AgentCanary/The Record/2026/July/July 3/MACRO RADAR
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Pre-market brief — tradfi data reflects Thu 2026-07-02 close. Crypto data is live.
MACRO RADAR · July 3, 2026 · 03:15 UTC

Oil: SUPPLY_TIGHTENING, crude 408.4M bbl, refinery 96.6%, SPR 326M.

MACRO RADAR · July 3, 2026, 03:15 UTC · Regime EXPANSION · Risk 83.3/100 · Composite 43.7

Risk Gauge: 83.3/100 (Critical). Phase: EXPANSION. Composite Risk: 43.7/100 (MODERATE).

Key indicators

Risk Gauge
83.3/100 (Critical)
Regime Phase
EXPANSION
Composite Risk
43.7/100 (MODERATE)
Global CB Liquidity
$17.82T (YoY -2.65%)
US M2
$23.05T (YoY +5.58%)
HY Credit Spreads
275bps (NORMAL)
Crypto Sentiment
21 (Extreme Fear, 7d avg 16)
BTC
$61,359
ETH
$1,703

Crypto

BTC: $61,359 · ETH: $1,703 · SOL: $80.70 Crypto sentiment: 21 (Extreme Fear, 7d avg 16) (rising).

Liquidity & Credit

Global CB Liquidity: $17.82T (YoY -2.65%) — fed $6.74T · ecb $6.98T · boj $4.11T US M2: $23.05T (YoY +5.58%) HY Credit Spreads: 275bps NORMAL BDRY: $12.05 (-4.7% 30d, UP — SOFTENING). Oil: SUPPLY_TIGHTENING, crude 408.4M bbl, refinery 96.6%, SPR 326M.

Key Prices

SPY -0.3% | QQQ -3.2% | VIX -2.7% | TLT -1.1% | DXY -0.6% | OIL +0.6%

Overnight vs US Close

▼ SOXX: -11.6% ▼ EWY: -10.8% ▲ TKMS: +10.6% ▼ SMH: -9.7% ▼ XLK: -5.2% ▲ RTX: +5.0%

Hegemony Snapback

1.5/6 — WATCH USD Index 120.89 (R), Gold $4037 (Y)

US Open Setup

The US open inherits a defensive-led tape with semiconductors and tech under meaningful pressure. Watch whether financials and healthcare can sustain overnight gains as session liquidity arrives, or whether any stabilization in tech triggers a snapback. Fading the defensive chase into the open may be premature until there is evidence that semiconductor selling is exhausted. api.agentcanary.ai/api/docs npm i agentcanary-mcp Not financial advice