Loading page content
Loading page content
Spain Tourist Arrivals climbed to 2,216K in July 2021, released August 2021, up 852.4K from June's 1,363.6K reading.
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).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| EUR/GBP | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
| DAX | ▲ Direct | +0.35 | INDEX | Bullish EU | → View |
| EUR/JPY | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Tourist Arrivals (Spain) was reported at 2,216 thousand in August 2021. The reading rose from the previous value of 1,364 thousand.
Historically, this indicator is positively correlated with EUR/USD (Bullish EUR). A secondary relationship exists with DAX, positively correlated (Bullish EU).
Same-country events in the next 14 days include Balance of Trade (Jun 23) and Gross Domestic Product QoQ (Jun 25).
Auto-generated from current model state · Refreshes on each release · Last update August 2021.
Tourist Arrivals is a financial indicator that measures the number of visitors entering a country for leisure or business purposes. It provides valuable insights into the health of a country's tourism industry and its overall economic performance. This indicator is often used by governments, businesses, and investors to make informed decisions and assess the potential impact of tourism on a country's economy. A high number of tourist arrivals can indicate a strong and thriving tourism sector, while a decline may signal potential challenges or opportunities for growth.
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.
Latest reading (Jun 2021): actual 2,216 K.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments