OmniMetric Intelligence

Liquidity headwinds and dollar strength keep markets under defensive pressure. The GMS sits in bearish territory at 36 amid tightening conditions. Although global liquidity (TLI) edged up 0.42%, net liquidity remained flat. The US Dollar (DXY) rose 0.74% to 101.17, dampening broad risk appetite. Equity volatility (VIX) rose 2.08% to 15.18, while bond volatility (MOVE) held at 95.45. Credit spreads (SPD) widened 0.75% to 2.68. In other words, lenders demand higher safety premiums, increasing borrowing costs for companies. Despite the US-China trade truce extension, underlying macro cross-currents advise maintaining defensive positioning. [MARKET STATUS: BEARISH]