PreReason serves 293 metrics, and 14 more inside briefings. Each metric includes trend direction, momentum, percentile rankings, and confidence scores.
Macro / Market Metrics (197)
Fed Balance Sheet: Federal Reserve total assets, in millions of US dollars: the Wednesday level from the Federal Reserve Board's H.4.1 release, published each Thursday afternoon.
M2 Money Supply: United States M2 broad money supply, seasonally adjusted, in billions of US dollars: monthly, from the Federal Reserve Board's H.6 release, published on the fourth Tuesday of the following month. The Board revises earlier months with each release, and the series here is kept at its current values.
10-Year Treasury: The 10-year Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. Read from FRED's copy of these rates until 2026-09-28, which is where its history before 1990 comes from.
Reverse Repo (RRP): The Federal Reserve's overnight reverse repurchase agreements, in billions of US dollars: the Treasury amount the New York Fed accepted in each business day's overnight reverse repo operations, from its own operation results, posted about 1:15 in the afternoon, New York time.
EUR/USD Exchange Rate: US dollars per euro (EUR/USD), from the Federal Reserve Board H.10 release, each business day.
USD/CNY Exchange Rate: Yuan per US dollar (USD/CNY), from the Federal Reserve Board H.10 release, each business day. Higher means a weaker yuan.
USD/KRW Exchange Rate: Won per US dollar (USD/KRW), from the Federal Reserve Board H.10 release, each business day. Higher means a weaker won.
USD/INR Exchange Rate: Rupees per US dollar (USD/INR), from the Federal Reserve Board H.10 release, each business day. Higher means a weaker rupee.
GBP/USD Exchange Rate: US dollars per pound sterling (GBP/USD), from the Federal Reserve Board H.10 release, each business day.
USD/CHF Exchange Rate: Swiss francs per US dollar (USD/CHF), from the Federal Reserve Board H.10 release, each business day. Higher means a weaker franc.
Yield Curve Spread: The 10-year Treasury par yield minus the 2-year, PreReason's calculation from the US Treasury's Daily Treasury Par Yield Curve Rates: its 10 Yr column minus its 2 Yr on the same day. Business days, priced at about 3:30 in the afternoon, New York time. Below zero the curve is inverted. Read from FRED's copy of this spread until 2026-09-30, which is where its history before 1990 comes from.
Treasury General Account: The Treasury General Account at the Federal Reserve, in millions of US dollars: the week average from the Federal Reserve Board's H.4.1 release, published each Thursday afternoon.
3-Month Treasury Yield: The 3-month Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. Front of the yield curve; key input to t10y3m-spread. Read from FRED's copy of these rates from May 2023 until 2026-09-28.
2-Year Treasury Yield: The 2-year Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. Tracks the expected near-term Fed policy path. Read from FRED's copy of these rates from May 2023 until 2026-09-28.
5-Year Treasury Yield: The 5-year Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. Belly of the curve; intermediate-term rate expectations. Read from FRED's copy of these rates from May 2023 until 2026-09-28.
30-Year Treasury Yield: The 30-year Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. Long-end real growth and inflation risk premium. Read from FRED's copy of these rates from May 2023 until 2026-09-28.
1-Month Treasury Yield: The 1-month Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. The shortest maturity on the curve, the closest to the policy rate.
1.5-Month Treasury Yield: The 1.5-month Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. A bill maturity between the 1-month and the 2-month, on the curve since February 2025.
2-Month Treasury Yield: The 2-month Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. A bill maturity between the 1-month and the 3-month.
4-Month Treasury Yield: The 4-month Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. A bill maturity between the 3-month and the 6-month, on the curve since October 2022.
6-Month Treasury Yield: The 6-month Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. Front of the curve: the policy path over the next half year.
1-Year Treasury Yield: The 1-year Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. Front of the curve: the policy path over the coming year.
3-Year Treasury Yield: The 3-year Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. Between the 2-year and the 5-year: medium-term rate expectations.
7-Year Treasury Yield: The 7-year Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. Between the 5-year and the 10-year, in the belly of the curve.
20-Year Treasury Yield: The 20-year Treasury par yield, in percent, from the US Treasury's Daily Treasury Par Yield Curve Rates. Business days, priced at about 3:30 in the afternoon, New York time. Long end of the curve, between the 10-year and the 30-year.
5-Year Breakeven Inflation: The 5-year breakeven inflation rate, in percent: PreReason's calculation, the US Treasury's 5-year par yield minus its 5-year real par yield on the same day, from its Daily Treasury Par Yield Curve Rates and Daily Treasury Par Real Yield Curve Rates. Business days. Read from FRED's copy of the same numbers from May 2023 until 2026-10-01.
10-Year Breakeven Inflation: The 10-year breakeven inflation rate, in percent: PreReason's calculation, the US Treasury's 10-year par yield minus its 10-year real par yield on the same day, from its Daily Treasury Par Yield Curve Rates and Daily Treasury Par Real Yield Curve Rates. Business days. Read from FRED's copy of the same numbers from May 2023 until 2026-10-01.
20-Year Real Treasury Yield: The US Treasury's 20-year real par yield, in percent, from its Daily Treasury Par Real Yield Curve Rates, which Treasury derives from the prices of its inflation-protected securities (TIPS): the yield after inflation at a 20-year maturity. Business days.
30-Year Real Treasury Yield: The US Treasury's 30-year real par yield, in percent, from its Daily Treasury Par Real Yield Curve Rates, which Treasury derives from the prices of its inflation-protected securities (TIPS): the yield after inflation at a 30-year maturity. Business days.
20-Year Breakeven Inflation: The 20-year breakeven inflation rate, in percent: PreReason's calculation, the US Treasury's 20-year par yield minus its 20-year real par yield on the same day, from its Daily Treasury Par Yield Curve Rates and Daily Treasury Par Real Yield Curve Rates. Business days.
30-Year Breakeven Inflation: The 30-year breakeven inflation rate, in percent: PreReason's calculation, the US Treasury's 30-year par yield minus its 30-year real par yield on the same day, from its Daily Treasury Par Yield Curve Rates and Daily Treasury Par Real Yield Curve Rates. Business days.
5-Year, 5-Year Forward Inflation Expectation: The 5-year, 5-year forward breakeven inflation rate, in percent, for the five years that begin five years from now: PreReason's calculation from the 5 and 10 year breakevens by FRED's published formula, each the US Treasury's par yield minus its real par yield (Daily Treasury Par Yield Curve Rates and Daily Treasury Par Real Yield Curve Rates). Business days. Read from FRED's copy of the same numbers from May 2023 until 2026-10-01.
10Y Treasury Auction Bid-to-Cover: Bid-to-cover ratio at the latest new issue auction of the nominal 10-year Treasury note (TreasuryDirect), named with its auction date; a reopening of that note, or the inflation protected 10-year note, does not move it.
30Y Treasury Auction Bid-to-Cover: Bid-to-cover ratio at the latest new issue auction of the nominal 30-year Treasury bond (TreasuryDirect), named with its auction date; a reopening of that bond, or the inflation protected 30-year bond, does not move it.
Indirect Bidder Percentage: Share of the total accepted, competitive and noncompetitive, at the latest note or bond auction taken by indirect bidders (often foreign central banks and asset managers): PreReason's calculation from Treasury's auction results, named with its auction.
Primary Dealer Takedown Percentage: Share of the total accepted, competitive and noncompetitive, at the latest note or bond auction taken by primary dealers: PreReason's calculation from Treasury's auction results, named with its auction.
Days to Next Treasury Auction: Days to the next announced Treasury auction of any tenor on Treasury's Fiscal Data feed: PreReason's count, rounded up from the reading's UTC time. The date is Treasury's, and the sentence names it.
