Sydney Open Briefing: Wednesday, August 12, 2026
The Sydney session opens with a backdrop of broad equity weakness observed since the reference point, with USTEC down 0.63%, XAUUSD down 0.49%, UK100 down 0.46%, US500 down 0.45%, US30 down 0.36%, and JP225 down 0.18%. This general cautious sentiment persists despite the risk meter registering +0.18. Over the past 24 hours, AUD and CAD were the strongest currencies, both gaining 0.10%, while CHF was the weakest, declining 0.10%. The USD saw a slight dip of 0.02%.
Recent US data showed Existing Home Sales m/m at -1.7%, missing the -0.6% consensus. Total Existing Home Sales were 4.06M, slightly above the 4M consensus. Ahead, Japan’s BoJ L Money Stock y/y is due at Tue 23:50 UTC, with consensus at 5.1%. China’s PBC New Loans are scheduled for Wed 01:00 UTC, with a consensus of 0.591T.
Retail books indicate a 21 point disagreement on GBPJPY. On AUDUSD, the crowd book moved 9 points toward long in the last 24 hours. USDJPY saw a crowd flip from 55% long to 51% short, while EURGBP’s crowd book shifted from 55% short to 50% long.
Traders will monitor the upcoming PBC New Loans data from China for potential market impact.
| At a glance | |
|---|---|
| Biggest moves since the previous session | USTEC -0.63%, XAUUSD -0.49%, UK100 -0.46% |
| Currency strength, 24h | AUD strongest at +0.10%, CHF weakest at -0.10% |
| Risk meter | +0.18 (mildly risk-on) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 23:50 UTC | JPY | BoJ L Money Stock y/y | High | 5.1% |
| 01:00 UTC | CNY | PBC New Loans | Medium | 0.591T |
| 10:30 UTC | INR | CPI y/y | Medium | 4.64% |
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.