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Spectra Markets publishes independent, must-read global macro analysis every day. Our flagship is am/FX, the macro daily read by both traders and global markets professionals.

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Trader. Thinker. Writer.

Spectra Markets founder Brent Donnelly mines a broad network of hedge fund, real money, central bank, and trading professionals to formulate his unique insights into global markets and macroeconomics.

am/FX Highlights

Selected free issues of am/FX

A Study, and Corn

FX is moving a bit in reaction to higher vol and lower stocks. Today I cover an interesting study on EMH, and the epic short position in corn.

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Thoughts on FX Vol

FX vol tends to pick up in August, but it has nothing to do with the Olympics.

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Signs, Signs

Time to take a shot at tactical NQ shorts.

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