Effective Federal Funds Rate: The Effective Federal Funds Rate (EFFR), in percent: the New York Fed's volume weighted median of overnight federal funds lending between banks, each business day, published about 9:00 the next business day, New York time. Business days only: a weekend or holiday date reads the business day before it. Subject to the New York Fed's Terms of Use; PreReason is not affiliated with the New York Fed. Primary US monetary policy stance indicator.
ECB Deposit Facility Rate: The European Central Bank's deposit facility rate, in percent: the rate paid on overnight deposits placed by euro area banks, the de facto floor of the ECB policy corridor. From the ECB's own daily series, which gives the rate in force on every calendar day; read at 11:05, 12:05 and 18:05 UTC, so a day's rate is stored by about midday UTC.
Bank of Japan Policy Rate: The Bank of Japan's policy rate, in percent: its guideline for the uncollateralized overnight call rate, daily, as the BIS compiles central bank policy rates (it names the Bank of Japan as its source and posts about a week behind a decision). Read since 2026-10-01; until then this name served the OECD's Japan 3 month interbank rate, which ran above the policy rate. Anchors the carry trade yield differential.
USD/JPY Exchange Rate: Yen per US dollar (USD/JPY), from the Federal Reserve Board H.10 release, each business day. Higher means a weaker yen. Combined with fed-boj-spread for the full carry-trade-returns-proxy calculation.
Europe Brent Spot Price FOB (EIA): Europe Brent spot price, FOB, in USD per barrel, from the U.S. Energy Information Administration (EIA, series RBRTE), daily. A spot price, which can differ from the ICE Brent futures quote.
WTI Crude Oil Spot Price: West Texas Intermediate crude oil spot price at Cushing OK in USD per barrel, from the U.S. Energy Information Administration (EIA), daily. The US oil benchmark.
Weekly U.S. Crude Oil Ending Stocks: US commercial crude oil stocks, excluding the Strategic Petroleum Reserve, in thousand barrels (EIA WCESTUS1, weekly).
Weekly Working Gas in Storage (Lower 48): Total working natural gas in underground storage in the Lower 48 states, billion cubic feet (EIA NW2_EPG0_SWO_R48_BCF, weekly).
GLD Daily Volume: SPDR Gold Shares (GLD) daily share volume (Yahoo Finance). Foundation for etf-gld-volume-zscore-30d.
USO Daily Volume: United States Oil Fund (USO) daily share volume (Yahoo Finance). Foundation for etf-uso-volume-zscore-30d.
UUP Daily Volume: Invesco DB US Dollar (UUP) daily share volume (Yahoo Finance). Foundation for etf-uup-volume-zscore-30d.
SPY (S&P 500 ETF): SPDR S&P 500 ETF Trust - proxy for S&P 500 index (updates every 15 min)
QQQ (Nasdaq 100 ETF): Invesco QQQ Trust - proxy for Nasdaq 100 index (updates every 15 min)
IWM (Russell 2000 ETF): iShares Russell 2000 ETF - small cap proxy (updates every 15 min)
VXX (VIX Futures ETN): Price of the iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX), an exchange traded note issued by Barclays Bank PLC that tracks short-term VIX futures: a note, not a fund, and not the VIX index level (updates every 15 min)
UUP (US Dollar ETF): Share price of the Invesco DB US Dollar Index Bullish Fund (UUP), a proxy for the dollar index (DXY), not the index level (updates every 15 min)
GLD (Gold ETF): SPDR Gold Shares, a gold fund: its share price, which follows gold but is not an ounce of gold (read every 15 minutes in US market hours)
GDX (Gold Miners ETF): VanEck Gold Miners ETF - basket of senior gold mining equities. GLD/GDX ratio is a classic miner-margin proxy.
GDXJ (Junior Gold Miners ETF): VanEck Junior Gold Miners ETF - basket of junior/exploration gold miners. GDXJ/GDX ratio tracks juniors against senior miners.
SLV (Silver ETF): iShares Silver Trust - silver bullion proxy (updates every 15 min during market hours)
SIL (Silver Miners ETF): Global X Silver Miners ETF - silver mining equity basket. SLV/SIL ratio mirrors the GLD/GDX ratio in silver.
CPER (Copper Fund): United States Copper Index Fund - SummerHaven Copper Index Total Return tracking ETF (updates every 15 min during market hours)
WEAT (Wheat Fund): Teucrium Wheat Fund - CBOT wheat futures-tracking ETF (updates every 15 min during market hours)
TLT (Long Treasury ETF): iShares 20+ Year Treasury Bond ETF - long-duration Treasury bond proxy (updates every 15 min during market hours)
IBIT (Spot Bitcoin ETF): iShares Bitcoin Trust - largest spot BTC ETF, intraday quote source for btc.etf-flows briefing (updates every 15 min during market hours)
S&P 500 Noncommercial Net Position: Noncommercial (speculative) long minus short contracts in E-mini S&P 500 futures (CME): PreReason's calculation from the weekly CFTC Commitments of Traders legacy report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
S&P 500 Noncommercial Net, 26 Week Percentile: Where this week's S&P 500 e-mini noncommercial net position ranks among the prior 26 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
S&P 500 Noncommercial Net, 52 Week Percentile: Where this week's S&P 500 e-mini noncommercial net position ranks among the prior 52 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
S&P 500 Noncommercial Net, 156 Week Percentile: Where this week's S&P 500 e-mini noncommercial net position ranks among the prior 156 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Gold Noncommercial Net Position: Noncommercial (speculative) long minus short contracts in COMEX gold futures: PreReason's calculation from the weekly CFTC Commitments of Traders legacy report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
Gold Noncommercial Net, 26 Week Percentile: Where this week's Gold noncommercial net position ranks among the prior 26 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Gold Noncommercial Net, 52 Week Percentile: Where this week's Gold noncommercial net position ranks among the prior 52 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Gold Noncommercial Net, 156 Week Percentile: Where this week's Gold noncommercial net position ranks among the prior 156 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Crude Oil Noncommercial Net Position: Noncommercial (speculative) long minus short contracts in NYMEX WTI crude oil futures: PreReason's calculation from the weekly CFTC Commitments of Traders legacy report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
Crude Oil Noncommercial Net, 26 Week Percentile: Where this week's WTI crude noncommercial net position ranks among the prior 26 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Crude Oil Noncommercial Net, 52 Week Percentile: Where this week's WTI crude noncommercial net position ranks among the prior 52 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Crude Oil Noncommercial Net, 156 Week Percentile: Where this week's WTI crude noncommercial net position ranks among the prior 156 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
JPY Noncommercial Net Position: Noncommercial (speculative) long minus short contracts in CME Japanese yen futures: PreReason's calculation from the weekly CFTC Commitments of Traders legacy report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
JPY Noncommercial Net, 26 Week Percentile: Where this week's Japanese yen noncommercial net position ranks among the prior 26 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
JPY Noncommercial Net, 52 Week Percentile: Where this week's Japanese yen noncommercial net position ranks among the prior 52 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
JPY Noncommercial Net, 156 Week Percentile: Where this week's Japanese yen noncommercial net position ranks among the prior 156 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
EUR Noncommercial Net Position: Noncommercial (speculative) long minus short contracts in CME euro FX futures: PreReason's calculation from the weekly CFTC Commitments of Traders legacy report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
EUR Noncommercial Net, 26 Week Percentile: Where this week's Euro FX noncommercial net position ranks among the prior 26 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
EUR Noncommercial Net, 52 Week Percentile: Where this week's Euro FX noncommercial net position ranks among the prior 52 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
EUR Noncommercial Net, 156 Week Percentile: Where this week's Euro FX noncommercial net position ranks among the prior 156 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
10Y Treasury Noncommercial Net Position: Noncommercial (speculative) long minus short contracts in CBOT 10 year Treasury note futures: PreReason's calculation from the weekly CFTC Commitments of Traders legacy report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
10Y Treasury Noncommercial Net, 26 Week Percentile: Where this week's 10Y Treasury note noncommercial net position ranks among the prior 26 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
10Y Treasury Noncommercial Net, 52 Week Percentile: Where this week's 10Y Treasury note noncommercial net position ranks among the prior 52 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
10Y Treasury Noncommercial Net, 156 Week Percentile: Where this week's 10Y Treasury note noncommercial net position ranks among the prior 156 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Copper Noncommercial Net Position: Noncommercial (speculative) long minus short contracts in COMEX copper futures: PreReason's calculation from the weekly CFTC Commitments of Traders legacy report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
