🌍 TechnoFunda — Global Markets
2026-06-27 06:40 UTC · RS55d benchmark
🏠 All Markets
Market Regime Neutral
Composite score: +1 (VIX + SPY trend + TLT + HYG)
Strong Risk-OffRisk-OffNeutral Risk-OnStrong Risk-On
VIX
18.9
VIX 18.9
Neutral
SPY
+6.98%
SPY +7.0% above 200d SMA
Risk-On
TLT
+3.05%
TLT +3.0% (bonds rallying)
Caution
HYG
+0.14%
HYG 0.1%
Neutral
Market Regime
Neutral
Score: +1 / +6 max
VIX (Fear Index)
18.9
Moderate
SPY vs 200d SMA
+6.98%
Above 200d — uptrend
Top Country
🇰🇷 South Korea
RS(55d) vs SPY: +44.32%
Top Global Sector
Technology
RS(55d) vs SPY: +22.24%
Country Signals
6 Buy / 14 Sell
of 41 countries tracked
Top Countries by RS(55d) vs SPY
🥇 🇰🇷
South Korea
EWY · Buy
+44.32%
🥈 🇹🇼
Taiwan
EWT · Buy
+30.80%
🥉 🌍
Emerging Mkts
EEM · Buy
+6.74%
#4 🇳🇱
Netherlands
EWN · Buy
+5.62%
#5 🌏
Asia-Pac (broad)
VPL · Buy
+4.58%
Top Global Sectors by RS(55d) vs SPY
🥇
Technology
IXN · Buy
+22.24%
🥈
Real Estate
REET · Neutral
-2.27%
🥉
Financials
IXG · Neutral
-2.73%
#4
Industrials
EXI · Neutral
-2.79%
#5
Health Care
IXJ · Neutral
-6.65%
Country Rotation — RS vs SPY Benchmark
#CountryETFRegion 1D% RS(22d)RS(55d)RS(120d)RS(252d) 1M%2M%3M%6M%12M% RSISMA20SMA50SMA100SMA200Signal
1 🇰🇷 South Korea EWY Asia +3.92% +14.06% +44.32% +94.79% +135.80% +12.62% +31.58% +62.98% +126.18% +188.51% +50.4 Y Y Y Y Buy
2 🇹🇼 Taiwan EWT Asia +0.18% +9.72% +30.80% +52.54% +57.83% +8.33% +21.72% +50.43% +71.19% +93.12% +48.9 Y Y Y Y Buy
3 🌍 Emerging Mkts EEM Global +1.06% +5.02% +6.74% +15.34% +18.18% +3.69% +7.78% +22.78% +27.75% +44.60% +48.1 N Y Y Y Buy
4 🇳🇱 Netherlands EWN Europe +1.21% +4.72% +5.62% +11.94% +8.27% +3.40% +9.44% +22.26% +22.44% +32.48% +52.8 Y Y Y Y Buy
5 🌏 Asia-Pac (broad) VPL Asia +1.70% +5.26% +4.58% +18.84% +21.87% +3.92% +10.14% +21.69% +30.33% +49.11% +49.5 Y Y Y Y Buy
6 🇬🇷 Greece GREK Europe -0.73% +7.82% +0.79% +5.24% +9.93% +6.45% +7.27% +20.34% +14.02% +34.51% +57.1 Y Y Y Y Buy
7 🇺🇸 USA SPY Americas +0.14% 0.00% 0.00% 0.00% 0.00% -1.27% +3.51% +13.51% +8.60% +22.36% +39.6 N Y Y Y Neutral
8 🌐 World (ex-US) VEU Global +0.93% +2.81% -1.42% +5.24% +5.58% +1.50% +4.16% +14.85% +15.75% +29.18% +47.9 Y Y Y Y Neutral
9 🇯🇵 Japan EWJ Asia +0.84% +3.81% -1.67% +7.43% +9.45% +2.50% +6.99% +15.64% +15.97% +33.92% +49.4 Y Y Y Y Neutral
10 🇮🇹 Italy EWI Europe +0.17% +3.92% -1.76% +2.21% +5.45% +2.60% +4.54% +18.57% +13.49% +29.03% +55.4 Y Y Y Y Neutral
11 🇨🇭 Switzerland EWL Europe +0.98% +3.34% -2.89% -1.54% -3.84% +2.03% +4.55% +13.50% +9.49% +17.66% +66.1 Y Y Y Y Neutral
