Sydney Open Briefing: Tuesday, October 27, 2026

Good morning, Sydney. For Tuesday, October 27, 2026, the session begins with a mixed handover from overnight trading. US technology stocks, represented by USTEC, gained 0.52%, and the US500 rose 0.34%. In contrast, EURUSD declined 0.20%, AUDUSD fell 0.16%, and XAUUSD was down 0.21%. The DE40 also saw a 0.18% decline. The US Dollar was the strongest currency over the last 24 hours, up 0.27%, while the Japanese Yen was the weakest, down 0.21%. The risk meter currently stands at +0.15, indicating a slightly risk-on sentiment.

Looking ahead, traders will monitor key Japanese inflation data. The BoJ Trimmed Mean Core CPI y/y is due at 05:00 UTC, with a consensus of 2.1% following a previous 2.2%. Simultaneously, the BoJ Weighted Median Core CPI y/y will be released, with consensus and previous figures both at 1.5%. Later in the European session, the ECB Households Loans y/y for the Eurozone is scheduled at 09:00 UTC, with a consensus of 3% against a previous 3.1%.

Retail positioning data shows some notable shifts. The crowd on USDCHF flipped from 56% long to 51% short in 24 hours. Similarly, the crowd on USDJPY shifted from 53% long to 53% short. On AUDUSD, the book moved 8 points toward short positions. Retail books also show a 23 point disagreement on XAUUSD.

The BoJ Trimmed Mean Core CPI y/y release at 05:00 UTC is expected to be a focal point for the early part of the session.

Scheduled this session (High and Medium impact)

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.