News — MacroTerminal Research

Live News TV Grade D · descriptive

BLOOMBERGCNBCSKY NEWSDWEURONEWSAL JAZEERAAbout

Live id resolved 2026-10-19 11:47 UTC. If the player is blank the broadcaster restarted the stream since then — open the channel.

The same six 24/7 channels the terminal carries. Only the open tab's stream loads.

Macro event timeline — trend: Worsening Grade D · descriptiveas of 2026-10-18

ReadHistoryData

critical EU approves biggest Russia sanctions package since invasion began (invasion · 2026-10-12)

critical Ukraine reports more battlefield gains as Putin’s invasion loses momentum (invasion · 2026-10-15)

This timeline's critical lane is keyed on pipeline attacks and named chokepoints, and 6 of its stored events over the last 2 days carry that level. Crude is what they price into, so crude is what the episodes below are scored on.

Five years of WTI crude - the series the price the critical events on this timeline resolve into is computed on - with the high-volatility weeks shaded by the same two-state Markov filter the Regime tab draws. One state, one shading, every tab: the bands are that shared filter's, not a second state fitted for this pane. The filter puts 7 stretches of these five years in the high-volatility state, and those are the shaded ones.

The last 8 times this looked like today — and what WTI crude did next

episode	z	level	WTI crude +5d	WTI crude +21d
2026-09-09	1.60	97.26	+6.54%	+1.03%
2026-08-19	1.02	87.28	-4.38%	+18.25%
2026-07-21	1.01	86.04	-5.96%	+1.44%
2026-05-26	1.99	97.63	-0.16%	-26.85%
2026-04-17	1.72	85.91	+14.56%	+30.66%
2026-03-03	1.58	74.48	+12.39%	+36.82%
2024-07-01	1.13	84.70	-1.26%	-10.07%
2024-04-23	1.04	84.17	-0.81%	-5.96%

z in [1.0, 2.0) · n=224 episodes · 21-session hit rate 56% · median +5d -0.16, +21d 1.41 · grade C

READ THE BUCKET BEFORE THE ROWS: these episodes are bucketed on WTI's OWN z score, not on this timeline's event counts. The timeline caches 2 days and cannot be bucketed at all, so what the table answers is when crude last sat where it sits now, and NOT when this timeline last looked like this. Episodes when this series last sat in the same trailing-365-observation z bucket, with the forward 5- and 21-session move of WTI crude. 224 episodes at least 21 days apart; the table shows the most recent 8. A conditional distribution with its count, not a signal. Read it against the UNCONDITIONAL base rate: over the five years of WEEKLY WTI drawn above, where three weekly steps are the nearest thing that series has to 21 sessions, 47.1% of all overlapping three-week windows closed higher (n=257, 2021-10-29 to 2026-10-16). The conditional rate is 9.1 points above it.

What changed since last week

leaf	then	now	change	compared with
coverage days	7.00	7.00	unchanged	2026-10-11

0 of 1 headline leaves moved. A repeated value can mean the upstream had not published, not that nothing happened.

days · 2 rows

date	critical	high	medium	low
2026-10-17	4	30	18	24
2026-10-18	2	24	19	29

top · 2 rows

date	level	keyword	title
2026-10-12	critical	invasion	EU approves biggest Russia sanctions package since invasion began - POLITICO.eu
2026-10-15	critical	invasion	Ukraine reports more battlefield gains as Putin’s invasion loses momentum

scalars

field	value
trend	Worsening
coverage days	7

11 rows and 3 fields withheld at this tier: absent from the page, not hidden in it.

AI Insights — cited macro brief Grade D · descriptiveas of 2026-10-18 21:52 UTC

ReadHistoryData

Iran’s IRGC navy says oil tanker hits mine, catches fire in Strait of Hormuz - The Times of Israel

1 Iran's IRGC navy says an oil tanker hit a mine and caught fire in the Strait of Hormuz, per The Times of Israel.

2 data cited by Qazinform has Japan ranking sixth in Global GDP Rankings by 2027.

[1] · [2]

The brief is rewritten from the day's cited stories at every build. What is stored of it is the count of lines and of sources, and that is what is drawn.

gate replacements

2026-09-04 2.00 → 2026-10-18 2.00

stale

1 point stored; a chart appears at two

2026-09-24 1.00 → 2026-09-24 1.00

No five-year line: this pane's leaf is the day's brief, replaced at every build. Only the counts stored alongside it have a record, and that record begins with the build archive, not five years ago.

