Welcome back to FXDD’s On the Daily- our daily research updates on markets and economies. We will hold off on our commentary today, pending updates over the weekend to our models. Here’s what we have been watching in economic and financial data over the last 24 hours. Let us start with our tracking of global economic momentum:

Next, we show our Market Environment Monitor, which aggregates the growth and inflation signals from major global investment markets to tell us what the current market environment is, i.e., expansion, inflation, deflation, or stagflation:

Finally, we show our proxy for capital flows using our Currency Bloc Monitor, which aggregates exchange rate moves across 48 currency pairs into major regions or Blocs. We show the evolution of these Currency Blocs over time:

Until tomorrow!