Sydney Open Briefing: Friday, September 11, 2026
The Sydney session opens on Friday, September 11, 2026, with a backdrop of broad USD strength, up +0.44% over the last 24 hours. Major indices saw declines, with the JP225 down -0.41%, US30 -0.38%, and DE40 -0.25%. Gold, XAUUSD, also moved lower by -0.59%. The New Zealand Dollar and Australian Dollar were the weakest currencies, down -0.36% and -0.52% respectively, while NZDUSD declined -0.17%.
Recent US data included the 30-Year Bond Auction, which printed at 5.308%. Energy sector figures from the EIA showed notable deviations from consensus, with Heating Oil Stocks Change at 0.01M against a 0.258M consensus, and Crude Oil Stocks Change at -0.391M versus a 7.559M consensus. EIA Crude Oil Imports Change registered 1.12M, significantly above the -0.049M consensus. The EIA Cushing Crude Oil Stocks Change was -0.684M against a 0.823M consensus, and the Refinery Utilization Rate Change was -0.2%.
On the sentiment front, the European Central Bank presser scored +0.75, indicating a hawkish tone, with the ECB statement also showing changes from its previous version. Retail positioning on NZDUSD shows a 22-point disagreement across books. Ahead in the session, traders will monitor the BSI Large Manufacturing data for JPY at 23:50 UTC, with a consensus of 2, and PBC New Loans for CNY at 01:00 UTC, with a consensus of -0.081T.
The most significant item ahead for the day will be the UK’s GDP m/m release at 06:00 UTC.
| At a glance | |
|---|---|
| Biggest moves since the previous session | XAUUSD -0.59%, JP225 -0.41%, US30 -0.38% |
| Currency strength, 24h | USD strongest at +0.44%, AUD weakest at -0.52% |
| Risk meter | +0.14 (mildly risk-on) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 23:50 UTC | JPY | BSI Large Manufacturing | Medium | 2 |
| 01:00 UTC | CNY | PBC New Loans | Medium | -0.081T |
| 06:00 UTC | GBP | UK GDP m/m | High | 0% |
| 06:00 UTC | GBP | Trade Balance Non-EU | Medium | -4.324B |
| 06:00 UTC | GBP | Manufacturing Production m/m | Medium | -0.2% |
| 06:00 UTC | GBP | Trade Balance | Medium | -22.037B |
| 06:00 UTC | GBP | Industrial Production m/m | Medium | -0.1% |
| 06:00 UTC | GBP | GDP 3m/3m | 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.