Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance OATi Auction climbed to 1.18% in October 2024
FMPMonthlyReleased November 2024
France OATi Auction climbed to 1.18% in October 2024, released November 2024, up 0.15% from September's 1.03% reading.
Latest Release
1.180000
Actual
—
Consensus
1.030000
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
OATi Auction (France) was reported at 1.18% in November 2024. The reading rose from the previous value of 1.03%.
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 Consumer Confidence (May 27) and Unemployment Benefit Claims (May 27).
Auto-generated from current model state · Refreshes on each release · Last update November 2024.
SHARE
OATi Auction - FR
Loading chart data...
About OATi Auction — France
DEFINITION
The OATi Auction is a financial indicator used to determine the market demand for French government bonds, known as Obligations Assimilables du Trésor indexés (OATi). This auction allows investors to bid on these bonds, providing insight into the current sentiment towards French debt and the overall health of the country's economy. The results of the OATi Auction are closely monitored by financial analysts and investors as it can impact interest rates and bond yields, making it a key indicator of market confidence in France.
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 2024): actual 1.18 %. Prior reading (Sep 2024): 0.92 %. Before that (Aug 2024): 1.01 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar 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 CAC 40 (Bullish FR, r=0.50) — a useful reference for index-focused traders.