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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BahrainBahrain M2 Money Supply YoY fell to -1.1% in March 2024
FMPMonthlyReleased May 2024
Bahrain M2 Money Supply YoY fell to -1.1% in March 2024, released May 2024, down 0.6% from February's -0.5% reading. The reading missed the -0.3% consensus by 0.8%. M2 Money Supply YoY has now declined for 4 consecutive months. Over the past 3 months, M2 Money Supply YoY averaged 0.2%, vs 4.44% in the prior 3-month window. M2 Money Supply YoY is now the lowest in 6 months.
Latest Release
-1.1
Actual
-0.3
Consensus
-0.5
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 RELEASE
M2 Money Supply YoY (Bahrain) was reported at 2.2% in January 2025. The reading fell from the previous value of 3.4%.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 3.63%, up from the prior three at 1.9%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update January 2025.
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M2 Money Supply YoY - BH
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About M2 Money Supply YoY — Bahrain
DEFINITION
M2 Money Supply YoY is a financial indicator that measures the annual change in the amount of money in circulation in an economy. It includes all physical currency, checking and savings deposits, and other liquid assets. This indicator is closely monitored by economists and investors as it provides insight into the overall health and growth of an economy. A higher M2 Money Supply YoY can indicate increased economic activity and potential inflation, while a lower reading may suggest a slowing economy.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Nov 2024): actual 2.2 %. Prior reading (Oct 2024): 3.4 %. Before that (Sep 2024): 5.3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.