Copper Noncommercial Net, 26 Week Percentile: Where this week's Copper noncommercial net position ranks among the prior 26 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Copper Noncommercial Net, 52 Week Percentile: Where this week's Copper noncommercial net position ranks among the prior 52 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Copper Noncommercial Net, 156 Week Percentile: Where this week's Copper noncommercial net position ranks among the prior 156 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Silver Noncommercial Net Position: Noncommercial (speculative) long minus short contracts in COMEX silver futures: PreReason's calculation from the weekly CFTC Commitments of Traders legacy report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
Silver Noncommercial Net, 26 Week Percentile: Where this week's Silver noncommercial net position ranks among the prior 26 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Silver Noncommercial Net, 52 Week Percentile: Where this week's Silver noncommercial net position ranks among the prior 52 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Silver Noncommercial Net, 156 Week Percentile: Where this week's Silver noncommercial net position ranks among the prior 156 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Wheat Noncommercial Net Position: Noncommercial (speculative) long minus short contracts in CBOT soft red winter wheat futures: PreReason's calculation from the weekly CFTC Commitments of Traders legacy report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
Wheat Noncommercial Net, 26 Week Percentile: Where this week's Wheat noncommercial net position ranks among the prior 26 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Wheat Noncommercial Net, 52 Week Percentile: Where this week's Wheat noncommercial net position ranks among the prior 52 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
Wheat Noncommercial Net, 156 Week Percentile: Where this week's Wheat noncommercial net position ranks among the prior 156 weekly CFTC reports, 0 to 100 with ties counted half: 100 is more net long than every report in the window, 0 more net short. PreReason's rank, computed from the CFTC's own history at each release.
SOFR (Secured Overnight Financing Rate): The Secured Overnight Financing Rate (SOFR) in percent: the volume weighted median rate on overnight repo backed by Treasuries, cleared and bilateral, from the New York Fed Markets API. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
SOFR 1st Percentile: The 1st percentile of the day's volume weighted distribution of SOFR transactions (overnight repo backed by Treasuries, cleared and bilateral), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
SOFR 25th Percentile: The 25th percentile of the day's volume weighted distribution of SOFR transactions (overnight repo backed by Treasuries, cleared and bilateral), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
SOFR 75th Percentile: The 75th percentile of the day's volume weighted distribution of SOFR transactions (overnight repo backed by Treasuries, cleared and bilateral), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
SOFR 99th Percentile: The 99th percentile of the day's volume weighted distribution of SOFR transactions (overnight repo backed by Treasuries, cleared and bilateral), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
SOFR Volume: The volume of overnight repo backed by Treasuries, cleared and bilateral underlying the SOFR, in billions of US dollars. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
BGCR (Broad General Collateral Rate): The Broad General Collateral Rate (BGCR) in percent: the volume weighted median rate on overnight general collateral Treasury repo, tri party and cleared, from the New York Fed Markets API. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
BGCR 1st Percentile: The 1st percentile of the day's volume weighted distribution of BGCR transactions (overnight general collateral Treasury repo, tri party and cleared), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
BGCR 25th Percentile: The 25th percentile of the day's volume weighted distribution of BGCR transactions (overnight general collateral Treasury repo, tri party and cleared), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
BGCR 75th Percentile: The 75th percentile of the day's volume weighted distribution of BGCR transactions (overnight general collateral Treasury repo, tri party and cleared), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
BGCR 99th Percentile: The 99th percentile of the day's volume weighted distribution of BGCR transactions (overnight general collateral Treasury repo, tri party and cleared), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
BGCR Volume: The volume of overnight general collateral Treasury repo, tri party and cleared underlying the BGCR, in billions of US dollars. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
TGCR (Tri-Party General Collateral Rate): The Tri-Party General Collateral Rate (TGCR) in percent: the volume weighted median rate on overnight general collateral Treasury repo through the tri party platform, from the New York Fed Markets API. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
TGCR 1st Percentile: The 1st percentile of the day's volume weighted distribution of TGCR transactions (overnight general collateral Treasury repo through the tri party platform), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
TGCR 25th Percentile: The 25th percentile of the day's volume weighted distribution of TGCR transactions (overnight general collateral Treasury repo through the tri party platform), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
TGCR 75th Percentile: The 75th percentile of the day's volume weighted distribution of TGCR transactions (overnight general collateral Treasury repo through the tri party platform), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
TGCR 99th Percentile: The 99th percentile of the day's volume weighted distribution of TGCR transactions (overnight general collateral Treasury repo through the tri party platform), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
TGCR Volume: The volume of overnight general collateral Treasury repo through the tri party platform underlying the TGCR, in billions of US dollars. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
EFFR (Effective Federal Funds Rate): The Effective Federal Funds Rate (EFFR) in percent: the volume weighted median rate on overnight unsecured federal funds lending between banks, from the New York Fed Markets API. The same rate is served as fed-funds-rate, dated by its rate day. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
EFFR 1st Percentile: The 1st percentile of the day's volume weighted distribution of EFFR transactions (overnight unsecured federal funds lending between banks), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
EFFR 25th Percentile: The 25th percentile of the day's volume weighted distribution of EFFR transactions (overnight unsecured federal funds lending between banks), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
EFFR 75th Percentile: The 75th percentile of the day's volume weighted distribution of EFFR transactions (overnight unsecured federal funds lending between banks), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
EFFR 99th Percentile: The 99th percentile of the day's volume weighted distribution of EFFR transactions (overnight unsecured federal funds lending between banks), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
EFFR Volume: The volume of overnight unsecured federal funds lending between banks underlying the EFFR, in billions of US dollars. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
OBFR (Overnight Bank Funding Rate): The Overnight Bank Funding Rate (OBFR) in percent: the volume weighted median rate on overnight unsecured bank borrowing in federal funds and Eurodollars, from the New York Fed Markets API. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
OBFR 1st Percentile: The 1st percentile of the day's volume weighted distribution of OBFR transactions (overnight unsecured bank borrowing in federal funds and Eurodollars), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
OBFR 25th Percentile: The 25th percentile of the day's volume weighted distribution of OBFR transactions (overnight unsecured bank borrowing in federal funds and Eurodollars), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
OBFR 75th Percentile: The 75th percentile of the day's volume weighted distribution of OBFR transactions (overnight unsecured bank borrowing in federal funds and Eurodollars), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
OBFR 99th Percentile: The 99th percentile of the day's volume weighted distribution of OBFR transactions (overnight unsecured bank borrowing in federal funds and Eurodollars), in percent: the spread between the tails and the median shows how evenly the market cleared. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
OBFR Volume: The volume of overnight unsecured bank borrowing in federal funds and Eurodollars underlying the OBFR, in billions of US dollars. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.
