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MACRO RADAR · March 18, 2026 · 03:15 UTC

· STAGFLATION · Gauge: 93.5/100 • BTC:

MACRO RADAR · March 18, 2026, 03:15 UTC

(YoY -3.39%) US M2: $22.44T (YoY +4.29%) 🟢 HY Credit Spreads:

Key indicators

US M2
$22.44T (YoY +4.29%)

Risk-off · Neutral

· STAGFLATION · Gauge: 93.5/100 • BTC:

$74,494

• ETH:

$2,342

• SOL:

$95.09

• GOLD:

$5,000

SPY:

$670.79

(+1.3%) QQQ:

$603.31

(+1.6%) VIX:

22.4

(-4.8%) TLT:

$87.45

(+1.1%) DXY:

99.6

(+0.0%) OIL:

$92.44

(-3.9%)

Liquidity & Credit

🔴 Global CB Liquidity:

$17.99t

(YoY -3.39%) US M2: $22.44T (YoY +4.29%) 🟢 HY Credit Spreads:

327bps

CALM (5d: +8bps)

Notable Z-scores

🔴 WTI Crude Oil: +2.80σ 🔴 IG Credit Spread: +2.22σ 🔴 DTWEXBGS: +2.21σ 🔴 HY Credit Spread: +1.84σ 🔴 Fed Balance Sheet: +1.69σ

Overnight vs US Close

🔴 NVDA: -1.3%

Top Movers

🟢 EWY $134 (+8.3%) 🔴 VIX $22.37 (-4.8%) 🔴 OIL $92.44 (-3.9%) — China: Fiscal support seen offsetting Oil shock – TD Securit 🔴 MOH $144 (-3.5%) 🟢 EWZ $36.71 (+3.4%) 🔴 FET $0.2355 (-2.5%) 🔴 PENDLE $1.33 (-2.2%) 🟢 ATOM $2.00 (+2.0%)

Hegemony Snapback

🟢: 1/6 —

Normal

If the US topples adversarial regimes and reasserts hegemony, the multipolar mega-trade reverses — stronger dollar, weaker gold, short rates, and EM rotation unwinds 🔴 USD Index: 120.5518 (>110) agentcanary.ai | Not financial advice