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MACRO RADAR · April 25, 2026 · 03:15 UTC

· OVERHEATING · Gauge: 8.9/100 • BTC:

MACRO RADAR · April 25, 2026, 03:15 UTC

(YoY -3.07%) US M2: $22.67T (YoY +4.88%) ▲ HY Credit Spreads:

Key indicators

US M2
$22.67T (YoY +4.88%)

Risk-on · Neutral

· OVERHEATING · Gauge: 8.9/100 • BTC:

$77,620

• ETH:

$2,318

• SOL:

$86.3

• GOLD:

$4,715

SPY:

$713.94

(+0.4%) QQQ:

$663.88

(+1.3%) VIX:

18.7

(-3.1%) TLT:

$86.71

(-0.0%) DXY:

98.5

(-0.3%) OIL:

$94.88

(-1.0%)

Liquidity & Credit

▼ Global CB Liquidity:

$18.23t

(YoY -3.07%) US M2: $22.67T (YoY +4.88%) ▲ HY Credit Spreads:

284bps

CALM (5d: -1bps)

Notable Z-scores

▼ WTREGEN: +2.29σ ▼ 10Y Breakeven Inflation: +2.08σ ▼ Fed Balance Sheet: +1.73σ ▲ DTWEXBGS: -1.68σ — CPI: +1.38σ

Overnight vs US Close

▲ NVDA: +13.0% ▼ SOL: -0.6%

Top Movers

▲ MOH $176 (+15.0%) ▲ SOXX $462 (+6.9%) ▲ SMH $506 (+6.2%) ▼ BRENT $99.78 (-5.0%) ▼ DEXE $12.80 (-5.0%) ▼ JST $0.07650 (-4.9%) ▲ M $4.39 (+4.5%) ▼ RTX $174 (-3.7%)

Hegemony Snapback

▲: 0.5/6 —

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 — Oil: $101 (>$95) agentcanary.ai | Not financial advice