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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
NetherlandsNetherlands 3-Month T-Bill Auction fell to -0.82% in February 2017
FMPMonthlyReleased March 2017
Netherlands 3-Month T-Bill Auction fell to -0.82% in February 2017, released March 2017, down 0.08% from January's -0.74% reading.
Latest Release
-0.820000
Actual
—
Consensus
-0.740000
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
3-Month T-Bill Auction (Netherlands) was reported at -0.82% in March 2017. The reading fell from the previous value of -0.74%.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -0.73%, up from the prior three at -0.82%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Inflation Rate YoY (Jun 2).
Auto-generated from current model state · Refreshes on each release · Last update March 2017.
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3-Month T-Bill Auction - NL
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About 3-Month T-Bill Auction — Netherlands
DEFINITION
The 3-Month T-Bill Auction is a financial indicator that measures the demand for short-term government debt securities. It is a highly anticipated event in the financial market, as it provides insight into investor sentiment and the overall health of the economy. The auction involves the sale of 3-month Treasury Bills, which are considered a safe and low-risk investment option. The results of the auction can impact interest rates and serve as a barometer for the current state of the economy.
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 (Mar 2017): actual -0.82 %. Prior reading (Feb 2017): -0.74 %. Before that (Jan 2017): -0.621 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar 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 neutral force in the current projection.