Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IrelandIreland Private sector loans climbed to -3.8% in March 2014
FMPMonthlyReleased March 2014
Ireland Private sector loans climbed to -3.8% in March 2014, up 0.3% from February's -4.1% reading.
Latest Release
-3.800000
Actual
—
Consensus
-4.100000
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
Private sector loans (Ireland) was reported at -3.8% in March 2014. The reading rose from the previous value of -4.1%.
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 2014.
SHARE
Private sector loans - IE
Loading chart data...
About Private sector loans — Ireland
DEFINITION
Private sector loans refer to loans that are issued by private financial institutions, such as banks and credit unions, to individuals and businesses. These loans are not backed by the government and typically have higher interest rates compared to government-backed loans. Private sector loans are an important indicator of the overall health of the economy, as they reflect the level of borrowing and investment activity in the private sector. They can also provide insight into consumer and business confidence, as well as potential risks in the financial system.
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 2014): actual -3.8 %. Prior reading (Jan 2014): -4.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. Current dynamics are the primary headwind in the projection.