Sydney Open Briefing: Monday, August 31, 2026
The Sydney session opens with the US Dollar demonstrating strength, gaining 0.51% over the past 24 hours. The Swiss Franc and Euro were notably weaker, declining 0.22% and 0.17% respectively. Risk sentiment appears positive, with the risk meter registering +0.41. In early trading, USDCHF moved down 0.15%, AUDUSD declined 0.11%, and USDCAD advanced 0.05%.
Data from Japan has just been released, including Retail Sales m/m, with a consensus of -0.6% following a previous -4.1%. Also out were Large Retailer’s Sales y/y, consensus 1.4% after a previous -1%, and Industrial Production m/m, with a consensus of 1.1% against a previous 1.9%.
Looking ahead in the session, China’s Composite PMI is due at 01:00 UTC, with the previous reading at 49.3. Australia’s Company Gross Operating Profits q/q will follow at 01:30 UTC, with a consensus of -2.7% compared to the previous -1.3%. Later in the European session, Germany’s Prelim CPI m/m is scheduled, and India’s GDP y/y will be released during the London morning.
Traders will likely monitor the Australian Company Gross Operating Profits q/q for local market direction.
| At a glance | |
|---|---|
| Biggest moves since the previous session | USDCHF -0.15%, AUDUSD -0.11%, EURJPY -0.08% |
| Currency strength, 24h | USD strongest at +0.51%, NZD weakest at -0.23% |
| Risk meter | +0.41 (risk-on) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 23:50 UTC | JPY | Retail Sales m/m | High | -0.6% |
| 23:50 UTC | JPY | Large Retailer’s Sales y/y | Medium | 1.4% |
| 23:50 UTC | JPY | Industrial Production m/m | Medium | 1.1% |
| 01:00 UTC | CNY | Composite PMI | Medium | – |
| 01:30 UTC | AUD | Company Gross Operating Profits q/q | Medium | -2.7% |
| 06:29 UTC | EUR | German Prelim CPI m/m | Medium | 0.3% |
| 10:30 UTC | INR | GDP y/y | Medium | 6.6% |
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.