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Japan Money Supply M2+CD YoY climbed to 3.0% in March 2013, released April 2013, up 0.1% from February's 2.9% 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 YoY (Japan) was reported at 3% in March 2013. The reading rose from the previous value of 2.9%.
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 Exports YoY (Sep 15) and Balance of Trade (Sep 15).
Auto-generated from current model state · Refreshes on each release · Last update April 2013.
Money Supply M2+CD YoY is a financial indicator that measures the annual percentage change in the total amount of money in circulation, including cash, checking and savings deposits, and certificates of deposit. It is a key metric used by economists and policymakers to track the growth of the money supply and its impact on the economy. A higher YoY growth in M2+CD indicates an increase in available funds for spending and investment, while a lower growth may signal a decrease in economic activity. This indicator provides valuable insights into the overall health and stability of the financial system.
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 (Apr 2013): actual 3 %.
This indicator correlates most strongly with USD/JPY (Bullish JPY, r=-0.50) — a useful reference for forex-focused traders.
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| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 04:30 | Capacity Utilization | 0.5 | 4.1 | -1.3 | -0.40 | Low | |
| 04:30 | Industrial Production MoM | -0.2 | 1.9 | 0.1 | -0.05 | Low | |
| 04:30 | Industrial Production YoY | 3.9 | 4.9 | 4.1 | 4.00 | Low | |
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 04:30 | Tertiary Industry Index MoM | -0.2 | 0.3 | 0.30 | Low | ||
| 23:50 | Exports YoY | 23.2 | 18.2 | 18.60 | Medium | ||
| 23:50 | Balance of Trade | -634.5 | -1052.6 | -959.65 | High | ||
| 23:50 | Imports YoY | 27.8 | 26.3 | 26.15 | Low | ||
| 23:50 | Machinery Orders MoM | 9.7 | -2.8 | 1.10 | Medium | ||
| 23:50 | Machinery Orders YoY | 16.9 | 15.3 | 18.45 | Medium | ||
| 23:50 | Adjusted Trade Balance | -0.69 | -0.98 | -0.92 | Medium | ||