Our team will take a break from daily commentary today- but here is the updated systematic data:

We start with our Market Regime Monitor, which infers the growth and inflation regime implied by major global investment markets:

Next, we show movements in major currency pairs, gold, and commodities versus the dollar:

Finally, we show our Currency Bloc Monitor, which aggregates 42 currencies based on their economic bias and correlation into the major regions or “blocs,” thereby allowing us to implicitly understand the flow of global capital:

Until tomorrow!