New York Open Briefing: Tuesday, August 11, 2026

The New York session opens with a slightly risk-on tone, indicated by a +0.02 reading on the risk meter. Equity markets saw gains, with the JP225 up +0.44%, the DE40 up +0.16%, and the USTEC rising +0.12%. Gold, XAUUSD, is down -0.50%. Over the past 24 hours, the US Dollar and Canadian Dollar have shown strength, while the Japanese Yen and Swiss Franc have weakened. Retail positioning saw a notable shift on GBPJPY, with the book flipping from 53% long to 53% short, and a move of 8 points toward short on EURJPY. Retail books also show a 22-point disagreement on AUDUSD and a 20-point disagreement on EURJPY.

Earlier data releases included Mexico’s Industrial Production, which exceeded consensus with y/y at 1.7% against a 0.5% consensus and m/m at 0.2% against 0.1%. In Brazil, CPI figures for y/y came in at 4.44% versus a 4.89% consensus, and m/m at 0.07% versus 0.32%. South Africa’s Manufacturing Production y/y was reported at -1.7%, below the -1% consensus.

Looking ahead in the session, traders will monitor several US data points. Existing Home Sales m/m (USD) is scheduled for 14:00 UTC, with a consensus of -0.6%. The EIA Short-Term Energy Outlook (USD) is due at 16:00 UTC, followed by a 3-Year Note Auction (USD) at 17:00 UTC. Later, the BoJ L Money Stock y/y (JPY) and PBC New Loans (CNY) are on the calendar for the Asian session.

Attention remains on the upcoming Existing Home Sales m/m (USD) release for potential market reaction.

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.