Fresh thinking for thoughtful traders.

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.

am/FX macro daily

Find out what’s moving global markets. Get actionable analysis, independent research, and real trade ideas—right to your inbox, every morning.

Invest in your success.

Spectra School – Tap into the experience and knowledge of the most respected names in global markets with self-paced learning that can take your career to the next level.

Leverage our expertise.

Spectra FX Solutions – Get a foreign exchange trading partner that outperforms with tight spreads, superior liquidity, and better execution. Our clients include the biggest FX players in the world.

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
highlights

The South Park Jinx

Not a bad time to lighten up on GLP-1 exposure. It’s all priced in. Also: Watch JGBs.

Read now
highlights

CAD v. WTI: Divortium

Commodity currencies have divorced from commodity prices as the transmission mechanisms that used to drive correlation have abated. This has implications for FX trading and Canadian inflation.

Read now
highlights

Is this a currency crisis?

When a headline asks a question, the answer is usually no. The financial media is touting a “Japanese currency crisis”, memes are going viral, and The Economist is chirping in on why the MOF is doomed to fail. At the risk of staying wronger for longer, this could be the final innings of the yen trilemma debacle.

Read now