No analog table: no linked price for a cited macro brief: the leaf is a paragraph and a citation list; a brief has no level, no units and no instrument, so there is no series whose forward move could score it. Point 2 of the History contract asks for the forward move of the price this leaf is linked to, and this leaf is not linked to one; no other series' episodes are shown in its place.

What changed since last week

leaf	then	now	change	compared with
gate replacements	1.00	2.00	+1	2026-10-11

1 of 1 headline leaves moved. A repeated value can mean the upstream had not published, not that nothing happened.

Price analogs are the part of this contract that is missing here, and the reason is printed above rather than left blank.

lines · 2 rows

n	text
1	Iran's IRGC navy says an oil tanker hit a mine and caught fire in the Strait of
2	Data cited by Qazinform has Japan ranking sixth in Global GDP Rankings by 20

stories · 2 rows

n	title	publishers	link	score
1	Iran’s IRGC navy says oil tanker hits mine, catches fire in Strait of Hormuz	1		51.90
2	Japan expected to rank sixth in Global GDP Rankings by 2027,	1		51.70

12 rows and 5 fields withheld at this tier: absent from the page, not hidden in it.

Today's events against our instruments

Events to instruments — last 7 days Grade D · descriptiveas of 2026-10-18

ReadHistoryData

instrument	events	latest
WTI	2	2026-10-16 · OFAC · Issuance of Amended Venezuela-related General License and Frequently Asked Question 2026-10-14 · OFAC · Venezuela-related Designation Removal
USD/CNY	2	2026-10-15 · NBS · Consumer Price Index in September 2026 2026-10-15 · NBS · Industrial Producer Price Indexes in September 2026
Brent	1	2026-10-15 · OFAC · Iran-related Designations; Cuba Designation; Issuance of New and Amended General Licenses and Frequently Asked
Corn	1	2026-10-11 · hazard · Tropical Cyclone ISAIAS-26
Soybeans	1	2026-10-11 · hazard · Tropical Cyclone ISAIAS-26

Every hazard, sanctions action, China release and critical or high timeline headline of the last 7 days (to 2026-10-18) that routes to an instrument we carry, grouped by instrument. A route is a producing region, a sanctioned exporter, a kind of release, or a headline that names the instrument; the count is how many events touch it, not how much they matter, and nothing here says which way a price should move.

This roll-up is recomputed from the panes around it at every build and stores nothing of its own.

No five-year line: the roll-up exists only as the union of this week's rows from four feeds, none of which keeps more than a few weeks.

No analog table: no linked price for a routing of the week's events to instruments: the leaf is a count of events per instrument across hazards, sanctions, China releases and headlines; a count of routes is not a signal, and pairing it with any one price would present coincidence as a finding. Point 2 of the History contract asks for the forward move of the price this leaf is linked to, and this leaf is not linked to one; no other series' episodes are shown in its place.

No factory what-changed table: panel 'intel_map' has no rows in at all yet.

Price analogs are the part of this contract that is missing here, and the reason is printed above rather than left blank.

rows · 5 rows

symbol	instrument	events	latest
CL=F	WTI	2	2026-10-16
USDCNY=X	USD/CNY	2	2026-10-15
BZ=F	Brent	1	2026-10-15
ZC=F	Corn	1	2026-10-11
ZS=F	Soybeans	1	2026-10-11

scalars

field	value
window days	7

Hazards on producing regions Grade D · descriptiveas of 2026-10-18

ReadHistoryData

4 hazards listed, 1 on a producing region.

date	event	region	exposure
2026-10-11	Tropical Cyclone ISAIAS-26 tropical cyclone · orange · Tropical Depression (maximum wind speed of 194 km/h)	US Corn Belt	Corn Soybeans
2026-10-18	Tropical Cyclone CHAMPI-26 tropical cyclone · red · Hurricane/Typhoon > 74 mph (maximum wind speed of 250 km/h)	no producing region
2026-10-18	Hurricane Trudy tropical cyclone · 85 kt · 974 mb	no producing region
2026-10-16	M 6.9 — 76 km NE of Ozernovskiy, Russia earthquake · M6.9	no producing region

US Corn Belt: the bulk of US corn and soybean acreage

14 rows and 4 fields of this pane open at Pro: absent from the page, not hidden in it.

