Sydney Open Briefing: Monday, August 3, 2026
The Sydney session commences with a generally positive tone, reflected by the Risk Meter standing at +0.29. Early moves show NZDUSD up +0.29% and AUDUSD also gaining +0.29%. USDJPY advanced +0.18%, while USDCHF saw a -0.12% decline. EURUSD moved +0.12% higher, and USDCAD edged down -0.06%. Over the past 24 hours, JPY has been the strongest currency, up +1.28%, with CHF showing the most weakness, down -0.51%.
The first key data release for the session is China’s Caixin Manufacturing PMI at 01:45 UTC, a medium impact event for CNY. The consensus forecast is 51.4, following the previous reading of 51.7. Later in the European morning, Switzerland will release its Swiss CPI m/m at 06:30 UTC, with expectations for -0.1% after a prior 0.0%. The procure.ch Manufacturing PMI for Switzerland is also due at 07:30 UTC, with a consensus of 48.6 against a previous 54.3.
A series of Eurozone S&P Global Manufacturing PMI reports are scheduled. These include Spain at 07:15 UTC, Italy at 07:45 UTC, France at 07:50 UTC, and Germany at 07:55 UTC. The aggregate Eurozone S&P Global Manufacturing PMI is expected at 08:00 UTC, with a consensus of 52, matching the previous 52.
Traders will particularly monitor the Caixin Manufacturing PMI for early session direction.
| At a glance | |
|---|---|
| Biggest moves since the previous session | NZDUSD +0.29%, AUDUSD +0.29%, USDJPY +0.18% |
| Currency strength, 24h | JPY strongest at +1.28%, CHF weakest at -0.51% |
| Risk meter | +0.29 (risk-on) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 01:45 UTC | CNY | Caixin Manufacturing PMI | Medium | 51.4 |
| 06:30 UTC | CHF | Swiss CPI m/m | Medium | -0.1% |
| 07:15 UTC | EUR | Spain S&P Global Manufacturing PMI | Medium | 51.5 |
| 07:30 UTC | CHF | procure.ch Manufacturing PMI | Medium | 48.6 |
| 07:45 UTC | EUR | Italy S&P Global Manufacturing PMI | Medium | 53.1 |
| 07:50 UTC | EUR | France S&P Global Manufacturing PMI | Medium | 50 |
| 07:55 UTC | EUR | Germany S&P Global Manufacturing PMI | Medium | 52.2 |
| 08:00 UTC | EUR | S&P Global Manufacturing PMI | Medium | 52 |
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.