Sydney Open Briefing: Tuesday, August 11, 2026
Good morning, Sydney. The session opens with XAUUSD up 1.42% and the JPY notably weaker, down 0.87% over the last 24 hours. This has contributed to moves such as GBPJPY up 0.37%, USDJPY up 0.27%, and EURJPY up 0.21%. Equity markets saw the JP225 down 0.54% and the DE40 down 0.21%. The US CB Employment Trends Index came in stronger than expected at 107.71 versus a consensus of 106.34, supporting the USD, which is up 0.24%.
Overnight, beyond the US employment data, France conducted its 12-Month BTF Auction, yielding 2.752%. The 6-Month auction yielded 2.579%, and the 3-Month auction yielded 2.448%. The Risk Meter currently stands at +0.12, indicating a slight risk-on sentiment.
Looking ahead, the primary focus for the session will be on Australian monetary policy. The RBA Monetary Policy Statement, RBA Rate Statement, and RBA Interest Rate Decision are all scheduled for 04:30 UTC. The consensus for the interest rate decision is 4.35%, matching the previous rate. The RBA Press Conference will follow at 05:30 UTC. Earlier in the session, at 01:00 UTC, China’s PBC New Loans are due, with a consensus of 0.591T after a previous reading of 1.61T.
Traders will closely monitor the upcoming RBA Interest Rate Decision and associated statements for direction.
| At a glance | |
|---|---|
| Biggest moves since the previous session | XAUUSD +1.42%, JP225 -0.54%, GBPJPY +0.37% |
| Currency strength, 24h | GBP strongest at +0.36%, JPY weakest at -0.87% |
| Risk meter | +0.12 (mildly risk-on) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 01:00 UTC | CNY | PBC New Loans | Medium | 0.591T |
| 04:30 UTC | AUD | RBA Monetary Policy Statement | High | – |
| 04:30 UTC | AUD | RBA Rate Statement | High | – |
| 04:30 UTC | AUD | RBA Interest Rate Decision | High | 4.35% |
| 05:30 UTC | AUD | RBA Press Conference | High | – |
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.