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Quantifying sentiment that drives the world economy

Sentiment-driven intelligence for global markets

Markets move on narratives before they show up in the data. Permutable captures and structures millions of global signals across assets, sectors, macro themes and geopolitical events – turning information overload into actionable sentiment intelligence for institutional teams.

Recently named Hedgeweek’s Technology Provider of the Year: Innovation, Permutable helps teams uncover an underused source of alpha and understand what is moving markets – without watching everything.

  • Permutable announces its Hedgeweek European Innovation Award 2026 win for narrative intelligence, featuring a digital market intelligence backdrop and award trophy.
  • Permutable chart showing US inflation sentiment from 2016 to 2026 compared with official CPI YoY inflation, highlighting pre-pandemic, pandemic shock and post-pandemic inflation regimes.
  • Permutable announces its Hedgeweek European Innovation Award 2026 win for narrative intelligence, featuring a digital market intelligence backdrop and award trophy.
  • Permutable chart showing US inflation sentiment from 2016 to 2026 compared with official CPI YoY inflation, highlighting pre-pandemic, pandemic shock and post-pandemic inflation regimes.
  • Permutable announces its Hedgeweek European Innovation Award 2026 win for narrative intelligence, featuring a digital market intelligence backdrop and award trophy.
  • Permutable chart showing US inflation sentiment from 2016 to 2026 compared with official CPI YoY inflation, highlighting pre-pandemic, pandemic shock and post-pandemic inflation regimes.

  • 1m+

    narratives processed daily

  • 250k +

    sources analysed

  • 80 +

    languages covered

  • 70 +

    assets covered

View workflow examples

What institutional teams can access

  • Global Macro Sentiment Indices

    Hourly, point-in-time country and topic indices covering inflation, growth, monetary policy, fiscal risk, FX and political pressure across 95 countries, 80+ languages, 70 macro topics across 8 pillars including economic data, exogenous shocks, financial markets, fiscal policy, geopolitics, monetary policy and trade.

  • Commodity and asset sentiment indices

    Access structured sentiment indices and market-driver intelligence across energy, metals, agriculture and other traded assets. Track supply, demand, policy, weather, infrastructure and geopolitical pressures, using historical and live signals to support research, model development, trade construction, monitoring and risk management.

  • Geopolitical and narrative intelligence

    Monitor geopolitical events and evolving narratives through structured signals covering escalation, persistence, exposure and cross-market transmission. Trace movements to sources, identify themes strengthening or fading, and assess how political, regulatory, security and conflict developments may influence markets and portfolio risk.

  • API, Excel and institutional feeds

    Deliver historical and live Permutable data into workflows through API, Excel and institutional feeds. Integrate indices, source-level records and market-driver signals into models, dashboards, research environments and monitoring systems, with consistent schemas supporting backtesting, production deployment and scalable use across teams.

Explore the datasets

See the intelligence in action

Explore how Permutable turns global information flow into structured indices, market-driver analysis, narrative monitoring and decision-ready signals across macro, commodities and geopolitical risk.

Track escalation and narrative persistence

Track ceasefire developments, escalation signals and narrative persistence across sources, revealing how geopolitical events evolve and transmit across exposed markets.

Real-time narrative intelligence dashboard tracking ceasefire-related market narratives. Displays headline volume, sentiment trends, event alerts, bullish and bearish signals, peak activity periods and high-impact geopolitical developments that may influence financial markets and commodity prices.

Proven in live markets. Tested across regimes.

A 16-month live commodities futures experiment delivered 28.54% total return, 20.86% annualised return, 7.01% annualised volatility and a −2.95% maximum drawdown. Alongside out-of-sample US rates research and real-time inflation analysis, these results show how Permutable signals perform across markets, regimes and institutional workflows.

