Every release, traced to what it does to your positions.

engulfing reads the macro calendar, scores what each event does to the instruments you follow, and turns that into a position with an entry, a target and the conditions that would end it.

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This week live
Mon 14:30 NY Empire State Manufacturing Index impact
Mon 22:00 TLT Total impact
Mon 22:00 TLT China impact
Mon 22:00 TLT Japan impact
Tue 15:15 Industrial Production impact
Wed 20:00 FOMC Meeting Minutes impact
The impact column is the number each release is expected to move the instruments you follow — members only.
53907.00
-0.20%
DJI
7772.50
+0.03%
SPX
29905.00
+0.65%
NDQ
108.5469
+0.22%
TN10
102.9961
+0.08%
TN02
83.14
+1.25%
CL
100.00
+0.20%
DXY
1.1526
-0.18%
EURUSD

On the wire live

Japan GDP Annualised SA (Q/Q) Q2 P: 1.1% (est 2.0%; prev 1.8%) - GDP SA (Q/Q): 0.3% (est 0.5%; prev 0.5%) - GDP Nominal SA (Q/Q): 1.2% (est 1.2%; prev 0.6%) - Deflator (Y/Y): 2.6% (est 2.3%; prev 3.2%) - GDP Private Consumption (Q/Q): 0.0% (est 0.4%; prev 0.3%) - GDP Business Spending (Q/Q): -1.2% (est 0.5%; prev –0.7%) - Inventory Contribution % GDP: 0.3% (est 0.0%; prev –0.1%) - Net Export Contribution % GDP: 0.5% (est 0.3%; prev 0.3%)
1.1% actual 2% est 1.8% prev
Japan GDP Annualised SA (Q/Q) Q2 P: 1.1% (est 2.0%; prev 1.8%) - GDP SA (Q/Q): 0.3% (est 0.5%; prev 0.5%)- GDP Nominal SA (Q/Q): 1.2% (est 1.2%; prev 0.6%)- Deflator (Y/Y): 2.6% (est 2.3%; prev 3.2%)- GDP Private Consumption (Q/Q): 0.0% (est 0.4%; prev 0.3%)- GDP Business Spending (Q/Q): -1.2% (est 0.5%; prev –0.7%)- Inventory Contribution % GDP: 0.3% (est 0.0%; prev –0.1%)- Net Export Contribution % GDP: 0.5% (est 0.3%; prev 0.3%)
1.1% actual 2% est 1.8% prev
UK Rightmove House Prices (M/M) Aug: -2.0% (prev –1.0%) - Rightmove House Prices (Y/Y): -1.0% (prev –0.4%)
-2% actual
Card Spending Retail (M/M) Jul: 1.3% (prev –1.4%; prevR –1.3%) - Card Spending Total (M/M): 1.0% (prev –1.2%)
1.3% actual
New Zealand Food Prices (M/M) Jul: 0.1% (prev 0.6%)
0.1% actual 0.6% prev
Card Spending Retail (M/M) Jul: 1.3% (prev –1.4%; prevR –1.3%) - Card Spending Total (M/M): 1.0% (prev –1.2%)
1.3% actual
New Zealand Performance Services Index Jul: 50.6 (prev 50.6; prevR 50.9)
50.6 actual 50.6 prev
National Australia Bank Q3 Earnings: - Cash Earnings A$1.83B- Net Interest Margin 1.8%- CET1 Capital Ratio 11.9%- Non-Performing Exposures-To-GLAs Ratio 1.50%- Australian Home Lending Market Softened In Q3 2026- Continues To Target Productivity Savings Of More Than A$450M For FY26- Sees FY26 Operating Expense Growth To Be Below FY25 Growth Of 4.6%
Trump Says He’s Curtailing Military Drills With South Korea - BBG READ HERE
Jamie Dimon warns UK chancellor against higher bank taxes - FT READ HERE
Get a first look at what matters in the week ahead for traders... https://t.co/xfb5VTDgXR
Odds of a September BOJ rate hike have doubled since late July. The swaps market moved from 10 basis points priced to 20. The logic is straightforward given Japan's 1% rate versus most of the world. But dollar-yen is far more sensitive to US rates than Japanese rates, by a wide margin.
Headlines © LiveSquawk · the full wire

How it reads the market

Three steps, in this order. A release is scored before it becomes a position, and the order is the whole argument.

01 — THE CALENDAR

Every release, weighted

CPI, payrolls, FOMC, GDP, earnings. Each one carries a forecast, a prior and a weight, so a quiet week is visibly quiet and a loaded one is visibly loaded.

02 — THE IMPACT GRAPH

Traced to the instrument

A release does not move an index directly. It moves real yields, the dollar, earnings breadth — and those move the index. The graph carries that path, with a weight on every edge.

03 — THE POSITION

Stated as something to do

Long or short, since when, at what level, with a target and the exit conditions that would end it. Checked and dated, so you can tell a current view from a stale one.

What you get inside

One workspace: the markets you follow, the calendar that moves them, and the journal of what you did about it.

Dashboard

Today in one screen — open positions, what is due before the close, and the releases already scored.

Markets

Indices, sectors, commodities, FX, crypto and bonds. Per instrument: the drivers ranked by weight, its events, its news, its candlesticks.

Watchlist

Star what you actually follow and it pins to the top of every page.

Positioning & journal

Long-, medium- and short-term stances with entries, targets and exit conditions — and the record of what was taken.

Radar & tactics

What is building before it is news, and the tactical read on each instrument.

Three perspectives

Stocks, FX and crypto — the same machinery, pointed at the market you trade.

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