12 🇪🇸 Spain EWP Europe +0.75% +7.07% -3.23% +2.37% +13.28% +5.72% +5.21% +15.71% +13.51% +38.60% +65.3 Y Y Y Y Neutral
13 🇨🇴 Colombia GXG Americas +0.11% +19.03% -3.25% +10.78% +28.73% +20.65% +6.81% +17.15% +24.32% +61.75% +73.0 Y Y Y Y Neutral
14 🇦🇪 UAE UAE Mid East -3.63% +5.85% -3.85% -4.49% -10.85% +4.51% +1.74% +13.28% +3.16% +9.08% +58.7 Y Y Y Y Neutral
15 🇪🇺 Europe (broad) VGK Europe +1.01% +1.93% -4.56% -1.18% -3.20% +0.64% +2.16% +12.44% +9.19% +18.44% +50.7 Y Y Y Y Neutral
16 🇸🇬 Singapore EWS Asia -0.27% +3.46% -5.02% +1.08% -1.02% +2.15% +3.77% +10.03% +11.20% +21.11% +55.7 Y Y Y Y Neutral
17 🇫🇷 France EWQ Europe +0.67% +3.63% -5.99% -5.10% -9.69% +2.32% +1.91% +10.89% +3.50% +10.49% +49.5 Y Y Y Y Neutral
18 🇻🇳 Vietnam VNM Asia -1.14% -1.90% -6.06% -12.08% +9.20% -3.15% -6.39% +10.53% +4.05% +33.61% +48.6 Y N N N Sell
19 🇩🇪 Germany EWG Europe +1.28% -1.12% -6.47% -8.94% -17.28% -2.37% -1.01% +9.67% -0.68% +1.22% +39.3 N N N N Sell
20 🇮🇳 India INDA Asia -0.40% +3.46% -6.54% -15.52% -26.28% +2.15% -1.10% +6.10% -6.98% -9.80% +61.2 Y Y N N Neutral
21 🇹🇭 Thailand THD Asia +0.38% -0.79% -6.64% +10.08% +16.37% -2.04% +1.07% +9.06% +20.79% +42.39% +33.4 N N Y Y Sell
22 🇵🇱 Poland EPOL Europe +1.47% -1.54% -6.67% +1.95% +7.36% -2.79% -1.88% +12.63% +14.04% +31.36% +42.1 N N Y Y Sell
23 🇨🇦 Canada EWC Americas +0.58% +0.21% -6.97% -0.84% +4.64% -1.06% -0.17% +8.80% +8.38% +28.03% +36.5 N N Y Y Neutral
24 🇵🇪 Peru EPU Americas -0.14% +3.22% -7.77% +7.48% +46.02% +1.91% +0.96% +13.34% +21.97% +78.66% +50.7 N Y Y Y Neutral
25 🇸🇪 Sweden EWD Europe +0.94% -2.55% -8.32% -5.34% -7.14% -3.78% -5.16% +7.81% +3.42% +13.62% +38.8 N N N Y Sell
26 🇹🇷 Turkey TUR Europe -0.78% +2.29% -8.35% +6.63% +6.31% +1.00% -6.51% +3.52% +15.28% +30.07% +53.9 Y N N Y Neutral
27 🌐 Frontier Mkts FMQQ Global -0.86% +1.92% -8.36% -23.32% -36.87% +0.63% -6.19% +3.64% -17.70% -22.76% +53.2 Y N N N Neutral
28 🇮🇱 Israel EIS Mid East -0.48% -8.78% -8.82% +1.20% +8.46% -9.93% -5.33% +0.30% +10.10% +32.71% +37.8 N N N Y Sell
29 🇲🇽 Mexico EWW Americas +2.36% -0.17% -9.63% +2.12% +7.82% -1.44% -2.16% +9.69% +10.50% +31.92% +47.3 N N N Y Sell
30 🇨🇱 Chile ECH Americas -0.15% +0.33% -9.98% -8.74% +5.73% -0.94% -6.71% +4.86% +0.69% +29.37% +49.5 N N N Y Neutral
31 🇬🇧 UK EWU Europe +0.95% +0.09% -10.04% -2.25% -1.63% -1.17% -1.30% +6.13% +9.60% +20.37% +46.6 N N N Y Neutral
32 🇵🇭 Philippines EPHE Asia +0.33% +2.18% -10.28% -7.55% -22.79% +0.89% -0.64% +2.93% +0.96% -5.53% +52.1 Y Y N N Neutral
