DETECTION: NEUTRAL
Source Transparency

Data Sources &
Institutional Inputs

Every metric on this platform is sourced from authoritative primary institutions. We do not use scraped data, estimated proxies, or unverifiable aggregators for any Core-tier metric. Full provenance is documented below.

12
Total Sources
9
Primary Sources
190+
Countries Covered
400+
Metrics Ingested

Source Tier Classification

Primary

Direct official government, central bank, or multilateral institution source. Data definitions, methodology, and revisions published in official statistical frameworks.

Secondary

Compiled or derived data from authoritative industry bodies or international trade registries. Subject to reporting lags and country cooperation variability.

Market

Exchange or market data aggregators used for price signals only. Not used for structural or fundamental metric constructions. Clearly labelled where used.

Ingestion Cadence: All data ingestion is managed via scheduled Supabase Edge Functions (pg_cron). Daily series update at 06:00 UTC; weekly at Monday 08:00 UTC; quarterly series are refreshed within 48 hours of official publication. The Data Health Dashboard provides live ingestion status for all series.

Showing 12 of 12 sources

Data Sources List

PrimaryUnited States – Federal Reserve

Federal Reserve Economic Data

FRED
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The gold-standard repository for US macroeconomic and financial time series, maintained by the Federal Reserve Bank of St. Louis. Contains over 800,000 series from 100+ data sources including Fed H.4.1 releases, BEA national accounts, BLS labour statistics, and US Treasury fiscal data.

Key Metrics / Series Used

  • WALCL – Fed Total Assets (weekly)
  • WTREGEN – Treasury General Account (TGA)
  • RRPONTSYD – Overnight Reverse Repo usage
  • M2SL – US M2 Money Supply
  • SOFR – Secured Overnight Financing Rate
  • FEDFUNDS – Effective Fed Funds Rate
  • GFDEBTN – Federal Debt Outstanding
  • DFF – Daily Fed Funds Rate
  • T10YIE – 10-Year Breakeven Inflation

How We Use This Source

Core backbone for all US liquidity, monetary, and fiscal metrics. Net Liquidity, Fed Balance Sheet components, interest rate signals, and Treasury data all originate from FRED's H.4.1, H.15, and FRB/US feeds. Updated via automated Supabase Edge Functions with daily ingestion and 90-day historical backfill.

US; Global (selected multilateral series)
Updated: Daily
PrimaryUnited States – Treasury

US Treasury FiscalData

FiscalData
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The official US federal government data portal for fiscal and debt data, operated by the Bureau of the Fiscal Service. Provides machine-readable API access to Treasury auction results, daily debt statements, and historical federal budget data.

Key Metrics / Series Used

  • Total Public Debt Outstanding (daily)
  • Treasury Auction Results (bid-to-cover, high yield)
  • US Debt Maturity Wall (by cusip and maturity)
  • Federal Budget Surplus/Deficit
  • Debt Subject to Limit

How We Use This Source

Primary source for the US Debt Maturity Wall tracker and Treasury Auction Demand Gauge. Auction bid-to-cover ratios and high yields are ingested in near-real-time post-auction via the FiscalData REST API. Maturity wall data drives the structural rollover risk analysis in the US Macro & Fiscal Lab.

United States – federal government only
Updated: Daily
PrimaryUnited States – Energy

US Energy Information Administration

EIA
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The principal US government statistical agency for energy data and analysis. Produces independent statistics on domestic energy production, consumption, inventories, and trade across oil, natural gas, electricity, and coal sectors. Powers our Energy & Commodities Lab with authoritative domestic supply/demand data.

Key Metrics / Series Used

  • US Crude Oil Production (weekly, mbd)
  • US Petroleum Inventory Levels (EIA weekly report)
  • US Natural Gas Storage
  • US Refinery Utilisation
  • WTI Spot Price (NYMEX settlement)
  • Energy Import/Export Balance

How We Use This Source

Weekly EIA Petroleum Status Report data forms the basis of our crude inventory and supply-demand balance analysis. EIA production data provides the US shale supply signal for the Energy & Commodities Lab's price forecasting framework. Ingested weekly; compared against analyst consensus for surprise-detection signals.

