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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwedenSweden Lending to Households YoY climbed to 6.1% in January 2015
FMPMonthlyReleased January 2015
Sweden Lending to Households YoY climbed to 6.1% in January 2015, up 0.2% from December's 5.9% reading.
Latest Release
6.100000
Actual
—
Consensus
5.900000
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/SEK | ▼ Inverse | −0.50 | FOREX | Bullish SEK | → View |
| USD/SEK | ▼ Inverse | −0.45 | FOREX | Bullish SEK | → View |
| EUR/USD | ▲ Direct | +0.35 | FOREX | Watch | → View |
| DAX | ▲ Direct | +0.35 | INDEX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Lending to Households YoY (Sweden) was reported at 6.1% in January 2015. The reading rose from the previous value of 5.9%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/SEK (Bullish SEK). A secondary relationship exists with USD/SEK, negatively correlated (Bullish SEK).
Auto-generated from current model state · Refreshes on each release · Last update January 2015.
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Lending to Households YoY - SE
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About Lending to Households YoY — Sweden
DEFINITION
Lending to Households YoY (Year-over-Year) is a financial indicator that measures the change in the amount of loans granted to individuals and families by financial institutions over a one-year period. This indicator provides insight into the overall health of the lending market and the level of consumer borrowing, which can impact economic growth and consumer spending. It is often used by analysts and policymakers to assess the availability of credit and the financial well-being of households.
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 (Dec 2014): actual 6.1 %. Prior reading (Nov 2014): 5.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. Current dynamics are the primary headwind in the projection. This indicator correlates most strongly with EUR/SEK (Bullish SEK, r=-0.50) — a useful reference for forex-focused traders.