33 🇦🇺 Australia EWA Asia +0.07% -0.33% -11.14% -0.10% -9.62% -1.59% -3.76% +3.75% +8.62% +10.58% +41.0 N N N Y Sell
34 🇸🇦 Saudi Arabia KSA Mid East -0.68% +0.65% -11.34% -2.58% -15.80% -0.63% -2.89% +4.40% +3.91% +3.03% +50.7 N N N N Neutral
35 🇦🇷 Argentina ARGT Americas -0.13% +1.52% -12.47% -8.43% -13.35% +0.23% -2.96% +5.91% +0.95% +6.02% +39.2 N N N Y Neutral
36 🇲🇾 Malaysia EWM Asia -1.22% -5.81% -13.07% -8.19% -5.01% -7.00% -6.84% -6.04% +2.39% +16.22% +33.9 N N N N Sell
37 🇿🇦 South Africa EZA Africa +1.59% -2.86% -15.50% -13.32% +4.09% -4.09% -9.45% +3.15% -0.79% +27.36% +42.1 N N N N Sell
38 🇭🇰 Hong Kong EWH Asia -0.14% -7.46% -17.34% -6.71% -9.03% -8.64% -8.67% -3.85% +1.28% +11.31% +32.2 N N N N Sell
39 🇨🇳 China MCHI Asia -1.26% -6.78% -17.69% -21.39% -23.90% -7.96% -12.32% -7.41% -15.90% -6.89% +20.8 N N N N Sell
40 🇧🇷 Brazil EWZ Americas +0.97% -3.91% -19.66% +0.33% +4.32% -5.13% -14.99% -1.58% +7.19% +27.64% +47.3 N N N Y Sell
41 🇮🇩 Indonesia EIDO Asia +1.62% -5.95% -28.58% -39.96% -42.29% -7.15% -24.65% -19.61% -34.58% -29.39% +51.8 N N N N Sell
Sectors
Frequency
Tail
20 wks
RS Period
Momentum
Smooth
5 EMA
Scroll=zoom • Drag=pan • Dbl-click=reset
Loading chart…
Current Quadrant Positions
← RS-Ratio below 100 (underperforming)  •  RS-Ratio above 100 (outperforming) →
△ Improving
▲ Leading
▽ Lagging
▼ Weakening
Country Returns by Period
🇨🇴 Colombia
+20.65%
Neutral
🇰🇷 South Korea
+12.62%
Buy
🇹🇼 Taiwan
+8.33%
Buy
🇬🇷 Greece
+6.45%
Buy
🇪🇸 Spain
+5.72%
Neutral
🇦🇪 UAE
+4.51%
Neutral
🌏 Asia-Pac (broad)
+3.92%
Buy
🌍 Emerging Mkts
+3.69%
Buy
🇳🇱 Netherlands
+3.40%
Buy
🇮🇹 Italy
+2.60%
Neutral
🇯🇵 Japan
+2.50%
Neutral
🇫🇷 France
+2.32%
Neutral
🇸🇬 Singapore
+2.15%
Neutral
🇮🇳 India
+2.15%
Neutral
🇨🇭 Switzerland
+2.03%
Neutral
🇵🇪 Peru
+1.91%
Neutral
🌐 World (ex-US)
+1.50%
Neutral
🇹🇷 Turkey
+1.00%
Neutral
🇵🇭 Philippines
+0.89%
Neutral
🇪🇺 Europe (broad)
+0.64%
Neutral
🌐 Frontier Mkts
+0.63%
Neutral
🇦🇷 Argentina
+0.23%
Neutral
🇸🇦 Saudi Arabia
-0.63%
Neutral
🇨🇱 Chile
-0.94%
Neutral
🇨🇦 Canada
-1.06%
Neutral
🇬🇧 UK
-1.17%
Neutral
🇺🇸 USA
-1.27%
Neutral
🇲🇽 Mexico
-1.44%
Sell
🇦🇺 Australia
-1.59%
Sell
🇹🇭 Thailand
-2.04%
Sell
🇩🇪 Germany
-2.37%
Sell
🇵🇱 Poland
-2.79%
Sell
🇻🇳 Vietnam
-3.15%
Sell
🇸🇪 Sweden
-3.78%
Sell
🇿🇦 South Africa
-4.09%
Sell
🇧🇷 Brazil
-5.13%
Sell
🇲🇾 Malaysia
-7.00%
Sell
🇮🇩 Indonesia
-7.15%
Sell
🇨🇳 China
-7.96%
Sell
🇭🇰 Hong Kong
-8.64%
Sell
🇮🇱 Israel
-9.93%
Sell
Global Sector Rotation — iShares Global ETFs vs SPY

IXN·IXG·IXJ·IXC·MXI·EXI·RXI·KXI·JXI·IXP·REET — truly global exposure across 47 markets.

