Sydney Open Briefing: Tuesday, July 21, 2026
The Sydney trading session opens following a period of broad declines in global equity markets. The UK100 fell -1.05%, USTEC was down -0.88%, and the JP225 declined -0.78%. The AUD was the strongest currency over the past 24 hours, gaining +0.43%, while the CAD was the weakest, down -0.29%. The Risk Meter registered +0.07, indicating a slightly risk-on sentiment despite equity moves.
Recent data releases include the US 6-Month Bill Auction at 3.835% and the 3-Month Bill Auction at 3.73%. The US CB Leading Economic Index m/m came in at -0.2%, matching consensus expectations. France also saw its 12-Month BTF Auction (EUR) at 2.749%, 6-Month BTF Auction (EUR) at 2.554%, and 3-Month BTF Auction (EUR) at 2.437%.
Looking ahead, New Zealand’s CPI q/q (NZD, High) is scheduled for Monday 22:45 UTC, with consensus at 1.5% against a previous 0.9%. The CPI y/y (NZD, Medium) is also due at the same time, with consensus at 3.9% compared to a previous 3.1%. Later, the UK will release its Claimant Count Change (GBP, High), Employment Change 3-months (GBP, Medium), and Average Earnings Index 3m/y (GBP, Medium) at Tuesday 06:00 UTC.
Traders will be closely watching the upcoming New Zealand CPI data.
| At a glance | |
|---|---|
| Biggest moves since the previous session | UK100 -1.05%, USTEC -0.88%, JP225 -0.78% |
| Currency strength, 24h | AUD strongest at +0.43%, CAD weakest at -0.29% |
| Risk meter | +0.07 (mildly risk-on) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 22:45 UTC | NZD | New Zealand CPI q/q | High | 1.5% |
| 22:45 UTC | NZD | CPI y/y | Medium | 3.9% |
| 06:00 UTC | GBP | UK Claimant Count Change | High | 28.3K |
| 06:00 UTC | GBP | Employment Change 3-months | Medium | 38K |
| 06:00 UTC | GBP | UK Average Earnings Index 3m/y | Medium | 4.5% |
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.