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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustriaAustria Business Confidence climbed to -5.3 in January 2023
FMPMonthlyReleased January 2023
Austria Business Confidence climbed to -5.3 in January 2023, up 3.4 from December's -8.7 reading.
Latest Release
-5.300000
Actual
—
Consensus
-8.700000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The January 2023 reading rose from the previous value of -8.7. Historically, this indicator is positively correlated with EUR/USD (Watch) and negatively correlated with USD/JPY (Watch).
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Business Confidence - AT
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