New York Open Briefing: Monday, July 20, 2026
The New York session opens with a generally positive tone across global equity markets. The JP225 closed up 0.85%, while European and US futures also showed gains, with the USTEC up 0.48% and the DE40 up 0.30%. This sentiment is reflected in the Risk Meter, which stands at +0.16. Gold, XAUUSD, is down 0.20%. The Australian Dollar is the strongest currency over the last 24 hours, up 0.39%, with the New Zealand Dollar also showing strength, up 0.21%.
Earlier, Eurozone construction data released stronger than anticipated. Construction Output year over year came in at 1.2%, exceeding the 0.7% consensus. Monthly output also surprised, reaching 0.4% against a consensus of -0.1%. Despite this, the Euro is currently among the weaker currencies over the last 24 hours, down 0.14%. Looking ahead in the New York session, the CB Leading Economic Index m/m for the US is scheduled for 14:00 UTC, with a consensus of -0.2% following a previous 0.1%.
Later in the Asian session, significant data for the New Zealand Dollar is due. New Zealand CPI q/q is expected at 1.5%, up from 0.9% previously, while CPI y/y is anticipated at 3.9%, compared to the prior 3.1%. These high-impact inflation figures will be released at Monday 22:45 UTC.
Traders will likely focus on the upcoming New Zealand CPI figures for potential market impact.
| At a glance | |
|---|---|
| Biggest moves since the previous session | JP225 +0.85%, USTEC +0.48%, DE40 +0.30% |
| Currency strength, 24h | AUD strongest at +0.39%, CAD weakest at -0.22% |
| Risk meter | +0.16 (mildly risk-on) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 14:00 UTC | USD | CB Leading Economic Index m/m | Medium | -0.2% |
| 22:45 UTC | NZD | New Zealand CPI q/q | High | 1.5% |
| 22:45 UTC | NZD | CPI y/y | Medium | 3.9% |
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.