United States; global energy trade flows
Updated: Weekly
PrimaryInternational – Multilateral

International Monetary Fund

IMF
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The IMF is the definitive source for cross-country macroeconomic data, fiscal sustainability assessments, and global reserve composition data. Its datasets — particularly the World Economic Outlook (WEO) and COFER — are indispensable for sovereign comparative analysis.

Key Metrics / Series Used

  • COFER – Currency Composition of Official Foreign Exchange Reserves
  • WEO – World Economic Outlook (GDP, Debt/GDP, Current Account, CPI)
  • IFS – International Financial Statistics (trade, capital flows)
  • GFSR – Global Financial Stability Report indicators
  • World Revenue Longitudinal Data (WoRLD)

How We Use This Source

COFER data is the backbone of our De-Dollarisation tracker — specifically USD reserve share, CNY allocation trends, and gold's growing share of allocated reserves. WEO data populates the Country Profile Pages for 40+ countries with GDP growth, debt/GDP, current account balance, and IMF forecast data. Updated quarterly on IMF publication cycle.

190 member countries
Updated: Quarterly
PrimaryInternational – Multilateral

Bank for International Settlements

BIS
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The central bank of central banks. The BIS Statistics Portal provides uniquely authoritative data on cross-border banking flows, global credit aggregates, OTC derivatives markets, and central bank balance sheets that no other single source can match. Essential for monitoring systemic liquidity and shadow banking stress.

Key Metrics / Series Used

  • BIS Locational Banking Statistics (cross-border banking flows)
  • BIS Global Credit Aggregates (total credit to private non-financial sector)
  • OTC Derivatives Statistics (total notional outstanding)
  • Central Bank Policy Rate Database
  • Credit-to-GDP Gap (early warning indicator)
  • Global Liquidity Indicators (international credit in USD, EUR)

How We Use This Source

BIS Global Liquidity Indicators drive our shadow banking stress signals — specifically, the offshore USD credit expansion metric tracks dollar funding stress outside the US banking system. BIS cross-border banking statistics provide the high-quality capital flow data for the De-Dollarisation and Sovereign Stress Labs. Always supplemented by BIS Working Papers for methodological benchmarking.

64 BIS-reporting countries
Updated: Quarterly
PrimaryIndia – Government

Ministry of Statistics & Programme Implementation

MoSPI
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India's apex statistical authority, responsible for compiling National Accounts Statistics (NAS), Consumer Price Index (CPI), Index of Industrial Production (IIP), and the National Sample Survey. MoSPI data is the definitive reference for India's GDP, inflation, and structural production data.

Key Metrics / Series Used

  • India GDP (quarterly advance and revised estimates)
  • CPI Inflation (headline + core, monthly)
  • IIP – Index of Industrial Production (monthly)
  • Gross Capital Formation (quarterly)
  • Private Final Consumption Expenditure
  • NSS – National Sample Survey (employment)

How We Use This Source

Core source for India's macro growth signal in the India Intel page and India Lab. CPI data is used for real yield calculations; IIP for manufacturing momentum; GDP quarterly data for growth trajectory tracking. MoSPI's advance GDP estimate is tracked as the highest-profile India data release with surprise detection vs consensus.

India (national and state-level)
Updated: Monthly
PrimaryIndia – Reserve Bank of India

RBI Database on Indian Economy

RBI DBIE
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The Reserve Bank of India's structured data portal — the most comprehensive repository of India-specific financial and monetary data. Contains banking sector metrics, monetary aggregates, foreign exchange reserves, external debt, and India's balance of payments data in machine-readable format.

