Global Liquidity Scorecard (GLS)
Global Liquidity Scorecard aggregates central bank balance sheets, M2 money supply, and credit conditions across 8 central banks into a single composite liquidity score. Use it to time exposure to liquidity-sensitive assets like crypto and equities.
Tracked Central Banks
- US Federal Reserve (Fed)
- European Central Bank (ECB)
- Bank of Japan (BoJ)
- People's Bank of China (PBoC)
- Bank of England (BoE)
- Swiss National Bank (SNB)
- Bank of Canada (BoC)
- Reserve Bank of Australia (RBA)
Key Metrics
Aggregate central bank balance sheet, global M2 money supply, USD liquidity indicators, credit spreads, and composite liquidity score.
Primary Data Sources
GLS aggregates balance-sheet and money-supply data directly from official releases: the Federal Reserve H.4.1 release for US Fed balance sheet, the European Central Bank economic research portal for Eurozone data, the Bank of Japan statistics, and the People's Bank of China English release page. The US M2 series is anchored in the St. Louis Fed's public FRED M2 Money Stock series (M2SL).
Frequently Asked Questions
What is the Global Liquidity Scorecard?
The Global Liquidity Scorecard (GLS) monitors the supply of global liquidity across eight major central banks. It combines balance sheet data, M2 money supply, and credit conditions into a single score that traders use to gauge the macro liquidity backdrop.
Which central banks does GLS track?
GLS tracks the US Federal Reserve, European Central Bank, Bank of Japan, People's Bank of China, Bank of England, Swiss National Bank, Bank of Canada, and Reserve Bank of Australia.
Why does global liquidity matter for crypto?
Crypto markets are liquidity-sensitive: expanding global liquidity has historically correlated with risk-asset strength, while contracting liquidity tends to coincide with drawdowns. GLS gives traders a heads-up on regime changes before they fully play out in asset prices.
Global Liquidity Scorecard
Eight central banks. One global liquidity read. Historical scorecard archive with composite metrics, money-supply tracking, and ratio charts.