New York Open Briefing: Monday, August 31, 2026 - ForexCracked
0.04 pip average spreads, measured over a full month of live data. Unrestricted EAs and a free MT5 virtual server.Open an accountOpen
Daily brief EUR HKD INR

New York Open Briefing: Monday, August 31, 2026

Published Aug 31, 12:30 UTC
Impact
3/ 10, low

New York traders begin the week with mixed equity performance from the Asian and European sessions. The JP225 gained 1.24%, while the DE40 saw a -0.26% move. US equity futures are showing modest gains, with USTEC up 0.36%, US500 up 0.16%, and US30 up 0.11%. Gold, XAUUSD, is trading higher by 0.74%. The overall risk sentiment is near neutral, with the risk meter at -0.04. The Japanese Yen has been the strongest currency over the past 24 hours, gaining 0.18%, while the Australian Dollar has been the weakest, down 0.12%.

Several economic data points have been released. India’s Fiscal Balance registered at -4.551T. In Hong Kong, the HKMA M3 Money Supply y/y came in at 5.5%, significantly above the consensus of 1.8%. However, Hong Kong’s Retail Sales y/y disappointed at 4.5%, below the 9.3% consensus. Spain’s Current Account showed a surplus of 2.41B, exceeding the 2.267B consensus. South Africa’s SARB Private Sector Credit y/y was 7.41%, above the 7.13% consensus, while SARB M3 Money Supply y/y was 8.57%, below the 9.48% consensus.

Looking ahead in the session, the MNI Chicago Business Barometer for the USD is scheduled for Monday at 13:45 UTC. Consensus expectations are for 58.9, an increase from the previous 57.6. Later, at Monday 23:50 UTC, Japan’s Capital Spending y/y will be released, with a consensus of 1% following a previous 0%.

Traders will likely focus on the MNI Chicago Business Barometer as the key data release for the New York session.

At a glance
Biggest moves since the previous sessionJP225 +1.24%, XAUUSD +0.74%, USTEC +0.36%
Currency strength, 24hJPY strongest at +0.18%, AUD weakest at -0.12%
Risk meter-0.04 (balanced)

Scheduled this session (High and Medium impact)

TimeCcyEventImpactConsensus
13:45 UTCUSDMNI Chicago Business BarometerHigh58.9
23:50 UTCJPYCapital Spending y/yMedium1%

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.

Market analysis, not financial advice. Tone scores describe news coverage, not trade recommendations. How our market news works.