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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwedenSweden New Orders held to 8.9% in February 2015
FMPMonthlyReleased March 2015
Sweden New Orders held to 8.9% in February 2015, released March 2015.
Latest Release
8.900000
Actual
—
Consensus
—
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
New Orders (Sweden) was reported at 8.9% in March 2015.
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).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Riksbank Rate Decision (Jun 17) and Interest Rate Decision (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update March 2015.
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New Orders - SE
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About New Orders — Sweden
DEFINITION
New Orders is a financial indicator that measures the number of orders received by a company for its products or services during a specific period of time. This indicator is used to assess the demand for a company's offerings and can provide valuable insights into its future sales and revenue. It is often used by investors and analysts to evaluate the overall health and growth potential of a company. A high number of new orders is generally seen as a positive sign, indicating strong customer demand and potential for increased profitability.
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 (Jan 2015): actual 8.9 %. Prior reading (Mar 2014): -11.2 %. Before that (Feb 2014): -1.2 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with EUR/SEK (Bullish SEK, r=-0.50) — a useful reference for forex-focused traders.