New on the Dashboard: Capital Flows
We've shipped a new dashboard widget: Capital Flows. It's a single, daily-updated view designed to answer one question fast: "What's the market actually leaning into today?"
Instead of toggling between multiple charts and terminals, you get a unified snapshot that tells you where positioning, narrative, and stress are showing up right now. It's built for speed and clarity—because in fast markets, context matters more than complexity.
What You're Looking At
You'll see 12 key instruments, each with a bar showing a z-score. A z-score is just "how weird is today compared to normal?" based on the last year (roughly 252 trading days).
Big |z|
Abnormal move—the kind that tends to come with positioning, narrative, or stress
Small |z|
Noise / business as usual—not much signal here
So instead of eyeballing 12 separate charts and trying to synthesize the story in your head, you're scanning for where the outliers are. It's pattern recognition at scale, distilled into one screen.
Why These 12 Instruments?
They're not random. Together, they give you a clean read on the macro regime—across currencies, rates, equities, commodities, and volatility. Think of them as the essential pulse-check for global markets.
FX and USD Pressure
EURUSD, GBPUSD, USDJPY, DXY—These tell the USD story from multiple angles. If the dollar is doing something meaningful, it shows up here first and then leaks into everything else.
Rates and Expectations
US 2Y, US 10Y yields—The 2Y is the market's "rates and policy" pulse. The 10Y is "growth + inflation + term premium". When yields jump, you often see pressure on equities and gold.
Risk Appetite
US100 (Nasdaq), US30 (Dow)—Same country, different personalities. Nasdaq is sensitive to rates and growth expectations. Dow's more old-school real economy. When they move together, risk sentiment is broad.
Safety Bid
Gold (XAUUSD)—Still the classic. Gold catching a bid while equities sag is often the market quietly putting its helmet on. It's your canary in the coal mine.
Real Economy + Geopolitics
Brent crude, Copper—Oil is demand + geopolitics + supply shocks. Copper is "Dr Copper" because it tends to sniff out industrial strength or weakness early.
Volatility / Stress Gauge
VIX—Not a trade signal on its own, but a very clean confirmation tool. When VIX spikes, the market is paying up for protection. It's the market's anxiety meter.
How to Read It (Without Overthinking It)
Don't treat this like 12 separate instruments you must "analyse" in isolation. The value is the pattern. When several instruments print large z-scores in a coherent direction, you've got a theme developing—and that's what matters.
Use it as context before execution. If you're about to take a "cute" long and the dashboard is screaming risk-off, you don't have to bin the trade… but you do want to know you're swimming against the tide. Conviction is one thing; willful ignorance is another.
Common Pattern Examples
Risk-Off / Stress Regime
USD up + yields up + equities down + gold up
Classic flight to safety. The market is rotating out of risk assets and into defensive positions. VIX likely spiking as well.
Risk-On / Growth Mode
USD down + yields down + equities up + copper up
Growth narrative taking hold. Investors are leaning into cyclicals and risk assets. Dr. Copper confirming industrial strength.
Stagflation Concern
Oil up + yields up + equities down + gold up
The worst combo: rising inflation expectations with slowing growth. Market positioning defensively across the board.
The Analysis Card
At the top of the widget you'll also see a short AI-generated readout that summarises what the numbers are implying and flags the main theme. Think of it as a quick sanity check and a second opinion, grounded in the actual data on the widget—not vibes, not Twitter sentiment, not what worked last week.
The commentary cuts through the noise to identify:
  • Which instruments are showing abnormal behavior today
  • What regime or macro theme the pattern suggests
  • Potential cross-asset implications for your book
  • Where positioning pressure might be building
It's not prescriptive—it won't tell you what to do. But it will tell you what the market is doing, fast and clearly, so you can trade with better context.
Feedback Welcome
We'll keep iterating based on what you find most useful—especially around commentary depth, regime labeling, and threshold sensitivities.
Let us know what works.