New York Open Briefing: Monday, August 3, 2026
New York traders begin the week with a mixed global equity picture and a slightly risk-off tone, as the Risk Meter stands at -0.04. Asian markets saw the JP225 decline by -1.27% and the USTEC by -0.77%, while European indices like the DE40 gained +0.45%. The US30 is up +0.52%. In currencies, the Japanese Yen leads with +0.62% strength over 24 hours, while the Australian Dollar is the weakest, down -0.30%, with AUDUSD itself falling -0.35%.
Overnight, manufacturing PMI data showed varied results. South Africa’s Absa Manufacturing PMI came in at 46.8 against a consensus of 51.6, a significant surprise of -9.3%. In Europe, the UK’s S&P Global/CIPS Manufacturing PMI registered 51.9 versus a 52.8 consensus, while the Eurozone S&P Global Manufacturing PMI was 51.9 against 52. Germany’s PMI was in line at 52.2, but France’s was slightly below consensus at 49.8. Switzerland’s procure.ch Manufacturing PMI surprised positively at 50 compared to a 48.6 consensus.
The session ahead is dominated by key US manufacturing indicators. At 13:45 UTC, the S&P Global Manufacturing PMI (USD) is due, with a consensus of 54.5 following a previous 55.7. This is followed at 14:00 UTC by a series of ISM Manufacturing releases, including the high impact ISM Manufacturing PMI (USD), expected at 54.0 against a previous 53.3, and ISM Manufacturing Prices Paid (USD), with a consensus of 65.7 from a previous 73. Traders will also watch ISM Manufacturing Prices (USD) and ISM Manufacturing Employment (USD).
The ISM Manufacturing PMI (USD) at 14:00 UTC is the most anticipated data point for the New York session.
| At a glance | |
|---|---|
| Biggest moves since the previous session | JP225 -1.27%, USTEC -0.77%, US30 +0.52% |
| Currency strength, 24h | JPY strongest at +0.62%, AUD weakest at -0.30% |
| Risk meter | -0.04 (balanced) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 13:45 UTC | USD | S&P Global Manufacturing PMI | High | 54.5 |
| 14:00 UTC | USD | ISM Manufacturing Prices Paid | High | 65.7 |
| 14:00 UTC | USD | ISM Manufacturing PMI | High | 54.0 |
| 14:00 UTC | USD | ISM Manufacturing Prices | Medium | 70.0 |
| 14:00 UTC | USD | ISM Manufacturing Employment | Medium | 48.6 |
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.