Technology
+3.91%
IXN
Industrials
+3.78%
EXI
Health Care
+3.04%
IXJ
Financials
+2.88%
IXG
Real Estate
+2.14%
REET
Utilities
+0.85%
JXI
Consumer Staples
-0.11%
KXI
Materials
-2.14%
MXI
Consumer Disc
-3.80%
RXI
Communication
-8.21%
IXP
Energy
-9.98%
IXC
Global Sector ETF Rankings
#SectorETF RS(22d)RS(55d)RS(120d)RS(252d) 1M%2M%3M%6M%12M% RSISMA20SMA50SMA100SMA200Signal
1 Technology IXN +5.24% +22.24% +23.71% +29.01% +3.91% +17.92% +39.12% +36.03% +57.85% +44.8 N Y Y Y Buy
2 Real Estate REET +3.45% -2.27% +4.21% -6.02% +2.14% +4.31% +12.21% +13.80% +14.99% +65.8 Y Y Y Y Neutral
3 Financials IXG +4.20% -2.73% -3.86% -5.35% +2.88% +3.85% +12.91% +5.26% +15.81% +61.1 Y Y Y Y Neutral
4 Industrials EXI +5.11% -2.79% +5.55% +1.85% +3.78% +3.96% +12.18% +14.04% +24.62% +56.9 Y Y Y Y Neutral
5 Health Care IXJ +4.36% -6.65% -7.32% -6.23% +3.04% +4.47% +6.88% +1.43% +14.74% +62.1 Y Y Y Y Neutral
6 Consumer Disc RXI -2.56% -7.76% -14.08% -15.71% -3.80% -4.68% +4.02% -7.61% +3.13% +39.6 N N N N Sell
7 Consumer Staples KXI +1.17% -7.86% -1.49% -13.03% -0.11% +2.53% +4.41% +5.92% +6.41% +65.9 Y Y Y Y Neutral
8 Materials MXI -0.88% -10.24% +3.13% +4.97% -2.14% -3.74% +10.46% +13.31% +28.43% +40.1 N N N Y Sell
9 Utilities JXI +2.15% -11.92% +1.54% -2.70% +0.85% +0.89% +3.93% +11.35% +19.05% +69.0 Y Y Y Y Neutral
10 Communication IXP -7.03% -12.35% -13.78% -12.85% -8.21% -7.85% -2.01% -5.35% +6.64% +23.8 N N N N Sell
11 Energy IXC -8.83% -20.69% +11.36% +7.74% -9.98% -6.33% -9.16% +20.24% +31.83% +25.2 N N N Y Sell
Sectors
Frequency
Tail
20 wks
RS Period
Momentum
Smooth
5 EMA
Scroll=zoom • Drag=pan • Dbl-click=reset
Loading chart…
Current Quadrant Positions
← RS-Ratio below 100 (underperforming)  •  RS-Ratio above 100 (outperforming) →
△ Improving
▲ Leading
▽ Lagging
▼ Weakening
Capital Flow Matrix — Country × Global Sector Correlation

Each number shows how closely a country ETF moved with a global sector ETF over the selected window (scaled 0–100). A score of +75 means the two moved together 75% of the time — capital flowing into that country is largely driven by that sector. A score near 0 means no relationship. A negative score means they moved in opposite directions.

How to read: Find a country row. The highest positive score reveals which global sector is pulling money into that market. The Top column shows that sector at a glance. Use the window buttons to see short-term (22d) vs medium-term (55d) vs long-term (120d) relationships.

CountryETFTop TechFinHCEngyMatIndDiscStplUtilCommREIT
Africa
🇿🇦 South Africa EZA Mat +65+66+46-21+88+76+73+32+44+61+53
Americas
