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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance 2-Year BTAN Auction climbed to -0.01% in January 2015
FMPMonthlyReleased February 2015
France 2-Year BTAN Auction climbed to -0.01% in January 2015, released February 2015, up 0.06% from December's -0.07% reading.
Latest Release
-0.010000
Actual
—
Consensus
-0.070000
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 |
|---|---|---|---|---|---|
| CAC 40 | ▲ Direct | +0.50 | INDEX | Bullish FR | → View |
| EUR/USD | ▲ Direct | +0.45 | FOREX | Bullish EUR | → View |
| EUR/GBP | ▲ Direct | +0.40 | FOREX | Bullish EUR | → 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.
THE RELEASE
2-Year BTAN Auction (France) was reported at -0.01% in February 2015. The reading rose from the previous value of -0.07%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with CAC 40 (Bullish FR). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Business Confidence (Jun 23) and S&P Global Manufacturing PMI (Jun 23).
Auto-generated from current model state · Refreshes on each release · Last update February 2015.
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2-Year BTAN Auction - FR
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About 2-Year BTAN Auction — France
DEFINITION
The 2-Year BTAN Auction is a financial indicator that measures the demand and interest for French government bonds with a maturity of two years. This auction allows the French government to raise funds by selling these bonds to investors, providing insight into the current state of the economy and investor confidence in the country's financial stability. The results of the auction can impact interest rates and serve as a key indicator of market sentiment towards France's economic outlook.
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 (Feb 2015): actual -0.01 %.
WHAT'S NEXT
This indicator correlates most strongly with CAC 40 (Bullish FR, r=0.50) — a useful reference for index-focused traders.
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EXPECTED ZONE
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