US Treasury Holdings, All Foreign Holders: US Treasury bills, bonds and notes held by foreign residents at month end, billions of dollars, from Treasury's TIC Table 5 (Major Foreign Holders). Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
US Treasury Holdings, Foreign Official Institutions: US Treasury bills, bonds and notes held by foreign official institutions at month end, billions of dollars, from Treasury's TIC Table 5 (Major Foreign Holders). Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
US Treasury Holdings, Japan: US Treasury bills, bonds and notes held through Japan at month end, billions of dollars, from Treasury's TIC Table 5 (Major Foreign Holders). Counted by where the custodian sits, which is not always the owner's country (TIC FAQ 7), so financial centers such as Belgium, Luxembourg, the Cayman Islands and the United Kingdom hold for others. Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
US Treasury Holdings, United Kingdom: US Treasury bills, bonds and notes held through United Kingdom at month end, billions of dollars, from Treasury's TIC Table 5 (Major Foreign Holders). Counted by where the custodian sits, which is not always the owner's country (TIC FAQ 7), so financial centers such as Belgium, Luxembourg, the Cayman Islands and the United Kingdom hold for others. Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
US Treasury Holdings, China (Mainland): US Treasury bills, bonds and notes held through China (Mainland) at month end, billions of dollars, from Treasury's TIC Table 5 (Major Foreign Holders). Counted by where the custodian sits, which is not always the owner's country (TIC FAQ 7), so financial centers such as Belgium, Luxembourg, the Cayman Islands and the United Kingdom hold for others. Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
US Treasury Holdings, Belgium: US Treasury bills, bonds and notes held through Belgium at month end, billions of dollars, from Treasury's TIC Table 5 (Major Foreign Holders). Counted by where the custodian sits, which is not always the owner's country (TIC FAQ 7), so financial centers such as Belgium, Luxembourg, the Cayman Islands and the United Kingdom hold for others. Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
US Treasury Holdings, Cayman Islands: US Treasury bills, bonds and notes held through Cayman Islands at month end, billions of dollars, from Treasury's TIC Table 5 (Major Foreign Holders). Counted by where the custodian sits, which is not always the owner's country (TIC FAQ 7), so financial centers such as Belgium, Luxembourg, the Cayman Islands and the United Kingdom hold for others. Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
US Treasury Holdings, Luxembourg: US Treasury bills, bonds and notes held through Luxembourg at month end, billions of dollars, from Treasury's TIC Table 5 (Major Foreign Holders). Counted by where the custodian sits, which is not always the owner's country (TIC FAQ 7), so financial centers such as Belgium, Luxembourg, the Cayman Islands and the United Kingdom hold for others. Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
US Treasury Holdings, Canada: US Treasury bills, bonds and notes held through Canada at month end, billions of dollars, from Treasury's TIC Table 5 (Major Foreign Holders). Counted by where the custodian sits, which is not always the owner's country (TIC FAQ 7), so financial centers such as Belgium, Luxembourg, the Cayman Islands and the United Kingdom hold for others. Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
US Treasury Holdings, Ireland: US Treasury bills, bonds and notes held through Ireland at month end, billions of dollars, from Treasury's TIC Table 5 (Major Foreign Holders). Counted by where the custodian sits, which is not always the owner's country (TIC FAQ 7), so financial centers such as Belgium, Luxembourg, the Cayman Islands and the United Kingdom hold for others. Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
US Treasury Holdings, France: US Treasury bills, bonds and notes held through France at month end, billions of dollars, from Treasury's TIC Table 5 (Major Foreign Holders). Counted by where the custodian sits, which is not always the owner's country (TIC FAQ 7), so financial centers such as Belgium, Luxembourg, the Cayman Islands and the United Kingdom hold for others. Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
US Treasury Holdings, Taiwan: US Treasury bills, bonds and notes held through Taiwan at month end, billions of dollars, from Treasury's TIC Table 5 (Major Foreign Holders). Counted by where the custodian sits, which is not always the owner's country (TIC FAQ 7), so financial centers such as Belgium, Luxembourg, the Cayman Islands and the United Kingdom hold for others. Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
Net Foreign Purchases, All Long Term US Securities: Net foreign purchases of long term US securities of every type in the month, millions of dollars, from Treasury's TIC Table 1 (net US sales to foreign residents, positive when foreign holdings rise). Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
Net Foreign Purchases, US Treasuries: Net foreign purchases of US Treasury bonds and notes in the month, millions of dollars, from Treasury's TIC Table 1 (net US sales to foreign residents, positive when foreign holdings rise). Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
Net Foreign Purchases, US Agency Bonds: Net foreign purchases of US agency bonds in the month, millions of dollars, from Treasury's TIC Table 1 (net US sales to foreign residents, positive when foreign holdings rise). Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
Net Foreign Purchases, US Corporate and Other Bonds: Net foreign purchases of US corporate and other bonds in the month, millions of dollars, from Treasury's TIC Table 1 (net US sales to foreign residents, positive when foreign holdings rise). Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
Net Foreign Purchases, US Equities: Net foreign purchases of US equities and fund shares in the month, millions of dollars, from Treasury's TIC Table 1 (net US sales to foreign residents, positive when foreign holdings rise). Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
Net Foreign Purchases, US Treasuries, Foreign Official: Net foreign purchases of US Treasury bonds and notes, by foreign official institutions in the month, millions of dollars, from Treasury's TIC Table 1 (net US sales to foreign residents, positive when foreign holdings rise). Monthly, released about six weeks after the month ends at 4 p.m. Washington time; each value is stamped with its first release.
Korea Exports, First 20 Days of the Month: South Korea's exports for the first 20 days of the month, millions of US dollars, from Korea Customs Service's own release. Released about the 21st of each month at 09:00 Seoul time as a preliminary count by declaration acceptance date; each release is stored as its own version, stamped with its release time, and Korea Customs may correct a window until the year's statistics are final in the February after.
Korea Semiconductor Exports, First 20 Days of the Month: South Korea's semiconductor exports for the first 20 days of the month, millions of US dollars, from Korea Customs Service's own release (its commodity classification, 성질별 분류). Released about the 21st of each month at 09:00 Seoul time as a preliminary count by declaration acceptance date; each release is stored as its own version, stamped with its release time, and Korea Customs may correct a window until the year's statistics are final in the February after.
Lower 48 States Electricity Demand, Daily (EIA-930): United States Lower 48's electricity demand for a day, in megawatthours: EIA's own daily figure from its Hourly Electric Grid Monitor (Form EIA-930), the day counted in Eastern time, stored once every hour of the day is in. As PreReason read it once EIA's figures had settled, no earlier than 11:00 Eastern two days after the day; EIA may revise its hourly figures later, and a later revision is not read.
ERCOT (Texas) Electricity Demand, Daily (EIA-930): Electric Reliability Council of Texas, Inc.'s electricity demand for a day, in megawatthours: EIA's own daily figure from its Hourly Electric Grid Monitor (Form EIA-930), the day counted in Central time, stored once every hour of the day is in. As PreReason read it once EIA's figures had settled, no earlier than 11:00 Eastern two days after the day; EIA may revise its hourly figures later, and a later revision is not read.
PJM Electricity Demand, Daily (EIA-930): PJM Interconnection, LLC's electricity demand for a day, in megawatthours: EIA's own daily figure from its Hourly Electric Grid Monitor (Form EIA-930), the day counted in Eastern time, stored once every hour of the day is in. As PreReason read it once EIA's figures had settled, no earlier than 11:00 Eastern two days after the day; EIA may revise its hourly figures later, and a later revision is not read.
Standing Repo Facility, Accepted a Day (New York Fed): The dollars the Federal Reserve's standing repo facility accepted on a business day, over all its operations, in US dollars: from the New York Fed's own Markets API (repo operation results), read once the day's last operation has closed.
Bank of Canada Policy Rate: The Bank of Canada's policy rate, in percent: its target for the overnight rate, daily, as the BIS compiles central bank policy rates (WS_CBPOL), which names the bank as its source; the BIS does not endorse PreReason. Each value is served with the day it is for. The BIS posts its days about a week behind a decision.