🇵🇪 Peru EPU Mat +60+59+33-12+86+70+57+21+37+51+42
🇨🇦 Canada EWC Mat +58+68+42+0+82+70+64+20+45+57+57
🇲🇽 Mexico EWW Mat +57+60+37-10+79+73+64+34+46+51+49
🇨🇱 Chile ECH Mat +56+65+39-27+72+68+68+30+40+57+50
🇧🇷 Brazil EWZ Mat +50+60+35+3+67+63+56+25+47+46+46
🇦🇷 Argentina ARGT Mat +54+55+24+0+64+56+56+3+25+49+29
🇨🇴 Colombia GXG Mat +48+38+19-7+53+44+35+5+20+32+22
Asia
🇹🇼 Taiwan EWT Tech +88+50+20-18+68+69+67+5+27+51+31
🇯🇵 Japan EWJ Ind +74+67+47-16+77+87+74+26+43+59+52
🌏 Asia-Pac (broad) VPL Tech +85+60+35-16+79+85+73+19+38+60+46
🇰🇷 South Korea EWY Tech +85+41+19-13+65+69+62+8+25+51+29
🇦🇺 Australia EWA Mat +62+75+46-6+79+78+70+34+51+60+62
🇮🇳 India INDA Disc +56+70+42-44+51+66+78+28+24+60+51
🇭🇰 Hong Kong EWH Mat +62+56+34-3+72+67+67+24+34+62+43
🇸🇬 Singapore EWS Ind +61+63+42-9+66+67+65+27+34+54+46
🇨🇳 China MCHI Mat +61+51+29-8+65+59+63+22+34+61+44
🇹🇭 Thailand THD Mat +54+50+38-12+63+58+61+31+31+46+38
🇲🇾 Malaysia EWM Disc +52+51+29-17+52+58+62+29+29+50+35
🇵🇭 Philippines EPHE Disc +47+39+23-26+45+46+60+26+24+46+31
🇻🇳 Vietnam VNM Disc +43+51+40-21+44+55+56+31+28+48+50
🇮🇩 Indonesia EIDO Disc +25+38+26-15+39+34+40+26+16+38+36
Europe
🇪🇺 Europe (broad) VGK Ind +68+82+60-23+81+88+84+39+51+67+68
🇫🇷 France EWQ Ind +62+79+55-25+77+85+84+41+49+67+69
🇸🇪 Sweden EWD Ind +66+75+50-20+81+85+83+33+46+67+62
🇩🇪 Germany EWG Ind +70+77+52-26+76+83+80+35+49+64+62
🇳🇱 Netherlands EWN Tech +83+71+44-28+74+83+79+13+32+63+48
🇮🇹 Italy EWI Ind +64+81+46-23+77+82+77+31+46+62+62
🇪🇸 Spain EWP Fin +61+82+54-23+70+80+75+30+43+58+60
🇬🇧 UK EWU Mat +54+77+64-6+80+80+73+48+57+59+68
🇨🇭 Switzerland EWL Ind +43+70+69-27+67+75+74+56+54+57+68
🇵🇱 Poland EPOL Mat +59+71+45-5+74+70+68+24+38+57+48
🇬🇷 Greece GREK Ind +63+66+30-32+68+69+69+15+23+49+37
🇹🇷 Turkey TUR Tech +41+34+13-15+41+41+41+18+14+37+26
Global
🌍 Emerging Mkts EEM Tech +90+57+26-20+76+78+74+13+31+61+39
🌐 World (ex-US) VEU Ind +84+73+45-20+85+89+83+26+44+67+57
🌐 Frontier Mkts FMQQ Disc +66+75+42-36+62+73+83+20+25+68+47
Mid East
🇦🇪 UAE UAE Disc +50+54+36-37+48+54+69+31+19+51+35
🇮🇱 Israel EIS Ind +59+44+28-18+47+60+58+4+22+47+42
🇸🇦 Saudi Arabia KSA Disc +45+49+36-9+43+38+56+20+26+40+29
Column codes (iShares Global Sector ETFs):
IXN = TechnologyIXG = FinancialsIXJ = Health CareIXC = EnergyMXI = MaterialsEXI = IndustrialsRXI = Consumer DiscKXI = Consumer StaplesJXI = UtilitiesIXP = CommunicationREET = Real Estate
Score (0–100):
≥ 80 Very strong
60–79 Strong
40–59 Moderate
20–39 Weak
0–19 None
-1 to -20 Mild inverse
≤ -40 Strong inverse
Commodity Rankings — RS vs GLD (Gold Benchmark)

Commodities ranked by relative strength vs Gold (GLD). ★ row = Gold benchmark.

