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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
CanadaCanada Foreign Investment in Canadian Securities fell to -6.31B in April 2013
FMPMonthlyReleased April 2013
Canada Foreign Investment in Canadian Securities fell to -6.31B in April 2013, down 20.63B from March's 14.32B reading. The reading missed the 7.28B consensus by 13.59B.
Latest Release
-6.31
Actual
7.28
Consensus
14.32
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/CAD | ▼ Inverse | −0.50 | FOREX | Bullish CAD | → View |
| CAD/JPY | ▲ Direct | +0.45 | FOREX | Bullish CAD | → View |
| WTI Crude | ▲ Direct | +0.40 | COMMODITIES | Watch | → View |
| EUR/CAD | ▼ Inverse | −0.35 | FOREX | Bullish CAD | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Foreign Investment in Canadian Securities (Canada) was reported at -6.31 billion in April 2013. This missed the market consensus of 7.28 billion by 13.59 billion. The reading fell from the previous value of 14.32 billion.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/CAD (Bullish CAD). A secondary relationship exists with CAD/JPY, positively correlated (Bullish CAD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include New Housing Price Index MoM (Jun 17) and Retail Sales MoM (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update April 2013.
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Foreign Investment in Canadian Securities - CA
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About Foreign Investment in Canadian Securities — Canada
DEFINITION
Foreign Investment in Canadian Securities is a financial indicator that measures the amount of money invested by non-residents in Canadian securities, such as stocks, bonds, and money market instruments. This indicator provides valuable insight into the level of confidence and interest that foreign investors have in the Canadian economy, as well as the overall strength of the Canadian financial market. It is an important measure for policymakers and investors to monitor, as it can impact the value of the Canadian dollar and the performance of the Canadian stock market.
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 (Apr 2013): actual -6.31 B, consensus 7.28 B.
WHAT'S NEXT
This indicator correlates most strongly with USD/CAD (Bullish CAD, r=-0.50) — a useful reference for forex-focused traders.