Available 2026-10-18T21:58:52Z.

The pane restates the week's hazards at every build. What is stored of it is how many events met the thresholds and how many sat on a producing region.

n events

2026-09-26 14.00 → 2026-10-18 16.00

n exposed

2026-09-26 0.00 → 2026-10-18 1.00

No analog table: no linked price for a list of natural hazards placed on a region table: an earthquake in Chile and a hurricane in the Gulf route to copper and to crude respectively, so the pane has no single instrument; each row names its own exposure instead. Point 2 of the History contract asks for the forward move of the price this leaf is linked to, and this leaf is not linked to one; no other series' episodes are shown in its place.

What changed since last week

leaf	then	now	change	compared with
n events	17.00	16.00	-1	2026-10-11
n exposed	0.00	1.00	+1	2026-10-11

2 of 2 headline leaves moved. A repeated value can mean the upstream had not published, not that nothing happened.

Price analogs are the part of this contract that is missing here, and the reason is printed above rather than left blank.

events · 4 rows

kind	title	date	available at	lat	lon	severity	regions	exposures	why
tropical cyclone	Tropical Cyclone ISAIAS-26	2026-10-11	2026-10-18T21:54:43Z	37.50	-84.00	Orange · Tropical Depression (maximum wind speed of 194 km/h)	US Corn Belt	ZC=F, ZS=F	US Corn Belt: the bulk of US corn and soybean acreage
tropical cyclone	Tropical Cyclone CHAMPI-26	2026-10-18	2026-10-18T21:01:01Z	13.80	140.20	Red · Hurricane/Typhoon > 74 mph (maximum wind speed of 250 km/h)	0 items	0 items
tropical cyclone	Hurricane Trudy	2026-10-18	2026-10-18T21:00:00Z	19.50	-107	85 kt · 974 mb	0 items	0 items
earthquake	M 6.9 — 76 km NE of Ozernovskiy, Russia	2026-10-16	2026-10-17T03:41:49Z	51.98	157.27	M6.9	0 items	0 items

sources · 1 row

name	ok	http	n
	yes	200	3

scalars

field	value
available at	2026-10-18T21:58:52Z
n events	16
n exposed	1

14 rows and 4 fields withheld at this tier: absent from the page, not hidden in it.

The wires

Macro wire (15 items) Grade D · descriptiveas of 2026-10-18 21:46 UTC

ReadHistoryData

RATES 0h GBP/USD, XAU/USD Forecast: Two trades to watch

NRG 0h Natural Gas News: Mild Forecast and TCO Repair Pressure November Futures

MACRO 0h Week Ahead for FX, Bonds : U.S., European PMI Data in Focus

RATES 1h Gold Price Forecast: XAU/USD to Extend Rebound on Treasury Yields Retreat and Central Bank Demand

TRADE 1h Bessent says there was no sanctions relief for Russia after U.S. diesel deal

NRG 1h Hormuz Is Turning Shipping’s Fuel Bill Into a Supply Crisis

MKT 1h For Three Buffetts, a $150 Billion Puzzle Over Warren’s Riches

MACRO 1h WEEKLY PREVIEW: China GDP, Brazil runoff in focus

SHIP 1h Iran’s IRGC navy says oil tanker hits mine, catches fire in Strait of Hormuz

TRADE 1h Congress reacts to executive order exempting Russia from economic sanctions

SHIP 1h Admicasa buys Lebensraum Schweiz, lifting Zürich pipeline to CHF 450M

TRADE 1h China Proposes Expanded Export Controls on AI, Biopharma and Solar Energy Technologies

MACRO 2h ECONOMIC WEEK AHEAD: October 19 - 23

MACRO 2h S&P 500 Drops to 7,718.94 as Hot September CPI and Chip Selloff Hit Wall Street S&P 500-1.09%

NRG 2h CANADA’S NEW TARGET: Why Anti-Oil and Gas Activists Are Making Canadian LNG, Not Pipelines, Their Next Major Target

1 of 15 headlines carry a ticker chip: the mapper resolves a headline to an instrument already on our tape, and the chip is that instrument's one-day move with a five-session spark. A headline the mapper cannot place gets no chip — a wrong instrument beside a story is worse than none. A further 4 headlines resolved to an instrument the public tape does not carry: this page prices the equity indices and the major crosses, and the energy, metals, rates and crypto rows of the tape are a paid surface, so those headlines are left unchipped rather than chipped with something adjacent.