Reserve Bank of Australia Cash Rate Target: The Reserve Bank of Australia's cash rate target, in percent, daily, as the BIS compiles central bank policy rates (WS_CBPOL), which names the bank as its source; the BIS does not endorse PreReason. Each value is served with the day it is for. The BIS posts its days about a week behind a decision.
Reserve Bank of New Zealand Official Cash Rate: The Reserve Bank of New Zealand's official cash rate, in percent, daily, as the BIS compiles central bank policy rates (WS_CBPOL), which names the bank as its source; the BIS does not endorse PreReason. Each value is served with the day it is for. The BIS posts its days about a week behind a decision.
Swiss National Bank Policy Rate: The Swiss National Bank's policy rate, in percent (it may sit at or below zero), daily, as the BIS compiles central bank policy rates (WS_CBPOL), which names the bank as its source; the BIS does not endorse PreReason. Each value is served with the day it is for. The BIS posts its days about a week behind a decision.
Sveriges Riksbank Policy Rate: Sveriges Riksbank's policy rate, in percent: its fixed repo rate, daily, as the BIS compiles central bank policy rates (WS_CBPOL), which names the bank as its source; the BIS does not endorse PreReason. Each value is served with the day it is for. The BIS posts its days about a week behind a decision.
Norges Bank Policy Rate: Norges Bank's policy rate, in percent: the rate on banks' deposits in Norges Bank, daily, as the BIS compiles central bank policy rates (WS_CBPOL), which names the bank as its source; the BIS does not endorse PreReason. Each value is served with the day it is for. The BIS posts its days about a week behind a decision.
People's Bank of China 1 Year Loan Prime Rate: China's one year Loan Prime Rate, in percent, which the BIS uses as China's policy rate since 2019-08-20 (not the People's Bank of China's seven day reverse repo rate), daily, as the BIS compiles central bank policy rates (WS_CBPOL), which names the bank as its source; the BIS does not endorse PreReason. Each value is served with the day it is for. The BIS posts its days about a week behind a decision.
Bank of Korea Base Rate: The Bank of Korea's base rate, in percent, daily, as the BIS compiles central bank policy rates (WS_CBPOL), which names the bank as its source; the BIS does not endorse PreReason. Each value is served with the day it is for. The BIS posts Korea's days late: on 2026-10-03 its newest was 2026-08-28, about five weeks behind, so check the value's date.
Reserve Bank of India Repo Rate: The Reserve Bank of India's policy repo rate, in percent, daily, as the BIS compiles central bank policy rates (WS_CBPOL), which names the bank as its source; the BIS does not endorse PreReason. Each value is served with the day it is for. The BIS posts India's days very late: on 2026-10-03 its newest was 2026-07-23, about two and a half months behind, so check the value's date.
Bank of England Bank Rate: The Bank of England's Bank Rate, in percent, daily, as the BIS compiles central bank policy rates (WS_CBPOL), which names the bank as its source; the BIS does not endorse PreReason. Each value is served with the day it is for. The BIS posts its days about a week behind a decision. Read from the BIS since 2026-10-03; the Bank of England's own feed stopped on 2026-09-26, and its rows stay stored and unread.
US Core CPI: US consumer prices less food and energy: the CPI-U index for all items less food and energy, US city average, seasonally adjusted (1982 to 1984 = 100), monthly, from the U.S. Bureau of Labor Statistics, with every revision kept from 2026-10-04
US U-6 Unemployment Rate: The broadest US unemployment measure (U-6): the unemployed, the marginally attached and those working part time for economic reasons, as a percent of the labor force plus the marginally attached, seasonally adjusted, monthly, from the U.S. Bureau of Labor Statistics, with every revision kept from 2026-10-04
US Labor Force Participation Rate: The share of the US civilian population aged 16 and over working or looking for work, seasonally adjusted, in percent, monthly, from the U.S. Bureau of Labor Statistics, with every revision kept from 2026-10-04
US Average Hourly Earnings: Average hourly earnings of all employees on US private payrolls, in dollars, seasonally adjusted, monthly, from the U.S. Bureau of Labor Statistics payroll survey (first, second and third estimates and the annual benchmark), with every revision kept from 2026-10-04
Gold, monthly average (World Bank): Gold price as the World Bank publishes it, in US dollars per troy ounce: a MONTHLY AVERAGE, never a spot quote, posted early each month for the month before. Source: World Bank, Commodity Price Data (The Pink Sheet), CC BY 4.0.
Silver, monthly average (World Bank): Silver price as the World Bank publishes it, in US dollars per troy ounce: a MONTHLY AVERAGE, never a spot quote, posted early each month for the month before. Source: World Bank, Commodity Price Data (The Pink Sheet), CC BY 4.0.
Copper (LME grade A), monthly average (World Bank): Copper (LME grade A) price as the World Bank publishes it, in US dollars per metric ton: a MONTHLY AVERAGE, never a spot quote, posted early each month for the month before. Source: World Bank, Commodity Price Data (The Pink Sheet), CC BY 4.0.
Wheat (US soft red winter), monthly average (World Bank): Wheat (US soft red winter) price as the World Bank publishes it, in US dollars per metric ton: a MONTHLY AVERAGE, never a spot quote, posted early each month for the month before. Source: World Bank, Commodity Price Data (The Pink Sheet), CC BY 4.0.
Bank Reserves (week average): Reserve balances that depository institutions hold at the Federal Reserve Banks, the week average, in millions of US dollars: weekly, from the Federal Reserve Board's own H.4.1 release, posted each Thursday afternoon.
NY Fed SOMA Holdings: The Federal Reserve's System Open Market Account holdings in total, at par value, in US dollars: weekly, as of each Wednesday, from the New York Fed's own Markets API.
US Total Public Debt: Total public debt outstanding of the United States, in US dollars: each business day, from the US Treasury's own FiscalData Debt to the Penny dataset.
ECB Total Assets: The Eurosystem's total assets, in millions of euros: weekly, from the European Central Bank's own statistics (SDMX), its weekly financial statement.
Euro Area HICP (19 countries): The euro area's Harmonised Index of Consumer Prices, all items, an index with 2025 = 100, for the euro area of 19 countries, a fixed composition, not the euro area as it stands (21 countries since 2026): monthly, from Eurostat's own dissemination API. The newest month is Eurostat's flash estimate until the final figure replaces it, about two weeks later, and each answer names which it serves (Source: Eurostat (flash estimate), or Source: Eurostat).
Primary Dealer Net Treasury Positions (New York Fed): The primary dealers' net positions in US Treasury securities, in millions of US dollars, weekly: PreReason's calculation, the sum of the seven maturity buckets in the New York Fed's own primary dealer statistics (Markets API).
Fed SOMA Treasury Holdings (New York Fed): The Federal Reserve's System Open Market Account holdings of US Treasury securities, at par value, in US dollars: weekly, as of each Wednesday, from the New York Fed's own Markets API.
EU M3: The euro area's M3 money supply, in euros: monthly, from the European Central Bank's own statistics (SDMX), posted about four weeks after the month ends.
Germany 10Y: Germany's long term government bond yield (about 10 years), in percent: the monthly average the European Central Bank publishes for convergence purposes (SDMX), not a daily close.
France 10Y: France's long term government bond yield (about 10 years), in percent: the monthly average the European Central Bank publishes for convergence purposes (dataset IRS, Source: ECB statistics.), dated the month's first day and posted within about four weeks of the month's end; not a daily close.
Italy 10Y: Italy's long term government bond yield (about 10 years), in percent: the monthly average the European Central Bank publishes for convergence purposes (dataset IRS, Source: ECB statistics.), dated the month's first day and posted within about four weeks of the month's end; not a daily close.