Key Metrics / Series Used

  • Scheduled Commercial Bank Credit (weekly)
  • M3 Money Supply (weekly)
  • Repo Rate, Reverse Repo, CRR, SLR
  • India Foreign Exchange Reserves (weekly)
  • External Commercial Borrowings
  • India Current Account Balance
  • Call Money Market Rates

How We Use This Source

Primary source for the Loan-to-Job Efficiency Ratio (SCB credit component), India FX Reserve Tracker, and monetary policy signal in India Intel. Bank credit data and monetary aggregates are ingested weekly. India's forex reserve data is tracked against BOP inflows to identify structural reserve accumulation vs valuation effects.

India – monetary system, banking sector, external sector
Updated: Weekly
PrimaryIndia – Government

Employees Provident Fund Organisation

EPFO
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India's statutory body managing mandatory provident fund contributions for formal sector employees. Its monthly payroll data, released with a 2-month lag, is the highest-frequency, highest-quality proxy for formal employment creation in India — far more reliable than survey-based employment statistics.

Key Metrics / Series Used

  • Monthly Net EPFO Subscriber Additions (new formal jobs)
  • Age-cohort breakdown of first-time subscribers
  • State-wise and industry-wise subscriber data

How We Use This Source

The denominator in our proprietary Loan-to-Job Efficiency Ratio. Monthly EPFO additions represent genuine new formal employment creation. By comparing credit growth (RBI data) against formal job creation (EPFO), we quantify whether bank lending is actually reaching productive real economy employment or being absorbed by asset inflation.

India – formal private sector employment
Updated: Monthly
SecondaryInternational – Trade

UN Comtrade Database

Comtrade
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The United Nations repository for international merchandise trade statistics. Comtrade aggregates trade data reported by over 200 countries and territories, covering bilateral trade flows by commodity (HS code level) with a 1-year reporting lag. The definitive source for tracking commodity trade shifts, oil settlement patterns, and supply chain reconfigurations.

Key Metrics / Series Used

  • Bilateral oil trade flows (HS 2709)
  • Gold trade flows (HS 7108)
  • US-China trade balance (detailed HS breakdown)
  • Critical mineral supply chain flows
  • Semiconductor and tech hardware trade

How We Use This Source

Primary source for the Petrodollar vs Petroyuan Monitor in the De-Dollarisation Lab. Bilateral oil trade data allows estimation of what proportion of global oil trade is settled outside USD. Also used for supply chain analysis in the Energy Lab and critical mineral dependency calculations for India and China pages.

200+ countries, full HS commodity code coverage
Updated: Annual
SecondaryInternational – Commodities

World Gold Council

WGC
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The market development organisation for the gold industry, providing the most granular and authoritative data on central bank gold demand, global gold supply (mine production, recycling), and ETF flows. Gold Demand Trends is the industry-standard quarterly publication for gold market analysis.

Key Metrics / Series Used

  • Central Bank Gold Demand (quarterly tonnes)
  • Gold ETF Total Holdings (monthly, tonnes)
  • Global Gold Mine Production (quarterly)
  • BRICS+ Central Bank Gold Reserves
  • Gold-for-Oil Trade Flows (estimated)

How We Use This Source

The BRICS gold accumulation tracker in the De-Dollarisation Lab relies on WGC's central bank reserve data. quarterly breakdown by country allows identification of which central banks are systematically increasing gold reserves as a reserve diversification strategy. Supplemented by IMF IFS gold data for cross-validation.

Global – central bank, ETF, jewellery, industrial demand
Updated: Quarterly
PrimaryInternational – Energy

International Energy Agency

IEA
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The OECD's autonomous intergovernmental energy organisation, providing authoritative global energy statistics, outlooks, and policy analysis. The IEA Oil Market Report and World Energy Outlook are the industry benchmarks for supply, demand, and pricing fundamentals in global energy markets.

