Oil: SUPPLY_GLUT, crude 433.7M bbl, refinery 94.7%, SPR 357M.
MACRO RADAR · June 6, 2026, 03:15 UTC · Regime EXPANSION · Risk 47.7/100 · Composite 41.2
Risk Gauge: 47.7/100 (Elevated). Phase: EXPANSION. Composite Risk: 41.2/100 (MODERATE). Geopolitical risk: 38/100 (MODERATE). Top: Russia-Ukraine 51/100 (ELEVATED, natural_gas bullish).
Key indicators
- Risk Gauge
- 47.7/100 (Elevated)
- Regime Phase
- EXPANSION
- Composite Risk
- 41.2/100 (MODERATE)
- Geopolitical Risk
- 38/100 (MODERATE)
- Global CB Liquidity
- $18.08T (YoY -2.84%)
- US M2
- $22.80T (YoY +4.72%)
- HY Credit Spreads
- 275bps (NORMAL)
- Crypto Sentiment
- 12 (Extreme Fear, 7d avg 18)
- BTC
- $60,942
- ETH
- $1,576
Macro Overview
Top: Russia-Ukraine 51/100 (ELEVATED, natural_gas bullish).
Crypto
BTC: $60,942 · ETH: $1,576 · SOL: $63.63 Crypto sentiment: 12 (Extreme Fear, 7d avg 18) (falling).
Liquidity & Credit
Global CB Liquidity: $18.08T (YoY -2.84%) — fed $6.71T · ecb $7.20T · boj $4.17T US M2: $22.80T (YoY +4.72%) HY Credit Spreads: 275bps NORMAL (composite: CAUTION) BDRY: $12.62 (+11.3% 30d, DOWN — BULLISH_SHIPPING). Oil: SUPPLY_GLUT, crude 433.7M bbl, refinery 94.7%, SPR 357M.
Key Prices
SPY -2.2% | QQQ -5.3% | VIX +39.7% | TLT -0.3% | DXY +0.7% | OIL -3.0%
Overnight vs US Close
▼ POET: -19.9% ▼ UMAC: -17.3% ▼ IPWR: -15.9% ▼ ABSI: -13.7% ▼ RGTI: -13.7% ▼ IREN: -13.2%
Hegemony Snapback
2/6 — WATCH USD Index 118.88 (R), Gold $4478 (Y), Oil $96 (Y)
Notable Z-scores
[-] 2s10s Curve: -2.06σ [+] Jobless Claims: +1.60σ
US Open Setup
Sharp defensive rotation underway as tech faces selling pressure. Healthcare and financials leading haven flows while semiconductors and metals dump. Watch for volatility expansion to drive further positioning shifts into safety plays as growth momentum stalls.