Sydney Open Briefing: Wednesday, August 26, 2026
Sydney traders begin the session with a mixed overnight picture, though a slight risk-on tone persists with the Risk Meter at +0.18. Gold, XAUUSD, advanced +0.51%, and the UK100 rose +0.31%. Conversely, the JP225 declined -0.23%, USDCHF fell -0.22%, USDCAD was down -0.21%, and the US30 retreated -0.19%. In the last 24 hours, the New Zealand Dollar was the strongest currency, up +0.22%, followed by the Australian Dollar, up +0.11%.
The session begins with the release of New Zealand’s Employment Change q/q data, which landed at Tue 22:45 UTC. Attention will quickly shift to Australia’s inflation figures, scheduled for Wed 01:30 UTC. These include the Monthly CPI Indicator y/y, with a consensus of 3.3% following a previous 3.8%. Also due are the CPI q/q, CPI m/m with a consensus of 0.9% from a previous -0.1%, and the Trimmed Mean CPI m/m, which has a consensus of 0.4% after its previous 0.3%.
Crowd positioning data shows shifts in key pairs. The book on AUDUSD moved 13pt toward long over the past 24 hours. On EURGBP, the book flipped from 52% short to 53% long, while on USDJPY, it moved from 56% short to 50% long.
The Australian CPI releases at 01:30 UTC will be a primary focus for the session.
| At a glance | |
|---|---|
| Biggest moves since the previous session | XAUUSD +0.51%, UK100 +0.31%, JP225 -0.23% |
| Currency strength, 24h | NZD strongest at +0.22%, JPY weakest at -0.18% |
| Risk meter | +0.18 (mildly risk-on) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 22:45 UTC | NZD | New Zealand Employment Change q/q | High | – |
| 01:30 UTC | AUD | Australia Monthly CPI Indicator y/y | High | 3.3% |
| 01:30 UTC | AUD | Australia CPI q/q | High | – |
| 01:30 UTC | AUD | CPI m/m | High | 0.9% |
| 01:30 UTC | AUD | Trimmed Mean CPI m/m | High | 0.4% |
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.