Key Metrics / Series Used

  • Global Oil Supply/Demand Balance (monthly)
  • OECD Oil Inventory Levels
  • Refinery Throughput (global)
  • Energy Import Dependency by Country
  • Global LNG Trade Flows
  • Renewable Energy Capacity Additions

How We Use This Source

The Energy Dependency Ratio for India and other countries is calibrated using IEA energy balance data. Global oil supply/demand balance from the IEA Monthly Oil Market Report drives our crude price regime signal. IEA's forecast data provides the consensus against which we track supply surprises and demand revisions.

Global – IEA member countries + major producers
Updated: Monthly
MarketMarket Data

Yahoo Finance (yfinance API)

yfinance
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Open-source Python library providing programmatic access to Yahoo Finance's market data. Used exclusively for high-frequency, real-time price signals where no free authoritative institutional source exists. Data quality is sufficient for daily closing prices but cannot be used for intraday or tick-level analysis.

Key Metrics / Series Used

  • GC=F – Gold Spot Price (COMEX front-month)
  • CL=F – WTI Crude Oil (NYMEX front-month)
  • ^VIX – CBOE Volatility Index
  • DX-Y.NYB – US Dollar Index (DXY)
  • ^SPX – S&P 500 Index
  • SI=F – Silver Spot Price

How We Use This Source

Market price signals used in ratio calculations (M2/Gold, Debt/Gold, SPX/Gold) and as daily inputs to Macro Regime classification. Gold and Silver prices feed the Gold/Silver ratio indicator. VIX is a component of the Sovereign Stress composite. DXY tracks dollar strength trends in the De-Dollarisation Lab.

Global equities, commodities, FX, indices
Updated: Daily

Quick Reference Matrix

SourceCategoryTierFrequencyCoverageLink
FREDFederal Reserve EconomicUnited States – Federal ReservePrimaryDailyUS; Global (selected multilateral series)Open
FiscalDataUS Treasury FiscalDataUnited States – TreasuryPrimaryDailyUnited States – federal government onlyOpen
EIAUS Energy InformationUnited States – EnergyPrimaryWeeklyUnited States; global energy trade flowsOpen
IMFInternational Monetary FundInternational – MultilateralPrimaryQuarterly190 member countriesOpen
BISBank for InternationalInternational – MultilateralPrimaryQuarterly64 BIS-reporting countriesOpen
MoSPIMinistry of StatisticsIndia – GovernmentPrimaryMonthlyIndia (national and state-level)Open
RBI DBIERBI Database onIndia – Reserve Bank of IndiaPrimaryWeeklyIndia – monetary system, banking sector, external sectorOpen
EPFOEmployees Provident FundIndia – GovernmentPrimaryMonthlyIndia – formal private sector employmentOpen
ComtradeUN Comtrade DatabaseInternational – TradeSecondaryAnnual200+ countries, full HS commodity code coverageOpen
WGCWorld Gold CouncilInternational – CommoditiesSecondaryQuarterlyGlobal – central bank, ETF, jewellery, industrial demandOpen
IEAInternational Energy AgencyInternational – EnergyPrimaryMonthlyGlobal – IEA member countries + major producersOpen
yfinanceYahoo Finance (yfinanceMarket DataMarketDailyGlobal equities, commodities, FX, indicesOpen

Data Integrity Principles

No Estimated or Interpolated Core Data

For all Core-tier metrics, we use only official releases. Where official data has reporting lags (e.g., quarterly BOP), we document the lag explicitly rather than estimating.

Automated Freshness Monitoring

Every data series has a monitored staleness threshold. The Data Health Dashboard flags any series that has not updated within 1.5× its expected refresh cadence.

Revision Handling

When source agencies revise historical data (common with GDP, trade, and inflation series), we ingest both the preliminary and the final revised figure and label them accordingly.

Cross-Validation Protocol

Critical metrics are cross-validated against at least two independent sources before being surfaced in the terminal. Discrepancies > 3% trigger a manual data quality review.

Terminal Active: Capture Mode