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South Korea M2 Money Supply fell to 7.2% in September 2026, released October 2026, down 0.9% from August's 8.1% 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 |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.66 | COMMODITIES | Moves against | → View |
| USD/KRW | ▼ Inverse | −0.63 | FOREX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.62 | INDEX | Moves against | → View |
| BTC/USD | ▲ Direct | +0.35 | CRYPTO | Moves with | → View |
| KOSPI | ▲ Direct | +0.33 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
M2 Money Supply (South Korea) was reported at 7.2% in October 2026. The reading fell from the previous value of 8.1%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 8.18%, ranging from 7.2% to 9.4% across 6 releases.
The indicator has been trending downward over the last three releases. The trailing three releases averaged 8.2%, up from the prior three at 8.17%.
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with USD/KRW, negatively correlated (Bearish USD).
The next release is scheduled for November 13, 2026. Same-country events in the next 14 days include Exports YoY (Nov 1) and S&P Global Manufacturing PMI (Nov 2).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
South Korea's M2 Money Supply for September registered at 7.200000%, down from August's 8.000000%, indicating a continued slowdown in liquidity growth. This marks a decline from the previous month’s reading, reflecting tighter monetary conditions. Market participants will watch upcoming data for further signals on the central bank’s policy stance. Updated 10/15/26
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 (Aug 2026): actual 7.2 %. Prior reading (Jul 2026): 8 %. Before that (Jun 2026): 9.4 %.
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.66) — a useful reference for commodities-focused traders.
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| Sunday, November 1, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:00 | Balance of Trade | 49.97 | 37.24 | 37.61 | Low | ||
| 00:00 | Imports YoY | 26 | 39.9 | 39.85 | Low | ||
| 00:00 | Exports YoY | 83.7 | 93.2 | 95.10 | Medium | ||
| Monday, November 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 00:30 | S&P Global Manufacturing PMI | 53.9 | 54.2 | 54.50 | Medium | ||