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Japan Money Supply M2+CD climbed to 2.9% in February 2013, released March 2013, up 0.2% from January's 2.7% reading.
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).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.50 | FOREX | Moves against | → View |
| EUR/JPY | ▼ Inverse | −0.45 | FOREX | Moves against | → View |
| Nikkei 225 | ▲ Direct | +0.45 | INDEX | Moves with | → View |
| GBP/JPY | ▼ Inverse | −0.40 | FOREX | Moves against | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Money Supply M2+CD (Japan) was reported at 2.9% in February 2013. The reading rose from the previous value of 2.7%.
Historically, this indicator is negatively correlated with USD/JPY (Bullish JPY). A secondary relationship exists with EUR/JPY, negatively correlated (Bullish JPY).
Same-country events in the next 14 days include CFTC JPY speculative net positions (Jul 31) and BoJ Monetary Policy Meeting Minutes (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update March 2013.
Money Supply M2+CD is a financial indicator that measures the total amount of money in circulation within an economy, including physical currency, demand deposits, and other liquid assets. It also takes into account the amount of time deposits and other highly liquid assets that can be quickly converted into cash. This indicator provides valuable insights into the overall health and stability of an economy, as well as its potential for inflation and economic growth. It is often used by economists and policymakers to inform monetary policy decisions and assess the current state of the economy.
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.
Latest reading (Mar 2013): actual 2.9 %.
This indicator correlates most strongly with USD/JPY (Bullish JPY, r=-0.50) — a useful reference for forex-focused traders.
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| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 05:00 | Consumer Confidence | 34.9 | 33.8 | 34.2 | 34.55 | High | |
| 23:30 | Unemployment Rate | 2.5 | 2.5 | 2.5 | 2.50 | Medium | |
| 23:30 | Core CPI YoY | 1.9 | 1.6 | 1.7 | 1.80 | Low | |
| 23:30 | Jobs/applications ratio | 1.18 | 1.17 | 1.17 | 1.17 | Low | |
| 23:30 | CPI YoY | 2 | 1.9 | 2 | 2.00 | Low | |
| 23:50 | Retail Sales YoY | 0.5 | 5 | 3.1 | 1.80 | Medium | |
| 23:50 | Industrial Production MoM | 1.3 | 0.1 | 0.7 | 1.00 | Medium | |
| 23:50 | Retail Sales MoM | -4.1 | 1.7 | -0.5 | -2.30 | Low | |
| 23:50 | Industrial Production YoY | 4.2 | -2.1 | 1.8 | 3.00 | Low | |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 03:00 | BoJ Interest Rate Decision | 1 | 1 | 1 | 1.00 | High | |
| 05:00 | Housing Starts YoY | 18.6 | 33.9 | 12.8 | 15.70 | Medium | |
| 05:00 | Construction Orders YoY | 2.3 | -6.7 | -7 | -2.35 | Low | |