Chile Economy & Chile Markets Data analytics

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MacroVar monitors real-time economic, financial and geopolitical developments for the Chile economy and Chile markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.

Chile Overview

 
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Chile Overview presents the current trends and dynamics of the major Chile financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.


SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
IPSA Select (IPSA)IPSA6467.17-0.05-0.0110.83
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-22 17:27:53MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend0.5High2024-07-22 17:27:53MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
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Description
Chile 2-year bond yieldCL.2Y4.750.210.01-40.03
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum1.0High2024-07-22 17:27:53MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
TrendHighMacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Chile 10-year bond yieldCL.10Y6.16-0.160.0317.56
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend100.0High2024-07-10 11:04:02MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
IPSA Select (IPSA)IPSA6467.17-0.05-0.0110.83
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-22 17:27:53MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend0.5High2024-07-22 17:27:53MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Chile Capped ETFECH26.892.48-0.04-10.31
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum-0.5High2024-07-22 17:27:53MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend0.0High2024-07-19 07:49:20MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Chile 2-year bond yieldCL.2Y4.750.210.01-40.03
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum1.0High2024-07-22 17:27:53MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
TrendHighMacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Chile 10-year bond yieldCL.10Y6.16-0.160.0317.56
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend100.0High2024-07-10 11:04:02MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Chile Yield CurveCL.YC0000
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Research is available only to premium users. Upgrade your account.
Description
Chilean Peso US Dollar (CLP/USD)CLPUSD910.87-0.07-0.0111.5
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-19 07:49:20MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend-0.25High2024-07-19 07:49:20MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Chile Credit Default SwapsCDS.Chile56.50550
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Z-scoresPremium Factors are available to premium users only. Upgrade your account.MacroVar CDS and Volatilites are analyzed by calculating the 1-year and 5-year z-scores. Extreme values of absolute z-scores (greater than 2) indicate elevated credit risk conditions and vice-versa.Learn More about MacroVar Risk Management model
Research is available only to premium users. Upgrade your account.
Description
SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
GDP Growth (annual)cl.gdpgrowthan2.3475475283
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
MomentumUpHigh2024-07-11 09:32:08Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendDownHigh2024-07-11 09:32:08A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Unemployment ratecl.unemploymentrate8.3-2-2-3
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
MomentumDownMedium2024-07-11 09:32:08Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
TrendDownMedium2024-07-11 09:32:08A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
SymbolPrice1D%MoM%YoY%MTBFactorsResearchDetails
IPSA Select (IPSA)IPSA6467.17-0.05-0.0110.83
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-22 17:27:53MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend0.5High2024-07-22 17:27:53MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Chile 2-year bond yieldCL.2Y4.750.210.01-40.03
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum1.0High2024-07-22 17:27:53MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
TrendHighMacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Chile 10-year bond yieldCL.10Y6.16-0.160.0317.56
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-11 16:56:41MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend100.0High2024-07-10 11:04:02MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Chilean Peso US Dollar (CLP/USD)CLPUSD910.87-0.07-0.0111.5
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Momentum0.0High2024-07-19 07:49:20MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend-0.25High2024-07-19 07:49:20MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble RiskHighMacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Chile Credit Default SwapsCDS.Chile56.50550
FactorLastSignalImportanceValuation (Over/Under)Last SignalLogic
Z-scoresPremium Factors are available to premium users only. Upgrade your account.MacroVar CDS and Volatilites are analyzed by calculating the 1-year and 5-year z-scores. Extreme values of absolute z-scores (greater than 2) indicate elevated credit risk conditions and vice-versa.Learn More about MacroVar Risk Management model
Research is available only to premium users. Upgrade your account.
Description

Chile Manufacturing

  
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MacroVar tracks hundreds of indicators related to Chile manufacturing. Our focus is on the most important leading indicators based on the ISM report and related indicators. The ISM report is the most important report reflecting the real demand of goods in the Chile economy.


1IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
industrial productioncl.indproduction2.3215-153UPUP

Chile consumer sentiment

  
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Consumer spending makes up 67% of the U.S. Economy. MacroVar monitors direct consumer reports like the University of Michigan Consumer Sentiment Index and indirect macroeconomic indicators related to Chile employment and Chile consumer activity (building permits).