  • Dark-themed performance comparison chart showing Permutable's Live Strategy, Bloomberg Commodities Index, and S&P 500 from October 2024 to February 2026. The Permutable strategy, displayed in bright cyan, outperforms the Bloomberg Commodities Index and closely tracks the S&P 500, ending with approximately 24% returns. The chart includes a marker highlighting the 12-month anniversary since launch and demonstrates the effectiveness of AI-powered market intelligence and narrative-driven trading signals.
  • Dark Permutable infographic comparing US CPI hard data with point-in-time GMSI inflation sentiment, showing headline and core CPI rising through May 2026 while energy, broad inflation and services sentiment shifted in real time.
  • Dark Permutable infographic showing fixed-rule out-of-sample results for GMSI monetary policy sentiment as a short-end rates signal, including OOS Sharpe, return, drawdown, hit rate and topic-level Sharpe comparison.
  • Dark-themed performance comparison chart showing Permutable's Live Strategy, Bloomberg Commodities Index, and S&P 500 from October 2024 to February 2026. The Permutable strategy, displayed in bright cyan, outperforms the Bloomberg Commodities Index and closely tracks the S&P 500, ending with approximately 24% returns. The chart includes a marker highlighting the 12-month anniversary since launch and demonstrates the effectiveness of AI-powered market intelligence and narrative-driven trading signals.
  • Dark Permutable infographic comparing US CPI hard data with point-in-time GMSI inflation sentiment, showing headline and core CPI rising through May 2026 while energy, broad inflation and services sentiment shifted in real time.
  • Dark Permutable infographic showing fixed-rule out-of-sample results for GMSI monetary policy sentiment as a short-end rates signal, including OOS Sharpe, return, drawdown, hit rate and topic-level Sharpe comparison.
  • Dark-themed performance comparison chart showing Permutable's Live Strategy, Bloomberg Commodities Index, and S&P 500 from October 2024 to February 2026. The Permutable strategy, displayed in bright cyan, outperforms the Bloomberg Commodities Index and closely tracks the S&P 500, ending with approximately 24% returns. The chart includes a marker highlighting the 12-month anniversary since launch and demonstrates the effectiveness of AI-powered market intelligence and narrative-driven trading signals.
  • Dark Permutable infographic comparing US CPI hard data with point-in-time GMSI inflation sentiment, showing headline and core CPI rising through May 2026 while energy, broad inflation and services sentiment shifted in real time.
  • Dark Permutable infographic showing fixed-rule out-of-sample results for GMSI monetary policy sentiment as a short-end rates signal, including OOS Sharpe, return, drawdown, hit rate and topic-level Sharpe comparison.

Intelligence built for how modern markets trade

From systematic strategies to discretionary portfolios, Permutable delivers structured market intelligence designed to help firms identify emerging market drivers, anticipate macro regime shifts, and uncover opportunities before markets fully react to changing narratives, sentiment dynamics, and information flow.

  • Hedge Funds

    Real-time narrative, asset-level and macro sentiment intelligence designed to support alpha generation, positioning, and live trading decisions in increasingly event-driven financial markets. Detect crowded positioning, accelerating narrative momentum, and emerging macro catalysts before market consensus forms.

  • Energy & Commodity Traders

    Track real-time commodity narratives and macro sentiment across supply, demand, geopolitics, weather, sanctions and macro shifts, identifying disruption, escalation and volatility signals shaping expectations, cross-commodity pricing and market risk.

  • Investment Banks

    Deliver forward-looking market intelligence across research, sales, trading, and institutional client workflows through AI-driven narrative and macro analysis. Improve macro timing and thematic conviction through real-time contextual market intelligence.

  • Asset Managers

    Identify macro sentiment shifts and asset-level market drivers earlier to improve allocation decisions, thematic positioning, portfolio construction, and risk management. Improve macro timing, thematic conviction, and portfolio risk visibility through real-time contextual intelligence.

Explore the datasets

Why Permutable

  • Point-in-time by construction

    Historical data reflects only the information available at each moment.

  • Historical and live consistency

    The same structure can be used from backtesting through to production monitoring.

  • Directional and semantic sentiment

    Separate the direction of an economic variable from the tone of the coverage.

  • Domestic and international separation

    Identify whether pressure is forming locally or being amplified by global markets.

  • Source-level traceability

    Move from an index value back to the underlying headlines and drivers.

Request sample indices and API access

How our Intelligence Engine works

Real-time data ingestion

Permutable captures and processes high-frequency information from global news flow. This gives institutions a live view of the events, narratives, and developments shaping asset prices, market behaviour, and emerging risk across regions and sectors.

  • Real-time data ingestion

  • Natural language processing & LLMs

  • Narrative analysis & sentiment modelling

  • Signal construction

  • Cross-market regime analysis

  • Signal structuring & delivery

  • Validation & quality control

See how Permutable fits your workflow

News and insights

Real-time market intelligence, macro analysis, and narrative research exploring the forces shaping global market repricing before they become consensus.

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Permutable FAQ

  • What does Permutable do?

    Permutable converts global information flow into structured, explainable market signals – macro sentiment indices, commodity intelligence and asset-level sentiment – delivered to institutions by API, Excel plugin and dashboard-ready feeds.

  • Who uses Permutable's intelligence

    Our institutional-grade intelligence is used by leading hedge funds, asset managers, investment banks, energy desks and commodity trading teams.

  • What data does Permutable provide?

    Permutable’s data and intelligence offering comprises the Global Macro Sentiment Indices across 90+ countries and 80+ languages from 250,000 curated sources, commodity and energy intelligence feeds, FX and asset sentiment indices – hourly, point-in-time, 11+ years of history.

  • How is Permutable different from news analytics vendors?

    Permutable’s coverage is macro- and asset-centric rather than entity-centric, we separate domestic from international narratives, distinguish directional from semantic sentiment, and every value is traceable to its sources.

  • How do institutions access the data?

    Institutions access Permutable’s data through API, data feeds, dashboards and enterprise integrations, allowing teams to bring structured macro, commodities, FX, geopolitical and asset-level sentiment signals directly into their research, trading, risk and portfolio workflows.