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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil Exports fell to 15,551M in February 2013
FMPMonthlyReleased March 2013
Brazil Exports fell to 15,551M in February 2013, released March 2013, down 416M from January's 15,967M reading.
Latest Release
15551.000000
Actual
—
Consensus
15967.000000
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 |
|---|---|---|---|---|---|
| USD/BRL | ▼ Inverse | −0.50 | FOREX | Bullish BRL | → View |
| EUR/USD | ▲ Direct | +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
Exports (Brazil) was reported at 15,551.00 million in March 2013. The reading fell from the previous value of 15,967.00 million.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/BRL (Bullish BRL). A secondary relationship exists with BTC/USD, positively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Interest Rate Decision (Jun 17) and CFTC BRL speculative net positions (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update March 2013.
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Exports - BR
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About Exports — Brazil
DEFINITION
Exports refer to the goods and services that a country produces and sells to other countries. This financial indicator is used to measure the strength of a country's economy and its international trade relationships. A high level of exports can indicate a healthy economy and a competitive market, while a decrease in exports may signal a decline in economic activity. This information is important for businesses, investors, and policymakers to make informed decisions about trade and economic policies.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. 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 (Mar 2013): actual 15,551 M.
WHAT'S NEXT
This indicator correlates most strongly with USD/BRL (Bullish BRL, r=-0.50) — a useful reference for forex-focused traders.