Macro Outlook
Our weekly Macro Outlook newsletter is posted every Monday morning (or the first trading day after). Updates are posted during the week as market action unfolds.
Macro Outlook
Macro Outlook - 30 March 2026
US Dollar Down (->80D trough). Gold up (40D trough). Oil Down (80D peak). Copper Up (40D trough). USDJPY Down (-> 80D trough). EURUSD Up 20D trough). SPX E-minis Up (80D trough). Nikkei Up (80D trough). Bitcoin Up (20D trough). Ten Year Notes Up (80D trough). ...
Macro Outlook
Macro Outlook - 23 March 2026
US Dollar SmallUp (->20D peak). Gold down (->40D trough). Oil Up (->40D peak). Copper Down (->80D trough). USDJPY Down (->20D trough). EURUSD Down (->20D trough). SPX E-minis SmallDown (-> 80D trough). Nikkei SmallDown (-> 80D trough). Ten Year Notes SmallDown (-> 80D trough). ...
Macro Outlook
Macro Outlook - 16 March 2026
US Dollar Up (->40D peak). Gold down (->40D trough). Oil Up (->40D peak). Copper Down (->80D trough). USDJPY Up (->20D peak). EURUSD Down (->20D trough). SPX E-minis Down (-> 80D trough). Nikkei Down (-> 80D trough). Bitcoin Up (-> 40D peak). Ten Year Notes SmallDown (->20D trough). ...
Macro Outlook
Macro Outlook - 9 March 2026
US Dollar Up (->20D peak). Gold down (->80D peak). Oil Flat (->80D peak?). Copper SmallDown (->40D trough). EURUSD Down (->40D trough). SPX E-minis Down (-> 40D trough). Nikkei SmallDown (-> 40D trough). Bitcoin SmallDown (-> 40D trough). Ten Year Notes Up (->40D trough). ...
Macro Outlook
Macro Outlook - 23 February 2026
US Dollar Down (->40D trough). Gold Up (->80D peak). Oil Up (->80D peak). Copper Up (->40D peak). USDJPY Down (->20 day trough). EURUSD Down (->40D trough). SPX E-minis Down (-> 40D trough). Nikkei Down (->80D trough). Bitcoin (20D trough). Ten Year Notes Up (->40D peak). ...
Macro Outlook
Macro Outlook - 17 February 2026
US Dollar Up (20D trough). Gold Down (->20D trough). Oil Down (->20D trough). Copper Down (->20D trough). EURUSD Down (->40D trough). SPX E-minis Down (-> 20D trough). Nikkei Down (->80D trough). Bitcoin Down (20D trough). Ten Year Notes Up (->40D peak). ...
Macro Outlook
Macro Outlook - 9 February 2026
US Dollar Down (20D trough). Gold Up? (20W trough). Oil Down (->20D trough). Copper Down (->80D trough). USDJPY Down (20D peak). EURUSD Up (20D trough). SPX E-minis Down (-> 80D trough). Nikkei Down (80D peak). Bitcoin Up (80D trough). Ten Year Notes SmallDown (->20D trough). ...