Sydney Open Briefing: Thursday, September 10, 2026
Sydney traders begin their session following a period of risk-off sentiment, indicated by the Risk Meter at -0.35. This tone saw the NZDUSD decline by -0.38% and the USDCAD advance by +0.20%. European equities, the UK100 and DE40, also moved lower by -0.43% and -0.21% respectively, while the USTEC gained +0.31%. The JPY was the strongest currency over the last 24 hours, up +0.35%, with the NZD weakest, down -0.29%. The 10-Year Note Auction (USD) actual 4.834% was released prior to the open.
Looking ahead, the PBC New Loans (CNY, Medium) data is due at 01:00 UTC. The consensus forecast is -0.081T, compared to the previous -0.34T. Later in the European session, Germany’s CPI m/m (EUR, Medium) is expected at 0.2%, matching the previous figure, while CPI y/y (EUR, Medium) is also anticipated at 2.9%, unchanged from the prior release.
Crowd positioning data shows shifts over the last 24 hours. The book on XAUUSD moved 9pt toward long, while AUDUSD saw an 8pt shift toward short. GBPJPY also experienced an 8pt move toward short, and EURGBP’s book shifted 9pt toward long.
Traders will be watching the PBC New Loans (CNY, Medium) release for its impact on Asian markets.
| At a glance | |
|---|---|
| Biggest moves since the previous session | UK100 -0.43%, NZDUSD -0.38%, USTEC +0.31% |
| Currency strength, 24h | JPY strongest at +0.35%, NZD weakest at -0.29% |
| Risk meter | -0.35 (risk-off) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 01:00 UTC | CNY | PBC New Loans | Medium | -0.081T |
| 06:00 UTC | EUR | Germany CPI m/m | Medium | 0.2% |
| 06:00 UTC | EUR | Germany CPI y/y | Medium | 2.9% |
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.