The wire itself turns over every build. What has a record is how much of it we could price: the stored item count and the chip coverage behind it.

feeds ok

2026-09-04 15.00 → 2026-10-18 19.00

feeds total

2026-09-04 16.00 → 2026-10-18 21.00

No five-year line: the wire holds the last 60 headlines and is replaced at every build. Its stored counts begin with the build archive.

No analog table: no linked price for a wire of headlines: the leaf is a count of stories across every asset and none; the chips on the rows point at thirty-seven different instruments, so no single one of them prices the pane and picking one would be the wrong-chip failure this desk already refuses at the row level. Point 2 of the History contract asks for the forward move of the price this leaf is linked to, and this leaf is not linked to one; no other series' episodes are shown in its place.

What changed since last week

leaf	then	now	change	compared with
feeds ok	19.00	19.00	unchanged	2026-10-11
feeds total	21.00	21.00	unchanged	2026-10-11

0 of 2 headline leaves moved. A repeated value can mean the upstream had not published, not that nothing happened.

Price analogs are the part of this contract that is missing here, and the reason is printed above rather than left blank.

items · 15 rows

title	link	cat	age h
GBP/USD, XAU/USD Forecast: Two trades to watch		rates	0.20
Natural Gas News: Mild Forecast and TCO Repair Pressure November Futures		energy	0.30
Week Ahead for FX, Bonds : U.S., European PMI Data in Focus - marketscreener.com		macro	0.50
Gold Price Forecast: XAU/USD to Extend Rebound on Treasury Yields Retreat and Ce		rates	0.70
Bessent says there was no sanctions relief for Russia after U.S. diesel deal		trade	0.70
Hormuz Is Turning Shipping’s Fuel Bill Into a Supply Crisis	https://oilprice.com/Geopolitics/Middle-East/Hormuz-Is-Turning-Shippings-Fuel-Bi	energy	0.80
For Three Buffetts, a $150 Billion Puzzle Over Warren’s Riches	https://www.bloomberg.com/news/videos/2026-10-18/for-three-buffetts-a-150-billio	markets	0.80
WEEKLY PREVIEW: China GDP, Brazil runoff in focus		macro	0.80
Iran’s IRGC navy says oil tanker hits mine, catches fire in Strait of Hormuz		shipping	0.80
Congress reacts to executive order exempting Russia from economic sanctions		trade	0.80
Admicasa buys Lebensraum Schweiz, lifting Zürich pipeline to CHF 450M		shipping	1.10
China Proposes Expanded Export Controls on AI, Biopharma and Solar Energy Techno		trade	1.40
ECONOMIC WEEK AHEAD: October 19 - 23		macro	1.50
S&P 500 Drops to 7,718.94 as Hot September CPI and Chip Selloff Hit Wall Street		macro	1.60
CANADA’S NEW TARGET: Why Anti-Oil and Gas Activists Are Making Canadian LNG, Not		energy	1.70

scalars

field	value
feeds ok	19
feeds total	21

47 rows and 2 fields withheld at this tier: absent from the page, not hidden in it.

Policy + intel wire (5 items) Grade D · descriptiveas of 2026-10-18 21:53 UTC

ReadHistoryData

GOV 6h Niue National Day

GOV 20h Secretary of State Marco Rubio Remarks to the Press

THINK 45h - CSIS | Center for Strategic and International Studies

GOV 47h Secretary Rubio’s Meeting with Dominican Republic Foreign Minister Bisonó Haza

THINK 48h What Ukraine’s Starlink disruptions reveal about the tradeoffs involved in military commercial dependencies

0 of 5 headlines carry a ticker chip: the mapper resolves a headline to an instrument already on our tape, and the chip is that instrument's one-day move with a five-session spark. A headline the mapper cannot place gets no chip — a wrong instrument beside a story is worse than none.

The policy wire's stored leaf is its item count and how many of those items resolved to an instrument we carry - which on this feed is deliberately few.

feeds ok

2026-09-04 14.00 → 2026-10-18 12.00

feeds total

2026-09-04 16.00 → 2026-10-18 14.00

No five-year line: the policy wire is replaced at every build and its stored counts begin with the build archive, not five years ago.

