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ASX briefings — Wednesday 26 August 2026

Morning setup and afternoon close recap for Wednesday 26 August 2026. Observations only — no trade advice.

Wednesday 26 August 2026

morning

ASX 200 set to open 31 points higher as Brent settles 6.53% lower and gold hits a three-month high

Brent settled 6.53% lower at US$86.15 after Washington's Iran sanctions package proved narrower than expected, while gold reached a three-month high at US$4,722.70/oz and the US 10-year yield fell 6.5 basis points to 4.639%. The SPI points the S&P/ASX 200 31 points or 0.35% higher from Tuesday's 9,164.6 close. ABS July CPI lands at 11:30 AEST, and WOW.AU, WTC.AU, DMP.AU, NWL.AU and DRO.AU report.

Mixed3 min read
afternoon

ASX 200 falls 0.40% to 9,127.8 as a hotter July CPI print erases a 51-point morning gain

The S&P/ASX 200 closed at 9,127.8 on 26 August 2026, down 36.8 points or 0.40%, after the ABS monthly CPI indicator showed prices up 1.0% in July against a 0.8% forecast. The index had been 51.4 points higher at 9,216.0 half an hour before the 11:30 AEST release and finished at its session low. Financials, technology, energy and healthcare together cost about 41 basis points, against roughly 8 basis points added back by consumer staples and property.

Bearish4 min read
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