#CommodityTickerPrice RS(22d)RS(55d)RS(120d)RS(252d) 1M%2M%3M%6M%12M% RSISignal
Precious Metals
Gold GLD 369.46 0.00% 0.00% 0.00% 0.00% -10.72% -15.12% -10.62% -6.57% +20.66% +28.5 Benchmark
Energy
2 Heating Oil DINO 67.78 +8.59% +31.16% +60.48% +41.89% -3.05% +14.78% +13.34% +39.58% +71.21% +36.7 Buy
Base Metals
3 Steel SLX 101.05 +6.11% +27.20% +27.73% +31.22% -5.27% -1.52% +17.90% +20.53% +58.33% +29.7 Buy
4 Copper CPER 36.98 +6.42% +26.82% +13.47% -0.14% -4.98% -1.65% +14.31% +12.64% +20.50% +35.4 Buy
5 Lithium LIT 78.45 +3.04% +24.34% +29.74% +71.18% -8.01% -7.46% +17.12% +23.16% +106.55% +40.2 Buy
Broad
6 Metals Broad DBB 24.16 +4.48% +20.21% +12.97% +8.19% -6.72% -4.62% +8.15% +11.89% +30.55% +27.8 Buy
Energy
7 Coal/Mining PICK 58.64 +4.19% +19.96% +23.55% +36.02% -6.98% -6.60% +14.09% +20.77% +64.12% +31.9 Buy
Base Metals
8 Iron Ore PICK 58.64 +4.19% +19.96% +23.55% +36.02% -6.98% -6.60% +14.09% +20.77% +64.12% +31.9 Buy
Energy
9 Natural Gas UNG 11.75 +20.30% +18.90% +2.81% -40.07% +7.40% +7.31% -5.17% -7.70% -27.69% +43.4 Buy
Agriculture
10 Soybeans SOYB 24.56 +9.77% +18.22% +20.52% -7.27% -2.00% +0.20% +1.99% +9.06% +11.89% +61.9 Buy
11 Lumber CUT 28.34 +17.65% +18.21% +4.61% -20.49% +5.04% +0.32% +4.23% -0.41% -4.06% +60.5 Buy
12 Coffee KC=F 286.75 +18.77% +17.98% -11.17% -24.10% +4.65% -9.36% -6.60% -26.04% -7.35% +83.8 Buy
Base Metals
13 Rare Earth REMX 89.21 +3.20% +17.03% +29.46% +89.15% -7.86% -14.06% +12.78% +25.36% +128.24% +39.2 Buy
Broad
14 Agriculture Broad DBA 26.92 +9.41% +16.49% +13.15% -12.08% -2.32% -0.77% +0.26% +5.17% +6.09% +56.3 Buy
Agriculture
15 Wheat WEAT 22.56 +2.93% +15.39% +21.18% -18.00% -8.11% -1.31% -1.27% +9.89% -1.05% +51.8 Buy
Energy
16 Gasoline UGA 102.56 -0.32% +14.00% +78.22% +40.40% -11.00% -4.38% -2.25% +62.15% +69.41% +43.8 Neutral
Agriculture
17 Sugar CANE 9.34 +5.67% +10.60% +2.65% -29.18% -5.66% +0.65% -10.62% -4.21% -14.55% +32.4 Buy
18 Corn CORN 16.95 +3.40% +9.75% +2.55% -21.26% -7.68% -6.92% -9.84% -4.51% -4.99% +42.6 Buy
Broad
19 Broad Commodities PDBC 16.11 -0.86% +7.47% +30.42% +6.04% -11.48% -8.41% -7.04% +22.78% +27.95% +19.1 Neutral
Energy
20 Uranium URA 43.92 +0.48% +7.05% +10.25% -1.38% -10.29% -23.92% -5.43% -0.07% +19.00% +34.4 Buy
Broad
21 Energy Broad DBE 26.66 -6.98% +2.30% +63.69% +22.51% -16.95% -10.90% -12.27% +51.54% +47.82% +21.9 Neutral
Precious Metals
22 Platinum PPLT 14.49 -7.10% -4.81% -16.63% +0.18% -17.06% -23.17% -16.84% -8.89% +20.88% +27.3 Sell
23 Palladium PALL 21.52 -1.70% -5.51% -20.61% -8.21% -12.23% -23.52% -15.91% -21.17% +10.76% +36.3 Sell
24 Silver SLV 52.36 -14.21% -7.19% -12.81% +33.07% -23.41% -25.59% -14.89% -6.67% +60.56% +23.3 Sell
Energy
25 Crude Oil WTI USO 109.31 -13.12% -7.48% +69.54% +24.10% -22.43% -15.53% -9.98% +58.86% +49.74% +19.5 Sell
26 Crude Oil Brent BNO 41.88 -14.71% -8.54% +58.63% +18.82% -23.85% -17.12% -20.86% +48.25% +43.38% +18.9 Sell
Commodity Returns by Period
Natural Gas
+7.40%
Buy
Lumber
+5.04%
Buy
Coffee
+4.65%
Buy
Soybeans
-2.00%
Buy
Agriculture Broad
-2.32%
Buy
Heating Oil
-3.05%
Buy
Copper
-4.98%
Buy
Steel
-5.27%
Buy
Sugar
-5.66%
Buy
Metals Broad
-6.72%
Buy
Iron Ore
-6.98%
Buy
Coal/Mining
-6.98%
Buy
Corn
-7.68%
Buy
Rare Earth
-7.86%
Buy
Lithium
-8.01%
Buy
Wheat
-8.11%
Buy
Uranium
-10.29%
Buy
Gasoline
-11.00%
Neutral
Broad Commodities
-11.48%
Neutral
Palladium
-12.23%
Sell
Energy Broad
-16.95%
Neutral
Platinum
-17.06%
Sell
Crude Oil WTI
-22.43%
Sell
Silver
-23.41%
Sell
Crude Oil Brent
-23.85%
Sell
Key Macro Indicators
VIX
18.9
Normal
DXY
101.43
US Dollar Index
US 10Y Yield
4.45%
Treasury benchmark
10Y-3M Spread
+0.79%
Normal curve
Gold
$4,079
Safe haven
WTI Crude
$69.23
Energy benchmark
Why Macro Matters: Macroeconomic indicators like interest rates, inflation, bond yields, and currency movements directly influence corporate earnings, valuations, and capital flows globally. Central bank decisions affect discount rates and risk appetite. Monitoring these indicators helps identify regime changes before they show up in stock prices.
