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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
Hong KongHong Kong Money Supply M3 fell to 6.3% in March 2015
FMPMonthlyReleased March 2015
Hong Kong Money Supply M3 fell to 6.3% in March 2015, down 4.0% from February's 10.3% reading.
Latest Release
6.300000
Actual
—
Consensus
10.300000
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
Money Supply M3 (Hong Kong) was reported at 6.3% in March 2015. The reading fell from the previous value of 10.3%.
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 March 2015.
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Money Supply M3 - HK
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About Money Supply M3 — Hong Kong
DEFINITION
Money Supply M3 is a key financial indicator that measures the total amount of money in circulation within an economy. It includes all forms of money, such as cash, checking and savings deposits, and other liquid assets. This indicator is closely monitored by economists and policymakers as it provides insights into the overall health and stability of an economy. Changes in M3 can impact inflation, interest rates, and economic growth, making it a crucial tool for analyzing and forecasting economic trends.
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 6.3 %.