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
consumer confidencecl.consconfidence32.428.2s1516UPUP
unemployment ratecl.unemploymentrate8.38.5s-2-3DownDown
retail salescl.retailsalesan1.53.6s-58-117UPUP
retail sales MoMcl.retailsales-1.7-0.5s240-1800DownDown
building permitscl.buildingpermits6722.06250s8-1DownDown

Chile Construction

  
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The Chile construction sector is a significant component of the Chile economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
building permitscl.buildingpermits6722.062508-1DownDown
housing startscl.housingstarts12750.015492-18-15UPDown

Chile Macroeconomic outlook

  
Chile Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the Chile economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore Chile macroeconomic model in detail.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
Real GDPcl.realgdp52103.3151130.928UPUP
gdp growth annualcl.gdpgrowthan2.30.4475283DownUP
interest ratecl.interestrate5.756-4-49DownDown
unemployment ratecl.unemploymentrate8.38.5-2-3DownDown
external debtcl.externaldebt240794.17241706-04UPUP
government debt to gdpcl.govdebtgdp46.13821315UPUP
current accountcl.currentaccount-104.0-3658.88-97-96UPUP
current account to gdpcl.currentaccountgdp-3.6-9-60125UPDown
exportscl.exports7682.158091.27-5-1DownDown
importscl.imports5692.366493.64-12-10DownDown
foreign exchange reservescl.fxreserves44062.945833.7-411UPUP
gold reservescl.goldres0.250.2500DownDown
government revenuescl.govrev8819123.795155370714UPUP
fiscal expenditurecl.fiscalexp6323488.87164010-1214UPUP

Chile Inflation

  
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MacroVar monitors major inflation indexes and subcompoonents based on Bureau of Labour Statistics monthly report.


IndicatorSymbolActualPreviousM/M%Y/Y%Trend
core inflation ratecl.coreinflationrate2.843.3-14-64
Produce Prices YoYcl.producerpricesch16.018.5-14-268

Chile Employment

  
MacroVar monitors leading indicators (ISM/NMI employment activity), coincident (Initial & Continuing jobless claims) and lagging indicators of Chile employment. Chile employment is one of the major factors affecting Chile monetary policy.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
unemployment ratecl.unemploymentrate8.38.5-2-3DownDown

Chile Monetary Policy

  
Chile Monetary policy is monitored by tracking the most important indicators related to the Fed's balance sheet and interest rates.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
interest ratecl.interestrate5.756-4-49DownDown
central bank balance sheetcl.cb.assets40700.046201-12-32DownDown
money supply m1cl.msm156573.3456157.712UPUP
money supply m2cl.msm2204631.7220236318UPUP
government debt to gdpcl.govdebtgdp46.13821315UPUP
loans to private sectorcl.loanprivate140248.0142408-23UPUP
Chile Credit Rating (S&P)RATING.S&P.CH
Chile Credit Rating (Moody's)RATING.MOODYS.CH
Chile Credit Rating (Fitch)RATING.FITCH.CH

Chile Fiscal Policy

  
Chile Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
government revenuescl.govrev8819123.795155370714UPUP
fiscal expenditurecl.fiscalexp6323488.87164010-1214UPUP
government budgetcl.govbudget-2.51.1-327-292DownDown
Government budgetcl.govbudgetvalue2495634.0-2008640-224-15UPDown
government debt to gdpcl.govdebtgdp46.13821315UPUP

Chile Trade

  
Chile trade activity is monitored by tracking Trade and Capital flows.


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlope
current accountcl.currentaccount-104.0-3658.88-97-96UPUP
current account to gdpcl.currentaccountgdp-3.6-9-60125UPDown
balance of tradecl.balanceoftrade1989.7815982538UPUP
importscl.imports5692.366493.64-12-10DownDown
exportscl.exports7682.158091.27-5-1DownDown
external debtcl.externaldebt240794.17241706-04UPUP
foreign exchange reservescl.fxreserves44062.945833.7-411UPUP
gold reservescl.goldres0.250.2500DownDown