Spain 10Y: Spain's long term government bond yield (about 10 years), in percent: the monthly average the European Central Bank publishes for convergence purposes (dataset IRS, Source: ECB statistics.), dated the month's first day and posted within about four weeks of the month's end; not a daily close.
Portugal 10Y: Portugal's long term government bond yield (about 10 years), in percent: the monthly average the European Central Bank publishes for convergence purposes (dataset IRS, Source: ECB statistics.), dated the month's first day and posted within about four weeks of the month's end; not a daily close.
Greece 10Y: Greece's long term government bond yield (about 10 years), in percent: the monthly average the European Central Bank publishes for convergence purposes (dataset IRS, Source: ECB statistics.), dated the month's first day and posted within about four weeks of the month's end; not a daily close.
Belgium 10Y: Belgium's long term government bond yield (about 10 years), in percent: the monthly average the European Central Bank publishes for convergence purposes (dataset IRS, Source: ECB statistics.), dated the month's first day and posted within about four weeks of the month's end; not a daily close.
France over Germany 10Y Spread: France's long term government bond yield minus Germany's, in percentage points: PreReason's calculation over the two monthly averages the European Central Bank publishes for convergence purposes (dataset IRS, Source: ECB statistics.), for the same month, dated its first day; not a daily spread.
Italy over Germany 10Y Spread: Italy's long term government bond yield minus Germany's, in percentage points: PreReason's calculation over the two monthly averages the European Central Bank publishes for convergence purposes (dataset IRS, Source: ECB statistics.), for the same month, dated its first day; not a daily spread.
Spain over Germany 10Y Spread: Spain's long term government bond yield minus Germany's, in percentage points: PreReason's calculation over the two monthly averages the European Central Bank publishes for convergence purposes (dataset IRS, Source: ECB statistics.), for the same month, dated its first day; not a daily spread.
Portugal over Germany 10Y Spread: Portugal's long term government bond yield minus Germany's, in percentage points: PreReason's calculation over the two monthly averages the European Central Bank publishes for convergence purposes (dataset IRS, Source: ECB statistics.), for the same month, dated its first day; not a daily spread.
Greece over Germany 10Y Spread: Greece's long term government bond yield minus Germany's, in percentage points: PreReason's calculation over the two monthly averages the European Central Bank publishes for convergence purposes (dataset IRS, Source: ECB statistics.), for the same month, dated its first day; not a daily spread.
Belgium over Germany 10Y Spread: Belgium's long term government bond yield minus Germany's, in percentage points: PreReason's calculation over the two monthly averages the European Central Bank publishes for convergence purposes (dataset IRS, Source: ECB statistics.), for the same month, dated its first day; not a daily spread.
Japan 10Y JGB Yield: The 10-year Japanese government bond yield, in percent, for each Tokyo business day, from the Ministry of Finance's JGB interest rate file (Source: Ministry of Finance, Japan (Interest Rate, JGB)).
Japan 30Y JGB Yield: The 30-year Japanese government bond yield, in percent, for each Tokyo business day, from the Ministry of Finance's JGB interest rate file (Source: Ministry of Finance, Japan (Interest Rate, JGB)).
Japan 40Y JGB Yield: The 40-year Japanese government bond yield, in percent, for each Tokyo business day, from the Ministry of Finance's JGB interest rate file (Source: Ministry of Finance, Japan (Interest Rate, JGB)).
High-Yield Credit (HYG): iShares iBoxx $ High Yield Corporate Bond ETF (HYG) share price in US dollars (Finnhub), updated every 15 minutes during US market hours. A fund's share price, not a credit spread.
Investment Grade Credit (LQD): iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) share price in US dollars (Finnhub), updated every 15 minutes during US market hours. A fund's share price, not a credit spread.
Calculated / Derived Metrics (70)
Treasury 10Y minus 3M Spread: Difference between the 10-year and 3-month Treasury yields (treasury-10y minus treasury-3mo). The spread behind the NY Fed's recession probability model; below zero the curve is inverted.
JPY Carry Trade Returns Proxy: Proxy for short-JPY long-USD carry-trade returns: rate-differential carry from fed-boj-spread combined with USD/JPY spot performance. Positive when the carry is paying off.
Carry Trade Returns Velocity (since latest JPY batch): Change in carry-trade-returns-proxy since the last close before its newest weekly USD/JPY batch. The Federal Reserve Board publishes that FX input (H.10) each Monday for the prior week, so the value holds all week and later rate moves add in. Sharp negative readings are consistent with carry unwinds.
SPY minus IWM 30d Return Spread: SPY's 30 day return minus IWM's, in percentage points: positive while small caps lag the broad market, negative while they lead.
SPY-VXX 30d Correlation: Rolling 30-day Pearson correlation of daily SPY and VXX returns. Normally strongly negative.
Regime Stability Flag: Count of cross-regime inputs (net-liquidity, dollar strength (UUP), treasury-10y, hash-ribbon, SPY, VXX) that flipped 7d direction over the last 24h. 0 = perfectly stable; 6 = chaotic.
10-Year Real Treasury Rate: Treasury 10Y nominal yield minus 10Y breakeven inflation (treasury-10y minus breakeven-10y, both on the same day).
GLD / GDX Price Ratio: The share price of the gold fund (GLD) divided by that of the senior gold miners fund (GDX), not a ratio of metal prices. Rising = miners lagging gold (miner-margin compression). Falling = miners outpacing gold.
CPER / GLD Price Ratio: The share price of the copper fund (CPER) divided by that of the gold fund (GLD), not the copper to gold price ratio, which is quoted in different units. Rising = copper outpacing gold. Falling = gold outpacing copper.
SLV / SIL Price Ratio: The share price of the silver fund (SLV) divided by that of the silver miners fund (SIL). Mirrors the GLD/GDX ratio in silver.
GDXJ / GDX Price Ratio: The share price of the junior gold miners fund (GDXJ) divided by that of the senior gold miners fund (GDX). Rising = juniors outpacing seniors. Falling = seniors outpacing juniors.
GLD / SLV Price Ratio: The share price of the gold fund (GLD) divided by that of the silver fund (SLV), near 7, not the gold to silver price ratio near 70 that the metals markets quote. Rising = gold outpacing silver. Falling = silver outpacing gold.
Brent-WTI Spread: International (Brent) minus US (WTI) crude oil price in USD per barrel. Wider Brent premium reflects supply tightness in international waters (e.g., shipping disruptions). Negative readings (WTI > Brent) often coincide with US oversupply.
WTI 30 Day Realised Volatility: How much WTI crude moved over the last 30 trading days, annualised, in percent. Computed by PreReason from EIA daily spot prices. Backward looking: not an implied volatility index.
GLD 1h Velocity: 1-hour percentage change in SPDR Gold Shares (GLD) intraday quote. Measures gold-spot tape acceleration during market hours.
CPER 1h Velocity: 1-hour percentage change in United States Copper Index Fund (CPER), served during market hours.
UUP 1h Velocity: 1-hour percentage change in Invesco DB US Dollar ETF (UUP), served during market hours.
Crude Oil Inventory Seasonal Z Score: Weekly EIA crude oil ending stocks (excluding the SPR) against the same week of the year in the prior five years, in standard deviations. Positive means stocks sit above that seasonal norm, negative means below.
Natural Gas Storage Seasonal Z Score: Weekly EIA working gas in storage for the Lower 48 against the same week of the year in the prior five years, in standard deviations. Positive means storage sits above that seasonal norm, negative means below.
ECB minus BOJ Policy Spread: Difference between the ECB Deposit Facility rate and the BOJ short-term policy rate.
