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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Reuters Michigan Inflation Expectations climbed to 3.3% in June 2014
FMPMonthlyReleased July 2014
US Reuters Michigan Inflation Expectations climbed to 3.3% in June 2014, released July 2014, up 0.2% from May's 3.1% reading.
Latest Release
3.300000
Actual
—
Consensus
3.100000
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 |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → 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
Reuters Michigan Inflation Expectations (United States) was reported at 3.3% in July 2014. The reading rose from the previous value of 3.1%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include MBA 30-Year Mortgage Rate (Jun 17) and Retail Sales MoM (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update July 2014.
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Reuters Michigan Inflation Expectations - US
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About Reuters Michigan Inflation Expectations — United States
DEFINITION
Reuters Michigan Inflation Expectations is a widely recognized financial indicator that measures the expected rate of inflation in the state of Michigan. It is based on a survey of consumers and businesses, providing valuable insights into the future economic conditions and potential changes in prices. This indicator is closely monitored by investors, policymakers, and economists as it can impact financial markets and decision-making processes. With its reliable data and timely updates, Reuters Michigan Inflation Expectations is a crucial tool for understanding and predicting inflation trends in the state of Michigan.
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. 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 (Jul 2014): actual 3.3 %.
WHAT'S NEXT
This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.