No analog table: no linked price for a policy and intelligence wire: most of this feed is sanctions notices, hearings and think-tank output, which have no instrument at all; the few that do span rates, crude and the dollar, so there is no one series whose forward move scores the pane. Point 2 of the History contract asks for the forward move of the price this leaf is linked to, and this leaf is not linked to one; no other series' episodes are shown in its place.

What changed since last week

leaf	then	now	change	compared with
feeds ok	13.00	12.00	-1	2026-10-11
feeds total	14.00	14.00	unchanged	2026-10-11

1 of 2 headline leaves moved. A repeated value can mean the upstream had not published, not that nothing happened.

Price analogs are the part of this contract that is missing here, and the reason is printed above rather than left blank.

items · 5 rows

title	link	cat	age h
Niue National Day	https://www.state.gov/releases/office-of-the-spokesman/2026/10/niue-national-day	gov	5.90
Secretary of State Marco Rubio Remarks to the Press	https://www.state.gov/releases/office-of-the-spokesman/2026/10/secretary-of-stat	gov	20.30
- CSIS \| Center for Strategic and International Studies		think	45.10
Secretary Rubio’s Meeting with Dominican Republic Foreign Minister Bisonó Haza	https://www.state.gov/releases/office-of-the-spokesman/2026/10/secretary-rubios-	gov	46.60
What Ukraine’s Starlink disruptions reveal about the tradeoffs involved in milit	https://www.atlanticcouncil.org/dispatches/what-ukraines-starlink-disruptions-re	think	47.60

scalars

field	value
feeds ok	12
feeds total	14

16 rows and 3 fields withheld at this tier: absent from the page, not hidden in it.

Sanctions and China official

Sanctions actions — OFAC Grade D · descriptiveas of 2026-10-18

ReadHistoryData

Latest OFAC action 2026-10-16; 30 actions read.

programme	clauses	designations	removals	licences	last	exposure
Iran	17	10	0	3	2026-10-15	Brent
Counter Terrorism	11	9	0	2	2026-10-13
Cuba	7	3	0	1	2026-10-15
Venezuela	7	0	1	6	2026-10-16	WTI

2026-10-16 Issuance of Amended Venezuela-related General License and Frequently Asked Question · General Licenses WTI

2026-10-15 Iran-related Designations; Cuba Designation; Issuance of New and Amended General Licenses and Frequently Asked Questions · Sanctions List Updates Brent

2026-10-14 Venezuela-related Designation Removal · Sanctions List Updates WTI

2026-10-13 Counter Narcotics and Counter Terrorism Designations · Sanctions List Updates

2026-10-13 Settlement Agreement between the U.S. Department of the Treasury's Office of Foreign Assets Control and Bank of America, N.A. · Enforcement Actions

2026-10-09 Settlement Agreement between the U.S. Department of the Treasury's Office of Foreign Assets Control and Pegasus Worldwide Logistics; International Criminal Court Designation and General Licenses; Burma-related Designation Removal · Sanctions List Updates

2026-10-09 Issuance of Russia-related General License · General Licenses Brent

2026-10-08 Iran-related Designations; Issuance of Iran-related General License; Issuance of Amended Russia-related General License · Sanctions List Updates Brent

32 rows and 4 fields of this pane open at Pro: absent from the page, not hidden in it.

Counted from OFAC's own recent-actions log; one action often names several programmes, so the clause counts add up to more than the actions. Available 2026-10-18T21:59:21Z.

OFAC's log is re-read at every build; the stored leaf is the count of actions in the window and the date of the latest one.

n actions

2026-09-26 30.00 → 2026-10-18 30.00

No five-year line: the pane reads the latest thirty OFAC actions, about two months, and nothing older is kept. OFAC's archive runs to 2009 and a programme-by-month series built from it is possible; it has not been built, so no history is drawn.

No analog table: no linked price for a tally of sanctions actions by programme: the tally spans Iran, Russia, Venezuela and a dozen programmes with no market at all; the three oil programmes point at two different crude benchmarks, and a count of designations has no forward move to score. Point 2 of the History contract asks for the forward move of the price this leaf is linked to, and this leaf is not linked to one; no other series' episodes are shown in its place.

What changed since last week

leaf	then	now	change	compared with
n actions	30.00	30.00	unchanged	2026-10-11

0 of 1 headline leaves moved. A repeated value can mean the upstream had not published, not that nothing happened.