GDP Growth World Bank / FRED
GDP & Stock Markets: Accelerating GDP supports corporate earnings and equity valuations. Deceleration often precedes bear markets. Compare real growth rates to identify where capital is likely to flow.
Country GDP (Nominal) Real GDP Growth (YoY) As of Trend
🇺🇸United States $28.8T 2024
🇪🇺Eurozone $16.5T 0.9% 2024 Slowing
🇬🇧United Kingdom $3.7T 1.1% 2024 Slowing
🇯🇵Japan $4.0T 0.1% 2024 Slowing
🇨🇳China $18.7T 5.0% 2024 Moderate
🇮🇳India $3.9T 6.5% 2024 Strong
Data: World Bank (NY.GDP.MKTP.CD, NY.GDP.MKTP.KD.ZG). US real GDP growth supplemented from FRED (A191RL1Q225SBEA) when available. Annual frequency — updates quarterly.
Inflation (CPI) World Bank / FRED
Inflation & Markets: High inflation forces central banks to raise rates, compressing equity multiples. Core CPI (ex food & energy) is watched most closely for policy decisions. Moderate, stable inflation (2–3%) is generally positive for stocks.
Country CPI (YoY) Core CPI Target Status As of
🇺🇸United States 2.0% 2024
🇪🇺Eurozone 2.0%
🇬🇧United Kingdom 3.3% 2.0% Above target 2024
🇯🇵Japan 2.7% 2.0% Near target 2024
🇨🇳China 0.2% 3.0% Below target / Deflation risk 2024
🇮🇳India 5.0% 4.0% Near target 2024
US CPI/Core CPI computed YoY from FRED (CPIAUCSL, CPILFESL). International from World Bank (FP.CPI.TOTL.ZG). Core CPI shown for US only.
Central Bank Interest Rates Manually maintained
Rates & Equities: Rate direction and pace matter more than absolute level. Rate cuts boost equities by lowering the discount rate for future earnings. Rate hikes do the opposite. Forward guidance and central bank tone shift markets even without a rate change.
Central Bank Country Current Rate Previous Last Change Next Meeting Stance Market Expectation
🇺🇸 Federal Reserve 🇺🇸United States 4.25–4.50% 4.50–4.75% Dec 2024 (–25 bps) Jul 29–30, 2026 Hold 1–2 cuts in 2026
🇪🇺 European Central Bank 🇪🇺Eurozone 2.40% 2.65% Jun 2025 (–25 bps) Jul 24, 2026 Easing Further cuts possible
🇬🇧 Bank of England 🇬🇧United Kingdom 4.25% 4.50% May 2025 (–25 bps) Aug 7, 2026 Cautious easing Hold, possible cut Q3
🇯🇵 Bank of Japan 🇯🇵Japan 0.50% 0.25% Jan 2025 (+25 bps) Jul 30–31, 2026 Gradual tightening Possible hike if inflation holds
🇨🇳 People's Bank of China 🇨🇳China 3.10% (LPR 1Y) 3.45% Oct 2024 (–25 bps) Accommodative Further easing likely
🇮🇳 Reserve Bank of India 🇮🇳India 6.00% 6.25% Apr 2025 (–25 bps) Aug 5–7, 2026 Neutral Hold; watch inflation
⚠ This data is manually maintained. Update SupportFiles/macro_central_banks.json after each central bank meeting or monthly PMI release.
Employment & Labor Market World Bank / FRED
Employment & Markets: Low unemployment supports consumer spending but can fuel wage inflation. US Non-Farm Payrolls (NFP) is the single most market-moving monthly data release globally. Rising jobless claims often signal recession risk ahead.
Country Unemployment Rate NFP / Jobs Added (US) As of
🇺🇸United States 4.2% 2025
🇪🇺Eurozone 6.3% 2025
🇬🇧United Kingdom 4.7% 2025
🇯🇵Japan 2.5% 2025
🇨🇳China 4.6% 2025
🇮🇳India 4.2% 2025
US data from FRED (UNRATE, PAYEMS). International from FRED OECD series and World Bank (SL.UEM.TOTL.ZS). China and India from World Bank only.
