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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GreeceGreece Loans to Private Sector YoY fell to -1.6% in September 2015
FMPMonthlyReleased September 2015
Greece Loans to Private Sector YoY fell to -1.6% in September 2015, down 0.1% from August's -1.5% reading.
Latest Release
-1.600000
Actual
—
Consensus
-1.500000
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 |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Loans to Private Sector YoY (Greece) was reported at -1.6% in September 2015. The reading fell from the previous value of -1.5%.
WHY IT MATTERS
The trailing three releases averaged -1.6%, up from the prior three at -2.33%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update September 2015.
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Loans to Private Sector YoY - GR
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About Loans to Private Sector YoY — Greece
DEFINITION
Loans to Private Sector YoY is a financial indicator that measures the year-over-year change in the amount of loans given by banks and financial institutions to private businesses and individuals. This indicator is used to assess the overall health of the economy, as an increase in loans to the private sector can indicate a growing demand for credit and potential economic expansion. It is also a key factor in determining the availability of credit for businesses and consumers, and can provide insights into the borrowing and spending habits of individuals and companies.
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 (Aug 2015): actual -1.6 %. Prior reading (Jul 2015): -1.5 %. Before that (Jun 2015): -1.7 %.
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.