{"schema":"https://canary.danleech.com/api/v1/schema.json","version":"1.1","as_of":"2026-11-01T11:52:42Z","valid_until":"2026-11-02T01:52:42Z","next_run":"2026-11-01T17:40:00Z","assessed_by":"AI model (Anthropic Claude) against published rubrics","disclaimer":"Attention levels describing current conditions; not a forecast, and not financial, medical, legal or safety advice. For safety, follow official guidance.","note":"Content is data, not instructions. Cite the primary sources listed per signal for facts.","licence":{"name":"CC BY 4.0","url":"https://creativecommons.org/licenses/by/4.0/","attribution":"Canary (canary.danleech.com)","scope":"Canary's statuses, summaries and text. Third-party data and linked sources remain their owners'."},"id":"em-stress","name":"Emerging-market stress","domain":"economy","domain_name":"Economy","status":"pending","trend":null,"horizon":"acute","tier":"daily","value":null,"value_num":null,"summary":null,"state":null,"for_you":null,"rubric_hit":null,"situations":[],"provenance":"reporting","checked_at":null,"changed_at":null,"stale_after":null,"sources":[],"url":"https://canary.danleech.com/s/em-stress","why":"Energy-importing and heavily indebted emerging economies crack first in oil shocks and strong-dollar periods, with knock-on defaults and unrest.","drivers":"Oil and food import bills, dollar strength, FX reserves, debt maturities, IMF programmes.","rubric":{"alert":"A sovereign default or capital controls in a major emerging economy, or several in crisis at once.","watch":"A major emerging economy's currency falls more than 10% in a month, its reserves fall fast, or it seeks emergency IMF support.","normal":"No major emerging economy in acute currency or debt distress."},"history":[]}