The Market Brief Daily
Market structure • Physical supply • Macro transmission
About

Independent market research, focused on mechanics.

The Market Brief Daily publishes clear, risk-aware analysis across metals and macro—with emphasis on market structure: inventories, delivery windows, funding/lease rates, positioning, and transmission mechanisms.

What you’ll find here

  • Metals market plumbing: COMEX inventory, delivery dynamics, physical tightness signals.
  • Macro transmission: how rates, FX, and liquidity propagate into commodities and risk assets.
  • Risk framing: scenarios, indicators to monitor, and invalidation conditions.
Editorial stance

No prediction theater. No hype. The focus is on what changed, why it matters, and what to watch next.

For disclosures and limitations, see the disclaimer.