PMI — Purchasing Managers IndexS&P Global / ISM · Jun 2026
PMI & Economic Direction: Above 50 = expansion, below 50 = contraction. Manufacturing PMI is a leading indicator that turns before GDP. Services PMI matters more in developed economies. Direction of change (accelerating vs decelerating) is as important as the absolute level.
CountryMfg PMIMfg StatusServices PMIServices StatusComposite
🇺🇸United States49.0 ↑Mild contraction53.0 ↑Expansion52.1
🇪🇺Eurozone47.8 ↑Mild contraction52.4 ↑Expansion50.8
🇬🇧United Kingdom50.9 ↑Expansion52.0 ↑Expansion51.7
🇯🇵Japan49.5 ↑Mild contraction51.8 ↑Expansion51.2
🇨🇳China50.5 ↑Expansion52.3 ↑Expansion51.6
🇮🇳India57.5 ↓Strong expansion59.0 ↑Strong expansion58.4
⚠ PMI data is manually maintained. Update SupportFiles/macro_central_banks.json monthly after S&P Global flash PMI release.
US Treasury Yields
InstrumentTickerYield1D Chg1W Chg1M Chg
🇺🇸 US 10-Year ^TNX 4.45% -0.27% -0.27% -3.72%
🇺🇸 US 30-Year ^TYX 4.90% -0.51% -1.01% -4.78%
🇺🇸 US 5-Year ^FVX 4.22% -0.09% +0.84% -1.29%
🇺🇸 US 3-Month ^IRX 3.66% +0.30% +0.97% +2.52%
Rising bond yields compete with equities for capital. The US 10Y yield is the global benchmark for the risk-free rate and affects valuations worldwide. Data from Yahoo Finance (^TNX, ^TYX, ^FVX, ^IRX).
US Yield Curve ✓ NORMAL
3M
3.66%
5Y
4.22%
10Y
4.45%
30Y
4.90%
An inverted yield curve (short rates above long rates) has historically preceded recessions by 12-18 months. The 10Y-3M spread is +0.79%.
Currency Exchange Rates
PairTickerRate1D1W1MYTD
🇺🇸 DXY (Dollar Index) DX-Y.NYB 101.43 -0.18% +1.34% +2.12% +3.06%
🇪🇺 EUR/USD EURUSD=X 1.1390 +0.31% -0.60% -2.13% -3.07%
🇬🇧 GBP/USD GBPUSD=X 1.3198 +0.24% -0.03% -1.91% -2.05%
🇯🇵 USD/JPY JPY=X 161.68 -0.07% +0.16% +1.33% +3.16%
🇨🇳 USD/CNY CNY=X 6.79 -0.00% +0.31% +0.16% -2.95%
🇮🇳 USD/INR INR=X 94.30 -0.15% -0.04% -1.67% +4.82%
🇦🇺 AUD/USD AUDUSD=X 0.6901 +0.01% -1.45% -3.25% +3.34%
🇨🇭 USD/CHF CHF=X 0.8095 -0.38% +0.57% +3.11% +2.21%
Currency strength reflects capital flows, trade competitiveness, and rate differentials. A strong USD typically pressures emerging markets and commodities. Data from Yahoo Finance.
Currency YTD Performance (vs USD)
🇪🇺
EUR/USD
-3.1%
YTD
🇬🇧
GBP/USD
-2.0%
YTD
🇯🇵
USD/JPY
+3.2%
YTD
🇨🇳
USD/CNY
-3.0%
YTD
🇮🇳
USD/INR
+4.8%
YTD
🇦🇺
AUD/USD
+3.3%
YTD
🇨🇭
USD/CHF
+2.2%
YTD
Commodity Futures (Direct Prices)
CommodityTickerGroupPrice1D1W1MYTD
Gold GC=F Precious Metals $4,079 +1.20% -3.44% -9.37% -5.46%
Silver SI=F Precious Metals $59.22 +1.49% -10.62% -22.39% -16.07%
WTI Crude CL=F Energy $69.23 -3.74% -9.62% -26.26% +20.78%
Brent Crude BZ=F Energy $71.99 -4.34% -9.84% -27.71% +18.50%
Copper HG=F Base Metals $6.14 +1.17% -3.66% -3.45% +8.89%
Natural Gas NG=F Energy $3.23 -3.35% -0.06% +11.64% -10.70%
Oil prices affect inflation and corporate costs. Gold is a safe haven and inflation hedge. Copper is a leading economic indicator ("Dr. Copper"). Data from Yahoo Finance futures contracts.