New York Open Briefing: Tuesday, September 1, 2026

The New York session opens with a cautious tone, following declines across Asian and European equity markets. Japan’s Nikkei 225 fell -1.92%, while Germany’s DAX 40 is down -0.85%. US equity futures also point lower, with the USTEC down -1.05% and the US500 down -0.58%. Gold, XAUUSD, also saw a notable drop of -1.49%. In currency markets, the USD has shown strength, up +0.15% over the last 24 hours, while JPY is weaker, down -0.15%.

Earlier, France reported mixed new car registration figures, with an annual increase of 7.4% but a monthly decline of -25.6%. Indian economic data showed a Goods Trade Balance of -86.1B, slightly better than consensus. However, Reserves Change came in at -8.1B, significantly below expectations, and the Current Account to GDP Ratio was -0.5%, missing the 0.1% consensus, indicating potential INR weakness.

Attention now shifts to the United States, with several key releases scheduled. At 13:45 UTC, the S&P Global Manufacturing PMI is due, with consensus at 55.5. This is followed at 14:00 UTC by the high-impact ISM Manufacturing PMI, expected at 55.2, and ISM Manufacturing Prices Paid, with a consensus of 63.5. Fed Vice Chair for Supervision Barr is also scheduled to speak at 13:05 UTC. Looking ahead to Wednesday, Australia’s GDP q/q will be a focus for AUD traders, with consensus at 0.3%.

Traders will closely monitor the upcoming US manufacturing data for direction.

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.