Price analogs are the part of this contract that is missing here, and the reason is printed above rather than left blank.

actions · 8 rows

date	available at	title	category	clauses	exposures	why
2026-10-16	2026-10-16	Issuance of Amended Venezuela-related General License and Frequently Asked Quest	General Licenses	1 items	CL=F	Venezuelan heavy crude is refined on the US Gulf Coast
2026-10-15	2026-10-15	Iran-related Designations; Cuba Designation; Issuance of New and Amended General	Sanctions List Updates	3 items	BZ=F	Iranian crude is sold at a discount to Brent
2026-10-14	2026-10-14	Venezuela-related Designation Removal	Sanctions List Updates	1 items	CL=F	Venezuelan heavy crude is refined on the US Gulf Coast
2026-10-13	2026-10-13	Counter Narcotics and Counter Terrorism Designations	Sanctions List Updates	2 items	0 items
2026-10-13	2026-10-13	Settlement Agreement between the U.S. Department of the Treasury's Office of For	Enforcement Actions	1 items	0 items
2026-10-09	2026-10-09	Settlement Agreement between the U.S. Department of the Treasury's Office of For	Sanctions List Updates	3 items	0 items
2026-10-09	2026-10-09	Issuance of Russia-related General License	General Licenses	1 items	BZ=F	Urals and ESPO crude are priced off Brent
2026-10-08	2026-10-08	Iran-related Designations; Issuance of Iran-related General License; Issuance of	Sanctions List Updates	3 items	BZ=F	Iranian crude is sold at a discount to Brent; Urals and ESPO crude are priced of

programmes · 4 rows

programme	actions	designation	removal	general licence	last	exposures
Iran	17	10	0	3	2026-10-15	BZ=F
Counter Terrorism	11	9	0	2	2026-10-13	0 items
Cuba	7	3	0	1	2026-10-15	0 items
Venezuela	7	0	1	6	2026-10-16	CL=F

scalars

field	value
available at	2026-10-18T21:59:21Z
n actions	30
latest	2026-10-16

32 rows and 4 fields withheld at this tier: absent from the page, not hidden in it.

China official — NBS and PBoC Grade D · descriptiveas of 2026-10-18

ReadHistoryData

The latest Loan Prime Rate fixing opens at Pro.

0 releases today; latest 2026-10-17.

2026-10-17 PBoC other Governor Pan Gongsheng Meets with Central Bank Governors of Relevant Countries

2026-10-16 PBoC other Governor Pan Gongsheng of the People’s Bank of China Meets with Kristalina Georgieva, Managing Director of the International Monetary Fund

2026-10-16 PBoC other Governor Pan Meets with European Commissioner for Economy and Productivity Valdis Dombrovskis, ECB President Christine Lagarde, Eurogroup President Kyriakos Pierrakakis and Governors of Some European National Central Banks

2026-10-16 PBoC other PBOC Governor Pan Gongsheng Attends the Emerging Markets Conference

2026-10-15 NBS prices Consumer Price Index in September 2026 USD/CNY

2026-10-15 NBS prices Industrial Producer Price Indexes in September 2026 USD/CNY

2026-10-15 PBoC other Governor Pan Gongsheng Attended G20 Finance Ministers and Central Bank Governors Meeting

19 rows and 4 fields of this pane open at Pro: absent from the page, not hidden in it.

Available 2026-10-18T21:59:28Z.

The release list turns over with the NBS and PBoC calendars; what is stored is the count of releases and the LPR fixing at each build.

n releases

2026-09-26 25.00 → 2026-10-18 25.00

n today

2026-09-26 0.00 → 2026-10-18 0.00

No five-year line: the NBS and PBoC list pages show their latest items only, and the pane keeps what they show. The LPR's own history is monthly since 2019 on the PBoC site and is not yet ingested.

No analog table: no linked price for a calendar of official Chinese releases: a release date is an event, not a level; the one level in the pane, the Loan Prime Rate, moves a few times a year and the rates desk is where a rate belongs, so no price series is hung under a calendar. Point 2 of the History contract asks for the forward move of the price this leaf is linked to, and this leaf is not linked to one; no other series' episodes are shown in its place.

What changed since last week

leaf	then	now	change	compared with
n releases	25.00	25.00	unchanged	2026-10-11
n today	0.00	0.00	unchanged	2026-10-11

0 of 2 headline leaves moved. A repeated value can mean the upstream had not published, not that nothing happened.

