Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ThailandThailand Leading Economic Index climbed to 157 in September 2016
FMPMonthlyReleased September 2016
Thailand Leading Economic Index climbed to 157 in September 2016, up 0.3 from August's 156.7 reading.
Latest Release
157.000000
Actual
—
Consensus
156.700000
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
Leading Economic Index (Thailand) was reported at 157.00 in September 2016. The reading rose from the previous value of 156.70.
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 September 2016.
SHARE
Leading Economic Index - TH
Loading chart data...
About Leading Economic Index — Thailand
DEFINITION
The Leading Economic Index (LEI) is a key financial indicator that measures the overall health and direction of the economy. It is comprised of a variety of economic data, such as employment, consumer spending, and stock market performance, and is used to predict future economic trends. The LEI is considered a reliable tool for businesses and policymakers to make informed decisions and plan for potential changes in 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 (Aug 2016): actual 157.