Daily Report

2026-09-04

The day's regime picture, archived as published. Part of the daily report record.

Global regime board

13bull
5neutral
2bear
S&P 500Nasdaq 100BitcoinEthereumGoldSilverEuro Stoxx 50Nifty 50Nikkei 225KOSPI CompositeShanghai CompositeHang SengTAIEXCrude Oil (WTI)CopperUS 10Y TreasuriesUS Dollar IndexFTSE 100BovespaTadawul All Share

Filtered (causal) HMM states as of this date — the live board is at the home page.

The Compass

United States
Reflation

The market is pricing rising growth and rising inflation.

growth z +2.18 · inflation z +1.49 · 211d in quadrant
India
Stagflation

The market is pricing falling growth with rising inflation.

growth z -1.13 · inflation z +0.79 · 119d in quadrant

Growth × inflation quadrant from asset ratios — interactive version at /compass.

Abnormal moves

MarketDayvs regime normRegime
Hang Seng+1.74%+2.0σbull
TAIEX+1.51%+1.4σneutral
Copper+1.33%+1.3σbull
US 10Y Treasuries-0.38%-1.2σneutral
Bitcoin-2.58%-1.2σbull

Moves ranked against what is normal for the regime the market is in — methodology at /movers.

India sectors

Led
Sector1d1w
Healthcare+1.09%+0.81%
Consumer Durables+0.93%+1.40%
Pharma+0.85%+0.77%
PSU Bank+0.75%-0.17%
Lagged
Sector1d1w
Pvt Bank-0.20%+0.73%
Energy-0.07%-0.69%
Metal-0.07%+2.66%
Bank-0.02%+0.44%

Benchmark Nifty 50 +0.48% on the day — full heatmap at /sectors.

News tone

MarketScoreReadHeadlines
S&P 500-0.13neutral29
Nasdaq 100-0.08neutral32
Euro Stoxx 50-0.13neutral29
Nifty 50+0.29positive50
Nikkei 225+0.11neutral36
KOSPI Composite+0.30positive28
Shanghai Composite+0.00neutral36
Bitcoin+0.11neutral48

FinBERT-scored headline tone, −1 to +1 — live gauge at /sentiment.

This report was generated and published on its stated date and is preserved unchanged — the whole archive is independently snapshotted by the Internet Archive. Educational information, not investment advice.