Price analogs are the part of this contract that is missing here, and the reason is printed above rather than left blank.

releases · 7 rows

date	available at	title	kind	exposures	why
2026-10-17	2026-10-17	Governor Pan Gongsheng Meets with Central Bank Governors of Relevant Countries	other	0 items
2026-10-16	2026-10-16	Governor Pan Gongsheng of the People’s Bank of China Meets with Kristalina Georg	other	0 items
2026-10-16	2026-10-16	Governor Pan Meets with European Commissioner for Economy and Productivity Valdi	other	0 items
2026-10-16	2026-10-16	PBOC Governor Pan Gongsheng Attends the Emerging Markets Conference	other	0 items
2026-10-15	2026-10-15	Consumer Price Index in September 2026	prices	USDCNY=X	Chinese inflation prints feed the PBoC's room to ease
2026-10-15	2026-10-15	Industrial Producer Price Indexes in September 2026	prices	USDCNY=X	Chinese inflation prints feed the PBoC's room to ease
2026-10-15	2026-10-15	Governor Pan Gongsheng Attended G20 Finance Ministers and Central Bank Governors	other	0 items

sources · 1 row

name	ok	http	n	url
NBS	yes	200	15

scalars

field	value
available at	2026-10-18T21:59:28Z
n releases	25
n today	0
latest	2026-10-17

19 rows and 4 fields withheld at this tier: absent from the page, not hidden in it.

Intelligence and implications

Live intelligence Grade D · descriptiveas of 2026-10-18T21:58:51Z

ReadOPEC / SUPPLYHistoryData

FED POLICY cached

There a 35 % Chance That the Fed Hikes Rates at Least 4 Times by September 2027 , Which Can Decimate the AI

Not going to prejudge : Fed Chair keeps rate outlook open ; calls AI positive supply shock

OPEC / SUPPLY

Venezuela Sees US$76 Billion Oil Investment

Russian , Saudi foreign ministers voice concern over tensions in southern Arabian Peninsula , Bab el

Commentary : Fossil fuels are winning the battle for easy money

U . S . shale oil growth to slow as prime drilling acreage runs out ( Report )

Danielle Smith is dancing to the separatist tune

What is stored of this pane is how many articles each topic returned at each build, and which of them came from cache.

requests used

2026-09-04 3.00 → 2026-10-18 5.00

No five-year line: is queried live at every build and nothing older than the build archive is kept.

No analog table: no linked price for an article count per topic: a count of articles is attention, not a price: the six topics here span the Fed, OPEC, sanctions, chokepoints, nuclear risk and China, and no instrument settles their sum. Point 2 of the History contract asks for the forward move of the price this leaf is linked to, and this leaf is not linked to one; no other series' episodes are shown in its place.

What changed since last week

leaf	then	now	change	compared with
requests used	5.00	5.00	unchanged	2026-10-11

0 of 1 headline leaves moved. A repeated value can mean the upstream had not published, not that nothing happened.

Price analogs are the part of this contract that is missing here, and the reason is printed above rather than left blank.

topics · 2 rows

id	articles	cached
fed_policy	8 items	yes
opec_supply	5 items	no

scalars

field	value
requests used	5

10 rows and 3 fields withheld at this tier: absent from the page, not hidden in it.

Market implications — news volume against the tape Grade D · descriptiveas of 2026-10-18T21:57:39Z

ReadHistoryData

topic	instrument	r	n	verdict
oil_supply	CL=F	0.14	35	none
fed_policy	^GSPC S&P 500-1.09%	no reading	0	insufficient data

Correlation of hourly news volume per topic with that instrument's hourly returns over the stated window, with n on every row. Most of these intervals straddle zero, and the verdict column says so rather than letting the coefficient imply a link.

This pane's own published verdict on 1 of its 2 pairs is that no link is measurable. Its stored leaf is those coefficients and their counts.

window h

2026-09-11 336.00 → 2026-10-18 336.00

No five-year line: these coefficients are recomputed over a rolling 336-hour window at every build, so the leaf has no record older than the build archive.

No analog table: no linked price for a correlation between news volume and returns: the leaf is a coefficient, not a level: it has no forward move of its own, and drawing five years of one of the instruments it is measured against would put a price chart under a null result and invite it to be read as the finding. Point 2 of the History contract asks for the forward move of the price this leaf is linked to, and this leaf is not linked to one; no other series' episodes are shown in its place.

