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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
QatarQatar Money Supply M2 YoY climbed to 2.5% in November 2024
FMPMonthlyReleased December 2024
Qatar Money Supply M2 YoY climbed to 2.5% in November 2024, released December 2024, up 0.8% from October's 1.7% reading. The print exceeded the 1.6% consensus by 0.9%. The print is running well above the 12-month average of 2.2%. Money Supply M2 YoY is now the highest in 12 months.
Latest Release
2.5
Actual
1.6
Consensus
1.7
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
Money Supply M2 YoY (Qatar) was reported at 2.5% in December 2024. This beat the market consensus of 1.6% by 0.9%. The reading rose from the previous value of 1.7%.
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 December 2024.
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Money Supply M2 YoY - QA
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About Money Supply M2 YoY — Qatar
DEFINITION
Money Supply M2 YoY is a financial indicator that measures the annual change in the total amount of money in circulation within an economy. It includes all physical currency, demand deposits, and other liquid assets held by households, businesses, and financial institutions. This indicator is closely monitored by economists and policymakers as it provides insight into the overall health and stability of an economy. A positive YoY change in M2 indicates an increase in liquidity and potential for economic growth, while a negative change may signal a decrease in consumer spending and economic activity.
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 (Nov 2024): actual 2.5 %, consensus 1.6 %. Prior reading (Nov 2024): 2.5 %. Before that (Nov 2023): 1.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print. Current dynamics are the primary headwind in the projection.