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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ChinaChina CB Leading Economic Index climbed to 1.6% in September 2015
FMPMonthlyReleased October 2015
China CB Leading Economic Index climbed to 1.6% in September 2015, released October 2015, up 0.6% from August's 1.0% reading.
Latest Release
1.600000
Actual
—
Consensus
1.000000
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/CNY | ▼ Inverse | −0.50 | FOREX | Bullish CNY | → View |
| AUD/USD | ▲ Direct | +0.45 | FOREX | Bullish AUD | → View |
| Copper | ▲ Direct | +0.40 | COMMODITIES | Watch | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CB Leading Economic Index (China) was reported at 1.6% in October 2015. The reading rose from the previous value of 1%.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 1.17%, up from the prior three at 0.97%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/CNY (Bullish CNY). A secondary relationship exists with AUD/USD, positively correlated (Bullish AUD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Loan Prime Rate 5Y (Jun 22) and Loan Prime Rate 1Y (Jun 22).
Auto-generated from current model state · Refreshes on each release · Last update October 2015.
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CB Leading Economic Index - CN
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About CB Leading Economic Index — China
DEFINITION
The CB Leading Economic Index is a widely recognized financial indicator that provides insight into the future direction of the economy. It is a composite index that combines various economic data, such as employment, consumer spending, and stock market performance, to forecast changes in economic activity. This indicator is used by businesses, policymakers, and investors to make informed decisions and anticipate potential shifts in the economy. With its proven track record of accurately predicting economic trends, the CB Leading Economic Index is a valuable tool for assessing the overall health of the 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 (Sep 2015): actual 1.6 %. Prior reading (Aug 2015): 1 %. Before that (Jul 2015): 0.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a 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. This indicator correlates most strongly with USD/CNY (Bullish CNY, r=-0.50) — a useful reference for forex-focused traders.