What changed since last week

leaf	then	now	change	compared with
window h	336.00	336.00	unchanged	2026-10-11

0 of 1 headline leaves moved. A repeated value can mean the upstream had not published, not that nothing happened.

Price analogs are the part of this contract that is missing here, and the reason is printed above rather than left blank.

pairs · 2 rows

topic	symbol	n	r	ci	relationship	lead	read
oil_supply	CL=F	35	0.14	-0.20, 0.45	none	verdict no lead, lag_h -3, r_lag 0.33	No reliable link between oil_supply news volume and CL=F hourly returns over 14d
fed_policy	^GSPC	0	not reported	not reported	insufficient data	verdict no lead, lag_h 0, r_lag None	Too few shared hours (n=0) to say anything about fed_policy news vs ^GSPC — no c

scalars

field	value
window h	336

3 rows and 3 fields withheld at this tier: absent from the page, not hidden in it.

Maritime and supply

Supply chain — chokepoints and freight Grade D · descriptiveas of 2026-10-18T21:53:21Z

ReadHistoryData

chokepoint	transits, 7d avg	WoW	tanker share	as of
Suez Canal	41.7	-3.3%	0.41	2026-10-11
Strait of Hormuz	4.1	+52.6%	0.14	2026-10-11

freight index	level	change	as of
CCFI	1,922.6	+0.54%	2026-10-16 · en.sse.net.cn
BDI	2,545.0	-4.57%	not stated

· Strait of Hormuz transits +52.6% WoW (7d avg 4.1/day, tanker share 0.14)

Transit counts and freight indices as published, each with its own as-of. This is the maritime panel: the chokepoints we already print, not a new crawler.

The leaves here are 2 chokepoint transit counts and three freight indices. The transit record behind them did not reach this pane: this build's payload carries no transit record - the public tier withholds it, and a bundle built before 2026-09-24 never had one.

No five-year line in this build: this build's payload carries no transit record - the public tier withholds it, and a bundle built before 2026-09-24 never had one. The latest seven-day average and week-on-week change are in the table below.

No analog table: no linked price for a canal transit count: transits and freight indices are not priced in any series this site holds five years of; the nearest candidate would be crude, which is a different thing measured in different units. Point 2 of the History contract asks for the forward move of the price this leaf is linked to, and this leaf is not linked to one; no other series' episodes are shown in its place.

What changed since last week

leaf	then	now	change	compared with
chokepoints › Bab el-Mandeb Strait › latest 7d avg	29.60	28.30	-1.3	2026-10-11
chokepoints › Cape of Good Hope › latest 7d avg	87.70	84.00	-3.7	2026-10-11
chokepoints › Malacca Strait › latest 7d avg	226.30	233.00	+6.7	2026-10-11
chokepoints › Panama Canal › latest 7d avg	27.10	25.90	-1.2	2026-10-11
chokepoints › Strait of Hormuz › latest 7d avg	2.70	4.10	+1.4	2026-10-11
chokepoints › Suez Canal › latest 7d avg	43.10	41.70	-1.4	2026-10-11
chokepoints › Taiwan Strait › latest 7d avg	233.00	229.90	-3.1	2026-10-11

7 of 7 headline leaves moved. A repeated value can mean the upstream had not published, not that nothing happened.

Price analogs are the part of this contract that is missing here, and the reason is printed above rather than left blank.

chokepoints · 2 rows

name	latest date	latest 7d avg	wow pct	tanker share
Suez Canal	2026-10-11	41.70	-3.30	0.41
Strait of Hormuz	2026-10-11	4.10	52.60	0.14

freight · 2 rows

index	value	change pct	as of
CCFI	1,922.60	0.54	2026-10-16
BDI	2,545.00	-4.57	not reported

6 rows and 3 fields withheld at this tier: absent from the page, not hidden in it.

Evidence grades. Every figure on this site carries a grade assigned by the validation layer, not by the author: D a descriptive fact computed from the record; C a historical distribution with its sample count; N a hypothesis tested and unable to beat chance under the stated control; T a tested-positive claim under the full protocol — none exists as of this build, which is why no forecast appears. Nulls are published in the null-result registry. MacroTerminal is a research publication and is not investment advice; nothing here is a recommendation to buy or sell anything. Grades and as-of dates are on every chart.

How the figures on this page are constructed is proprietary. For methodology questions, write to e@finkfi.com.