Market Signals:
Macro Benchmarks
Benchmark market signals track central bank rate cycles, CPI inflation regimes, PMI leading indicators, GDP momentum, and global trade pulse across macro benchmark instruments.
Universal Signals
Apply to all instruments in the Macro Benchmarks class.
MacroNeutral
Central Bank Rate Cycle Regime
The current phase of the rate cycle (hiking, pausing, cutting) defines the macro regime for all asset classes and is the dominant driver of global capital allocation.
Severity
5/5
Inflation HedgeNeutral
CPI Inflation Regime — Pricing Power Signal
CPI readings above or below central bank targets signal whether inflation is a constraint on policy, affecting real yields, purchasing power, and the attractiveness of inflation-hedge assets.
Severity
4/5
MacroNeutral
PMI as Leading Economic Activity Indicator
PMI surveys lead GDP by 1-3 months — the 50-level threshold, expansion/contraction trajectory, and divergence between manufacturing and services are key regime signals.
Severity
1/5
MacroNeutral
GDP Growth Momentum — Economic Cycle Phase
GDP growth acceleration or deceleration defines the economic cycle phase, setting the backdrop for earnings expectations, credit risk, and systematic risk-asset positioning.
Severity
1/5
MacroNeutral
Baltic Dry Index — Global Trade Pulse
The Baltic Dry Index measures shipping costs for dry bulk commodities — a real-time leading indicator of global trade volumes and industrial demand, independent of financial market noise.
Severity
1/5