Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
European UnionEurozone Deposit Facilty Rate held to -0.4% in December 2017
FMPMonthlyReleased December 2017
Eurozone Deposit Facilty Rate held to -0.4% in December 2017. The reading matched the -0.4% consensus. Deposit Facilty Rate is now the lowest in 24 months.
Latest Release
-0.4
Actual
-0.4
Consensus
-0.4
Previous
Median Absolute Error
±0 percentage points
across last 12 releases
Last Call
Dec 2017
Predicted: -0.4
Actual: -0.4
Error: +0
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 |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.50 | FOREX | Bullish EUR | → View |
| EUR/JPY | ▲ Direct | +0.45 | FOREX | Bullish EUR | → View |
| EUR/GBP | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| DAX | ▲ Direct | +0.40 | INDEX | Bullish EU | → 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.
THE RELEASE
Deposit Facilty Rate (European Union) was reported at -0.4% in December 2017. This matched the market consensus of -0.4% exactly. The reading was unchanged from the previous release. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged -0.4%, unchanged from the prior three.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/USD (Bullish EUR). A secondary relationship exists with EUR/JPY, positively correlated (Bullish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 0%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include ECB General Council Meeting (Jun 25) and ECB Economic Bulletin (Jun 25).
Auto-generated from current model state · Refreshes on each release · Last update December 2017.
SHARE
Deposit Facilty Rate - EU
Loading chart data...
About Deposit Facilty Rate — European Union
DEFINITION
The Deposit Facility Rate is a key financial indicator used by central banks to manage the economy and control inflation. It refers to the interest rate at which commercial banks can deposit excess funds with the central bank. This rate serves as a tool for regulating the money supply and influencing short-term interest rates. A higher Deposit Facility Rate encourages banks to deposit more funds with the central bank, reducing the amount of money available for lending and thus slowing down economic growth. Conversely, a lower rate incentivizes banks to lend more, stimulating economic activity. The Deposit Facility Rate is an important tool in the central bank's arsenal for maintaining price stability and promoting a healthy economy.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Dec 2017): actual -0.4 %, consensus -0.4 %. Prior reading (Oct 2017): -0.4 %. Before that (Sep 2017): -0.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary neutral force in the current projection. This indicator correlates most strongly with EUR/USD (Bullish EUR, r=0.50) — a useful reference for forex-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - EU Events
| Tuesday, June 23, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 04:00 | EU | New Car Sales YoY | 3.2 | 5.1 | 2.8 | 3.00 | Medium |
| 08:00 | EU | S&P Global Manufacturing PMI | 51.3 | 51.6 | 51.6 | 51.45 | Medium |
| 08:00 | EU | S&P Global Composite PMI | 49.5 | 48.5 | 49.1 | 49.30 | Medium |
| 08:00 | EU | S&P Global Services PMI | 48.9 | 47.7 | 48.5 | 48.70 | Medium |
| Monday, June 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 08:00 | EU | Loans to Companies YoY | 3.4 | 3.6 | 3.65 | Low | |
| 08:00 | EU | M3 Money Supply YoY | 2.7 | 2.9 | 2.75 | Low | |
| 08:00 | EU | Loans to Households YoY | 3 | 3.2 | 3.15 | Low | |
| 09:00 | EU | Selling Price Expectations | 27.4 | 30 | 30.00 | Low | |
| 09:00 | EU | Industrial Sentiment | -8 | -9 | -9.00 | Low | |