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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland USD Consumption Indicator fell to 1.28 in November 2013
FMPMonthlyReleased November 2013
Switzerland USD Consumption Indicator fell to 1.28 in November 2013, down 0.28 from October's 1.56 reading.
Latest Release
1.280000
Actual
—
Consensus
1.560000
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/CHF | ▼ Inverse | −0.50 | FOREX | Bullish CHF | → View |
| EUR/CHF | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| CHF/JPY | ▲ Direct | +0.40 | FOREX | Bullish CHF | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| GBP/CHF | ▼ Inverse | −0.35 | FOREX | Bullish CHF | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
USD Consumption Indicator (Switzerland) was reported at 1.28 in November 2013. The reading fell from the previous value of 1.56.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/CHF (Bullish CHF). A secondary relationship exists with EUR/CHF, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Current Account (Jun 23) and KOF Leading Indicators (Jun 30).
Auto-generated from current model state · Refreshes on each release · Last update November 2013.
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USD Consumption Indicator - CH
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About USD Consumption Indicator — Switzerland
DEFINITION
The USD Consumption Indicator is a key measure of consumer spending in the United States, providing valuable insights into the overall health of the economy. This indicator tracks the amount of money spent by individuals and households on goods and services, including durable goods, non-durable goods, and services. It is a crucial tool for investors, businesses, and policymakers in understanding the current and future trends of consumer behavior and its impact on the US economy. With its timely and accurate data, the USD Consumption Indicator is a reliable gauge for assessing the strength of consumer demand and making informed financial decisions.
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 2013): actual 1.28.
WHAT'S NEXT
This indicator correlates most strongly with USD/CHF (Bullish CHF, r=-0.50) — a useful reference for forex-focused traders.