GLD Volume 30d Z-Score: Rolling 30-day Z-score of GLD daily volume. Positive = above-trend volume (heavy participation); negative = below-trend (thin participation). Used to confirm a gold price move by the volume behind it.
USO Volume 30d Z-Score: Rolling 30-day Z-score of USO daily volume. Used to confirm an oil price move by the volume behind it.
UUP Volume 30d Z-Score: Rolling 30-day Z-score of UUP daily volume. Used to confirm a dollar move by the volume behind it.
Net Liquidity: Net liquidity proxy - Fed balance sheet minus reverse repo and Treasury account balances
Hash Ribbon: Hash rate momentum indicator - 30-day vs 60-day moving average ratio
USDT Dominance: USDT share of total crypto market cap, as CoinGecko states it (served from 2026-10-01)
BTC 200-Day MA: 200-day simple moving average of BTC price
BTC Distance from 200D MA: Percentage distance of BTC price from its 200-day MA, positive above it and negative below
Spot BTC ETF Net Flow (Daily): Daily net inflow/outflow across all US spot Bitcoin ETFs in USD millions (Farside Investors)
Spot BTC ETF Cumulative Flow: Cumulative net inflows over tracked history in USD millions. NOT inception-to-date: the upstream table is a rolling window, so metadata.coverage_from states the true start and metadata.covers_launch_epoch says whether Jan 2024 is included.
Spot BTC ETF Total AUM: Aggregate assets under management across all US spot Bitcoin ETFs in USD millions: PreReason's calculation, the sum of each issuer's AUM as stockanalysis.com publishes it
BTC 1-Hour Price Change %: Percentage change in Bitcoin price over the last hour, derived from price history (hourly cadence)
Raw Hashprice (Tick): Hashprice (USD per TH/s/day) recomputed on every CoinGecko price tick using the same formula as hourly hashprice
On-Chain Velocity (30d): Rolling 30-day on-chain transaction volume divided by current Bitcoin market cap, measuring network throughput intensity
Bitcoin Volume Z-Score (30d): D-097 confirmation/exhaustion overlay: standard-deviation distance of current 24h volume from the trailing 30-day mean
BTC Perp Open Interest (contracts): Open interest expressed in BTC contracts rather than dollars (okx-btc-open-interest / bitcoin-price, timestamp-matched). The stored USD figure rises mechanically with price, so a rising dollar reading can coincide with contracts being closed.
BTC Perp Positioning Regime: Which of four positioning regimes the last 24h sits in, from the sign of the price move against the sign of the contract change. +2 new longs, +1 short covering, -1 long liquidation, -2 new shorts, 0 no clear regime. Sign is tape direction; magnitude is whether leverage is building or closing.
BTC Perp Funding Z-Score (30d): Standard-deviation distance of the current 8-hour perpetual funding rate from its trailing 30-day mean. Reads whether a price move was paid for by crowded leverage or happened without one.
Bitcoin 7 Day Realised Volatility: How much Bitcoin moved over the last 7 days, annualised, in percent. Computed by PreReason from the daily Bitcoin closes it stores (CoinGecko's, or Coinbase's or Kraken's on the days theirs was the last price), from 2025-09-01. Backward looking: not an implied volatility index.
Bitcoin 30 Day Realised Volatility: How much Bitcoin moved over the last 30 days, annualised, in percent. Computed by PreReason from the daily Bitcoin closes it stores (CoinGecko's, or Coinbase's or Kraken's on the days theirs was the last price), from 2025-09-01. Backward looking: not an implied volatility index.
Bitcoin 90 Day Realised Volatility: How much Bitcoin moved over the last 90 days, annualised, in percent. Computed by PreReason from the daily Bitcoin closes it stores (CoinGecko's, or Coinbase's or Kraken's on the days theirs was the last price), from 2025-09-01. Backward looking: not an implied volatility index.
Primary Dealer Share, 2 Year Note Auctions (from US Treasury Auction Results): The primary dealer share of the competitive awards at each 2 year note auction, in percent: one reading per auction, at its close, computed by PreReason from the US Treasury's own auction results (Fiscal Data, auctions query): the primary dealers' accepted amount over all competitive awards. Nominal coupon auctions only; inflation protected securities are left out.
Primary Dealer Share, 3 Year Note Auctions (from US Treasury Auction Results): The primary dealer share of the competitive awards at each 3 year note auction, in percent: one reading per auction, at its close, computed by PreReason from the US Treasury's own auction results (Fiscal Data, auctions query): the primary dealers' accepted amount over all competitive awards. Nominal coupon auctions only; inflation protected securities are left out.
Primary Dealer Share, 5 Year Note Auctions (from US Treasury Auction Results): The primary dealer share of the competitive awards at each 5 year note auction, in percent: one reading per auction, at its close, computed by PreReason from the US Treasury's own auction results (Fiscal Data, auctions query): the primary dealers' accepted amount over all competitive awards. Nominal coupon auctions only; inflation protected securities are left out.
Primary Dealer Share, 7 Year Note Auctions (from US Treasury Auction Results): The primary dealer share of the competitive awards at each 7 year note auction, in percent: one reading per auction, at its close, computed by PreReason from the US Treasury's own auction results (Fiscal Data, auctions query): the primary dealers' accepted amount over all competitive awards. Nominal coupon auctions only; inflation protected securities are left out.
Primary Dealer Share, 10 Year Note Auctions (from US Treasury Auction Results): The primary dealer share of the competitive awards at each 10 year note auction, in percent: one reading per auction, at its close, computed by PreReason from the US Treasury's own auction results (Fiscal Data, auctions query): the primary dealers' accepted amount over all competitive awards. Nominal coupon auctions only; inflation protected securities are left out.
Primary Dealer Share, 20 Year Bond Auctions (from US Treasury Auction Results): The primary dealer share of the competitive awards at each 20 year bond auction, in percent: one reading per auction, at its close, computed by PreReason from the US Treasury's own auction results (Fiscal Data, auctions query): the primary dealers' accepted amount over all competitive awards. Nominal coupon auctions only; inflation protected securities are left out.
Primary Dealer Share, 30 Year Bond Auctions (from US Treasury Auction Results): The primary dealer share of the competitive awards at each 30 year bond auction, in percent: one reading per auction, at its close, computed by PreReason from the US Treasury's own auction results (Fiscal Data, auctions query): the primary dealers' accepted amount over all competitive awards. Nominal coupon auctions only; inflation protected securities are left out.
Lower 48 States Peak Hourly Electricity Demand (from EIA-930 Hourly Figures): United States Lower 48's highest hourly electricity demand in a day, in megawatts: the highest of EIA's hourly demand figures for the day, as PreReason reads them from EIA-930 (an hour's megawatthours are its average megawatts), the day counted in Eastern time. Not a figure EIA publishes as the day's peak. As PreReason read it once EIA's figures had settled, no earlier than 11:00 Eastern two days after the day; EIA may revise its hourly figures later, and a later revision is not read.
ERCOT (Texas) Peak Hourly Electricity Demand (from EIA-930 Hourly Figures): Electric Reliability Council of Texas, Inc.'s highest hourly electricity demand in a day, in megawatts: the highest of EIA's hourly demand figures for the day, as PreReason reads them from EIA-930 (an hour's megawatthours are its average megawatts), the day counted in Central time. Not a figure EIA publishes as the day's peak. As PreReason read it once EIA's figures had settled, no earlier than 11:00 Eastern two days after the day; EIA may revise its hourly figures later, and a later revision is not read.
