Last Updated on: 29th January 2025, 04:19 pm
Macro Hive, a leading provider of AI-driven financial analytics, has expanded its suite of central bank sentiment indices to include the European Central Bank (ECB), the Bank of England (BoE), and the Bank of Japan (BoJ).
Building on the success of its Federal Reserve (Fed) sentiment index, these new tools offer investors an unrivalled perspective on central bank communications and policy signals.
Advancing Central Bank Sentiment Analysis
Conventional sentiment indices for central bank statements often rely on models such as BERT, which are trained exclusively on sentence-level data. In contrast, Macro Hive employs the latest large language models (LLMs), incorporating both paragraph- and sentence-level data. This innovative approach enhances contextual understanding, making it the most sophisticated model for central bank sentiment analysis.
Bilal Hafeez, Head of Research at Macro Hive, stated:
“Our new LLM sentiment indices provide investors with a significant edge by extracting more precise signals from central bank communication.
“All our indices lead interest rates and outperform existing sentiment indices, and our expansion to the BoE, ECB and BoJ reflects our commitment to delivering tools that push the boundaries of financial analytics.”
Delivering Global Insights to Investors
With the introduction of sentiment indices for the ECB, BoE, and BoJ, Macro Hive equips investors with enhanced tools to monitor central bank sentiment and anticipate policy shifts. These indices provide a powerful resource for understanding global financial markets with unmatched accuracy.
For more details on Macro Hive’s central bank sentiment indices, contact bilal@macrohive.com.
