New York Open Briefing: Monday, September 7, 2026
The New York session begins with the Japanese Yen showing broad strength, as USDJPY is down 0.87%, EURJPY is down 0.77%, and GBPJPY is down 0.72%. Equity markets have also seen declines, with the JP225 down 0.60% and the DE40 down 0.38%. The 24-hour currency strength metrics show JPY as the strongest performer at +0.89%, while the USD is down -0.21%. The overall risk meter currently stands at +0.11%.
Several economic data points have been released. China’s Foreign Exchange Reserves came in at 3.438T, slightly above the 3.435T consensus. In the Eurozone, Sentix Investor Confidence registered a significant positive surprise at 5.1, compared to a consensus of -4.8. Hong Kong’s Foreign Exchange Reserves were reported at 442.9B, below the 449.6B consensus. Switzerland’s Unemployment Rate n.s.a. and Unemployment Rate were both in line with expectations at 3% and 3.1% respectively. Swiss Foreign Currency Reserves were 770.073B.
Looking ahead, a series of Japanese economic indicators are scheduled for release later in the session at Mon 23:50 UTC. These include the high-impact GDP q/q, with a consensus of 0.3%, alongside Adjusted Current Account, Japan Prelim GDP q/q, Current Account n.s.a., Net Exports Contribution to GDP q/q, GDP y/y, and GDP Price Index y/y.
Traders will closely monitor the upcoming Japanese GDP figures for market direction into the Asian open.
| At a glance | |
|---|---|
| Biggest moves since the previous session | USDJPY -0.87%, EURJPY -0.77%, GBPJPY -0.72% |
| Currency strength, 24h | JPY strongest at +0.89%, NZD weakest at -0.29% |
| Risk meter | +0.11 (mildly risk-on) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 23:50 UTC | JPY | GDP q/q | High | 0.3% |
| 23:50 UTC | JPY | Adjusted Current Account | Medium | 2981.2B |
| 23:50 UTC | JPY | Japan Prelim GDP q/q | Medium | – |
| 23:50 UTC | JPY | Current Account n.s.a. | Medium | 1001.2B |
| 23:50 UTC | JPY | Net Exports Contribution to GDP q/q | Medium | 0.5% |
| 23:50 UTC | JPY | GDP y/y | Medium | 1.1% |
| 23:50 UTC | JPY | GDP Price Index y/y | Medium | 2.6% |
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.