slightly risk-on tone, as indicated by the Risk Meter at +0.10. Equity markets in Europe saw gains, with the UK100 up +0.79% and the DE40 gaining +0.48%. In contrast, the USTEC moved lower by -0.41%. Currency movements reflect this mixed sentiment, with USDJPY rising +0.36% and NZDUSD declining -0.46%. Gold, XAUUSD, also saw a decrease of -0.33%.

The US Dollar is currently the strongest currency over the past 24 hours, up +0.36%, while the New Zealand Dollar is the weakest, down -0.26%. Retail books indicate significant disagreement in positioning, notably on GBPJPY by 30 points, AUDUSD by 24 points, EURGBP by 21 points, and USDCAD by 21 points.

Today’s data calendar begins with CPI y/y from India at 10:30 UTC, followed by the BCB Focus Market Report at 11:30 UTC. The main focus for the session will be a series of Canadian inflation figures at 12:30 UTC. These include Trimmed CPI y/y, with a consensus of 1.9% and a previous reading of 1.9%, alongside Canada CPI m/m, expected at -0.1% after a previous 0.5%. Also due are Median CPI y/y, consensus 2.0%, previous 2.0%, Common CPI y/y, consensus 2.7%, previous 2.7%, and Core CPI y/y, consensus 2.5%, previous 2.3%. Later, ECB President Lagarde Speaks at 15:15 UTC.

Traders will closely monitor the comprehensive Canadian CPI data release for potential market impact.

Scheduled this session (High and Medium impact)

Times are UTC. This brief describes measured market state and the published schedule. It is not financial advice and nothing in it is a trade recommendation.