PJM Peak Hourly Electricity Demand (from EIA-930 Hourly Figures): PJM Interconnection, LLC's highest hourly electricity demand in a day, in megawatts: the highest of EIA's hourly demand figures for the day, as PreReason reads them from EIA-930 (an hour's megawatthours are its average megawatts), the day counted in Eastern time. Not a figure EIA publishes as the day's peak. As PreReason read it once EIA's figures had settled, no earlier than 11:00 Eastern two days after the day; EIA may revise its hourly figures later, and a later revision is not read.
Ethereum Volume Z-score (30d): How far Ether's 24 hour volume sits from its own 30 day average, in standard deviations: PreReason's calculation from CoinGecko's volumes. Powered by CoinGecko.
ETH 200d Distance: Ether's distance from its own 200 day simple moving average, in percent: PreReason's calculation from CoinGecko's prices. Powered by CoinGecko.
Bitcoin On-Chain Metrics (17)
Bitcoin Price: Current Bitcoin spot price in US dollars, updated every 2 minutes (CoinGecko or Coinbase; each value names its own)
Bitcoin Market Cap: Total Bitcoin market capitalization in USD: CoinGecko's own, or on the Coinbase path PreReason's calculation, the Coinbase price times CoinGecko's published circulating supply as of a date its sentence names
Bitcoin 24h Volume: Total Bitcoin trading volume over the past 24 hours in USD (CoinGecko)
Bitcoin 24h Change: Bitcoin price change percentage over the last 24 hours: CoinGecko's own, or on the Coinbase path PreReason's calculation from its stored prices, 24 hours apart
Bitcoin Dominance: Bitcoin market cap percentage of total crypto market (CoinGecko, served from 2026-08-21, its current measure)
Bitcoin Hash Rate: Total Bitcoin network computational hash rate in EH/s (mempool.space)
Transaction Output Volume, 24h (USD): Bitcoin transaction output volume in the last 24 hours in USD, change included: PreReason's calculation from Blockchair's 24 hour BTC volume times Blockchair's price (Blockchain.com's own USD figure on the days it wrote one, through 2026-08-22)
Active Addresses: Number of active addresses: Coin Metrics' AdrActCnt, the count of unique addresses active on the network that day (Coin Metrics)
USDT Market Cap: Tether (USDT) total market capitalization in USD (CoinGecko, served from 2026-10-01)
CME Bitcoin Dealer Net Position: Long minus short contracts held by dealers and other sell side intermediaries in CME Bitcoin futures (5 BTC a contract): PreReason's calculation from the weekly CFTC Traders in Financial Futures report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
CME Bitcoin Asset Manager Net Position: Long minus short contracts held by asset managers and institutional investors in CME Bitcoin futures (5 BTC a contract): PreReason's calculation from the weekly CFTC Traders in Financial Futures report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
CME Bitcoin Leveraged Funds Net Position: Long minus short contracts held by leveraged funds (hedge funds and CTAs) in CME Bitcoin futures (5 BTC a contract): PreReason's calculation from the weekly CFTC Traders in Financial Futures report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
CME Bitcoin Other Reportable Net Position: Long minus short contracts held by other reportable traders in CME Bitcoin futures (5 BTC a contract): PreReason's calculation from the weekly CFTC Traders in Financial Futures report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
CME Bitcoin Nonreportable Net Position: Long minus short contracts held by traders below the reporting threshold in CME Bitcoin futures (5 BTC a contract): PreReason's calculation from the weekly CFTC Traders in Financial Futures report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
CME Bitcoin Futures Open Interest: Open interest in CME Bitcoin futures (5 BTC a contract), from the weekly CFTC Traders in Financial Futures report, futures only. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
Ethereum Metrics (9)
CME Ether Dealer Net Position: Long minus short contracts held by dealers and other sell side intermediaries in CME Ether futures (50 ETH a contract): PreReason's calculation from the weekly CFTC Traders in Financial Futures report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
CME Ether Asset Manager Net Position: Long minus short contracts held by asset managers and institutional investors in CME Ether futures (50 ETH a contract): PreReason's calculation from the weekly CFTC Traders in Financial Futures report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
CME Ether Leveraged Funds Net Position: Long minus short contracts held by leveraged funds (hedge funds and CTAs) in CME Ether futures (50 ETH a contract): PreReason's calculation from the weekly CFTC Traders in Financial Futures report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
CME Ether Other Reportable Net Position: Long minus short contracts held by other reportable traders in CME Ether futures (50 ETH a contract): PreReason's calculation from the weekly CFTC Traders in Financial Futures report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
CME Ether Nonreportable Net Position: Long minus short contracts held by traders below the reporting threshold in CME Ether futures (50 ETH a contract): PreReason's calculation from the weekly CFTC Traders in Financial Futures report, futures only, which prints the long and the short. Positive is net long. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
CME Ether Futures Open Interest: Open interest in CME Ether futures (50 ETH a contract), from the weekly CFTC Traders in Financial Futures report, futures only. Positions as of Tuesday, published by the CFTC the following Friday at 15:30 ET (the next Monday after a federal holiday); each value is stamped with its release time.
Ethereum Volume 24h: Ether's trading volume over the past 24 hours in US dollars, aggregated across venues (CoinGecko). Powered by CoinGecko.
Lido stETH APR (latest daily report): The reward rate Lido reports for staked Ether (stETH), its APR from its latest daily report, in percent: daily. Source: Lido.
Ethereum Price: Ether's spot price in US dollars, aggregated across venues (CoinGecko), updated through the day. Powered by CoinGecko.
Briefing Only Metrics (14)
Available inside the briefings that carry them, not as standalone API endpoints.
Hashprice: Daily mining revenue per terahash per second. The core profitability metric for Bitcoin miners.
Hashprice 7d Smoothed: Seven-day simple moving average of hashprice. Dampens daily volatility from fee spikes and data lag.
Epoch Pace: Percentage deviation of actual block production time from the 10-minute target. Positive (slower blocks) means downward adjustment pressure on difficulty, negative (faster) upward pressure.
BTC Production Cost: Estimated cost to produce one Bitcoin, calculated across three tiers: electricity-only, cash operating expenses, and fully-loaded all-in cost.
Price-to-Production Ratio: Bitcoin market price divided by the Tier 2 (cash OPEX) production cost. Shows whether miners are operating profitably.
Gas Input Cost: Natural gas price converted to electricity-equivalent cost per kWh. Represents the energy input cost for gas-powered mining operations.
Energy Pressure: A composite measuring whether energy input costs are rising or falling relative to their recent trend. Combines multiple cost sources into a single directional indicator.
Natural Gas Price: Henry Hub natural gas spot price in $/MMBtu, from the U.S. Energy Information Administration (EIA), daily. The primary commodity input for gas-powered Bitcoin mining operations.
BTC Perp Funding Rate (OKX): The funding rate OKX publishes for its BTC-USDT perpetual swap, per 8 hour period. Carried inside the Bitcoin momentum and factors briefings.
BTC Perp Open Interest (OKX): The open interest OKX publishes for its BTC-USDT perpetual swap: the contracts outstanding. Carried inside the Bitcoin momentum and factors briefings.
ETH Perp Funding Rate (OKX): The funding rate OKX publishes for its ETH-USDT perpetual swap, per 8 hour period. Carried inside the Ethereum context briefing.
BTC 30d ATM IV: Deribit's Volatility Index for Bitcoin (DVOL): the 30 day implied volatility priced in Deribit's Bitcoin options, annualized, in percent. Carried inside the Bitcoin factors briefing.
BIS Global Liquidity (USD): The Bank for International Settlements' global liquidity indicator for the US dollar: credit in dollars to borrowers outside the United States. Quarterly, published with a lag of about two quarters. Carried inside the macro liquidity briefing.
BOJ Balance: The Bank of Japan's total assets, monthly, as FRED publishes them from the Bank of Japan's accounts (JPNASSETS). Carried inside the macro snapshot and cross regime briefings.