New York Open Briefing: Wednesday, July 15, 2026
The New York session opens with a generally subdued tone across equity markets, as the JP225 declined -0.49%, the USTEC fell -0.37%, and the DE40 was down -0.28%. In currency markets, EURGBP moved -0.28% lower, USDCHF gained +0.26%, and EURUSD decreased -0.24%. The overall risk meter currently stands at +0.33, indicating a slight risk-on sentiment. Over the past 24 hours, the AUD has shown strength at +0.47%, followed by the NZD at +0.16% and CAD at +0.16%, while the JPY has been the weakest at -0.31%.
Recent data releases include Brazil’s Services Volume, with the y/y figure at 0.4% against a consensus of 1.9%, a surprise of -78.9%. The m/m figure was -0.4% compared to a 0.5% consensus, a -180.0% surprise. In Europe, Germany’s 30-Year Bond Auction yielded 3.64%, and Official Reserve Assets for the Eurozone were reported at 1755.45B. Eurozone Industrial Production y/y came in at -1.2% versus a 0.5% consensus, a -340.0% surprise, and m/m was -0.2% against a -0.1% consensus, a -100.0% surprise. Regarding positioning shifts, the crowd book on AUDUSD moved 8 points toward short in 24 hours, while on NZDUSD it shifted 8 points toward long. The crowd book on EURUSD also moved 9 points toward long, and retail books disagree by 21 points on USDCAD.
Looking ahead, a busy schedule awaits traders. Canada’s central bank is in focus with the BOC Monetary Policy Report, BOC Rate Statement, and the Overnight Rate decision, where the consensus is 2.25%, matching the previous 2.25%. These are all due at 13:45 UTC. Shortly after, Fed Chairman Warsh Testifies at 14:00 UTC. Energy market participants will monitor the EIA Crude Oil Stocks Change, with a consensus of 1.001M against a previous 2.998M, and EIA Cushing Crude Oil Stocks Change, with a consensus of 0.557M against a previous -0.052M, both at 14:30 UTC. The BOC Press Conference follows at 14:45 UTC, and Fed Governor Cook Speech is scheduled for 17:00 UTC.
Traders will closely monitor the BOC Rate Statement and Fed Chairman Warsh Testifies for potential market direction.
| At a glance | |
|—|—|
| Biggest moves since the previous session | JP225 -0.49%, USTEC -0.37%, DE40 -0.28% |
| Currency strength, 24h | AUD strongest at +0.47%, JPY weakest at -0.31% |
| Risk meter | +0.33 (risk-on) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|—|—|—|—|—|
| 13:45 UTC | CAD | BOC Monetary Policy Report | High | – |
| 13:45 UTC | CAD | BOC Rate Statement | High | – |
| 13:45 UTC | CAD | Overnight Rate | High | 2.25% |
| 14:00 UTC | USD | Fed Chairman Warsh Testifies | High | – |
| 14:30 UTC | USD | EIA Crude Oil Stocks Change | High | 1.001M |
| 14:30 UTC | USD | EIA Cushing Crude Oil Stocks Change | Medium | 0.557M |
| 14:45 UTC | CAD | BOC Press Conference | High | – |
| 17:00 UTC | USD | Fed Governor Cook Speech | Medium | – |
*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.*