New York Open Briefing: Thursday, August 6, 2026

The New York session opens with a mixed tone across markets. The USTEC is down 0.43%, while USDCHF has gained 0.37%. Gold, XAUUSD, is lower by 0.22%. European and Asian equities also show slight declines, with the JP225 down 0.21% and the DE40 down 0.19%. The AUDUSD is also lower by 0.13%. The overall risk meter stands at -0.12, indicating a slight risk-off sentiment. Over the last 24 hours, CAD has been the strongest currency, up 0.48%, while JPY is the weakest, down 0.23%.

Economic data released includes US Initial Jobless Claims, which came in at 197K, below the consensus of 203K. In the Eurozone, Germany’s New Car Registrations y/y rose 1.2%, though m/m figures showed a -9.6% decline. Bond auctions saw Spain’s 10-Year Obligacion yield 3.542% and 5-Year Bonos yield 3.005%, while France’s 10-Year OAT yielded 3.86%.

Looking ahead, the Bank of Mexico Interest Rate Decision for MXN is scheduled for 19:00 UTC. Later, at 23:30 UTC, Japan’s Household Spending m/m will be released, with a consensus of 0.9% following a previous 3.7%. Retail positioning data shows shifts, with books disagreeing by 22 points on USDCAD. The crowd on NZDUSD flipped from 55% short to 61% long in 24 hours, and on GBPJPY from 55% long to 51% short. Gold, XAUUSD, saw a crowd shift of 10 points toward short over the last 24 hours.

Traders will likely focus on the upcoming Bank of Mexico Interest Rate Decision later today.

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.