Sydney Open Briefing: Tuesday, July 28, 2026
Sydney traders begin the session following a risk-off tone from overnight markets. US equities closed lower, with the US500 down -0.78%, the US30 down -0.57%, and the USTEC falling -1.58%. The JP225 also declined by -1.68%. The risk meter registered -0.09, indicating a slight shift towards risk aversion. In currency moves, USDCHF gained +0.33% while NZDUSD fell -0.27%. The Australian Dollar was among the stronger currencies over the past 24 hours, up +0.22%.
Recent data releases showed mixed signals. In the US, the Dallas Fed Manufacturing Index came in at 1.3, below the 3.5 consensus. However, Nondefense Capital Goods Shipments excluding Aircraft month over month significantly beat expectations, rising 1.9% against a 0.2% consensus. South Korean Consumer Confidence surprised positively at 106.8, exceeding the 99.2 consensus. France also held BTF auctions, with the 12-Month yield at 2.753%.
Looking ahead, France Jobseekers Total figures were due at 22:00 UTC, with a consensus of 3081.5K. Later in the Asian session, traders will watch for BoJ Trimmed Mean Core CPI year over year and BoJ Weighted Median Core CPI year over year, both due at 05:00 UTC. UK Nationwide HPI year over year is scheduled for 06:00 UTC.
The key event for the Sydney session is RBA Gov Bullock Speaks, scheduled for 03:05 UTC.
| At a glance | |
|---|---|
| Biggest moves since the previous session | JP225 -1.68%, USTEC -1.58%, US500 -0.78% |
| Currency strength, 24h | AUD strongest at +0.22%, GBP weakest at -0.19% |
| Risk meter | -0.09 (mildly risk-off) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 22:00 UTC | EUR | France Jobseekers Total | Medium | 3081.5K |
| 03:05 UTC | AUD | RBA Gov Bullock Speaks | High | – |
| 05:00 UTC | JPY | BoJ Trimmed Mean Core CPI y/y | Medium | 2.7% |
| 05:00 UTC | JPY | BoJ Weighted Median Core CPI y/y | Medium | 1.7% |
| 06:00 UTC | GBP | Nationwide HPI y/y | Medium | 1.8% |
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.