FX · 27 JUL 2026
EUR/CAD: the descending channel keeps the short bias intact.
Repeated rejections from upper-channel resistance left the latest lower high intact, with a retracement towards 1.60 monitored for a potential short setup.
We connect policy, liquidity and positioning to explain what is moving markets—and what could move them next.
CLEAR THESIS · DECISION-USEFUL · BROKER-REFERRED ACCESS
01 / THE LATEST
Selected analysis already published by Global Macro Desk. Every card links to its original note on our public Telegram channel.
FX · 27 JUL 2026
Repeated rejections from upper-channel resistance left the latest lower high intact, with a retracement towards 1.60 monitored for a potential short setup.
COMMODITIES · 28 JUL 2026
The desk maintained a bearish bias below 4,095, balancing dollar strength and Fed uncertainty against the risk of a geopolitical safe-haven reversal.
POLICY · 29 JUL 2026
Rates held at 3.50%–3.75% with a 9–3 vote. The split kept the policy signal hawkish despite a mixed initial response across the dollar, yields and risk assets.
02 / THE METHOD
Markets rarely turn on a single datapoint. Our process tracks the feedback loop between the economy, policy and price action.
Identify the direction and rate of change in growth, inflation and liquidity.
Separate the popular narrative from the expectations embedded in markets.
Turn the gap into a clear expression with catalysts, risks and invalidation levels.
03 / THE COVERAGE
Our research travels across asset classes because macro forces do too.
Leading data, nowcasts, earnings breadth
↗Wages, services, goods and expectations
↗Central banks, fiscal impulse, liquidity
↗Rates, FX, commodities, equity regimes
↗Flows, sentiment, volatility, asymmetry
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