Vanda Macro Intelligence

See the macro regime changing before consensus catches up.
Independent macro intelligence for global risk takers.

[Vanda Macro Intelligence @VandaMacroIntel]

@ExanteData is now Vanda Vanda Macro Intelligence.

Shortly, this account will evolve to reflect our new brand identity as part of Vanda. We'll be updating the handle of this account and the design of our posts will be refreshed.

The same research. The same team. Now under @vandaresearch.

[Vanda Macro Intelligence @VandaMacroIntel]

USD has broadly strengthened since 5AM this morning, with NOK, MXN, and SEK depreciating the most vs. USD. The CNH was strongest vs. USD with a 0.032% return, while the NOK was weakest vs. USD with a -0.642% return. #Forex

[Vanda Macro Intelligence @VandaMacroIntel]

The largest absolute flows over the past 7 days have been in the following ETFs: SPY (9.5B) VOO (4.1B) IVV (4.1B) TQQQ (3.0B) QQQ (1.9B)

[Vanda Macro Intelligence @VandaMacroIntel]

Looking at notional #ETF flows to monitor sector rotations within US Equities: currently the sectors experiencing the largest inflows compared to their averages include Large Cap and Small Cap, while outflows are being seen in Telecommunications and Gold.

[Vanda Macro Intelligence @VandaMacroIntel]

The biggest movers in global FX overnight, based on volatility adjusted returns, were #USDMXN, #EURCNH, #USDCAD, #USDEUR, & #USDDKK. For USD crosses, 6 out of 28 had positive returns. For EUR crosses, 5 out of 13 had positive returns. #Forex

[Vanda Macro Intelligence @VandaMacroIntel]

The largest move in the last 7 days was: Fra. 2s10s. There were no G10 bond yields that had a 2 standard deviation move during the period.

[Vanda Macro Intelligence @VandaMacroIntel]

The largest move in the last 24 hours was: China 30Y. G10 bond yields that had 2 standard deviation moves during the period include: China 30Y, China 10s30s, US 30Y, US 10Y

[Vanda Macro Intelligence @VandaMacroIntel]

USD has been mixed since 5AM this morning. MXN has depreciated the most vs. USD at -0.58%, while the AUD has strengthed the most with a 0.14% return. #Forex

[Vanda Macro Intelligence @VandaMacroIntel]

The largest absolute flows over the past 7 days have been in the following ETFs: SPY (6.1B) QQQ (5.8B) IVV (4.4B) VOO (3.5B) LQD (2.4B)

[Vanda Macro Intelligence @VandaMacroIntel]

Looking at notional #ETF flows to monitor sector rotations within US Equities: currently the sectors experiencing the largest inflows compared to their averages include Large Cap and High Yield, while outflows are being seen in Utilities and Gold.

[Vanda Macro Intelligence @VandaMacroIntel]

The biggest movers in global FX overnight, based on volatility adjusted returns, were #USDCNH, #USDTWD, #EURCNH, #EURNOK, & #NOKSEK. For USD crosses, 16 out of 28 had positive returns. For EUR crosses, 7 out of 13 had positive returns. #Forex

[Vanda Macro Intelligence @VandaMacroIntel]

The largest move in the last 7 days was: AU 2s10s. There were no G10 bond yields that had a 2 standard deviation move during the period.

[Vanda Macro Intelligence @VandaMacroIntel]

The largest move in the last 24 hours was: China 30Y. There were no G10 bond yields that had a 2 standard deviation move during the period.

[Vanda Macro Intelligence @VandaMacroIntel]

USD has been mixed since 5AM this morning. NOK has depreciated the most vs. USD at -0.56%, while the MXN has strengthed the most with a 0.53% return. #Forex

[Vanda Macro Intelligence @VandaMacroIntel]

Looking at notional #ETF flows to monitor sector rotations within US Equities: currently the sectors experiencing the largest inflows compared to their averages include High Yield and Health Care, while outflows are being seen in Treasury and Consumer Discretionary.

[Vanda Macro Intelligence @VandaMacroIntel]

The biggest movers in global FX overnight, based on volatility adjusted returns, were #NOKSEK, #EURNOK, #USDSEK, #EURAUD, & #EURCAD. For USD crosses, 12 out of 28 had positive returns. For EUR crosses, 10 out of 13 had positive returns. #Forex

[Vanda Macro Intelligence @VandaMacroIntel]

The largest move in the last 7 days was: AU 2s10s. There were no G10 bond yields that had a 2 standard deviation move during the period.

[Vanda Macro Intelligence @VandaMacroIntel]

The largest move in the last 24 hours was: Can. 10s30s. G10 bond yields that had 2 standard deviation moves during the period include: Can. 10s30s, Fra. 2s10s, Japan 5Y, US 10s30s, Japan 10Y

[Vanda Macro Intelligence @VandaMacroIntel]

USD has broadly strengthened since 5AM this morning, with EUR, NZD, and CHF depreciating the most vs. USD. The KRW was strongest vs. USD with a 0.158% return, while the EUR was weakest vs. USD with a -0.402% return. #Forex

[Vanda Macro Intelligence @VandaMacroIntel]

The largest absolute flows over the past 7 days have been in the following ETFs: SPY (-6.6B) VOO (5.0B) BIL (-2.8B) QQQ (-2.7B) SHV (-2.1B)

[Vanda Macro Intelligence @VandaMacroIntel]

Looking at notional #ETF flows to monitor sector rotations within US Equities: currently the sectors experiencing the largest inflows compared to their averages include High Yield and Financials, while outflows are being seen in Treasury and Large Cap.