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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ArgentinaArgentina Budget Balance climbed to 2,960M in July 2026
FMPMonthlyReleased August 2026
Argentina Budget Balance climbed to 2,960M in July 2026, released August 2026, up 3,657M from June's -697M reading.
Latest Release
2960.000000
Actual
—
Consensus
-697.000000
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 | Co-movement | Action |
|---|---|---|---|---|---|
| GBP/USD | ▼ Inverse | −0.83 | FOREX | Moves against | → View |
| EUR/USD | ▼ Inverse | −0.63 | FOREX | Moves against | → View |
| XAU/USD | ▲ Direct | +0.31 | COMMODITIES | Moves with | → View |
| USD/JPY | ▲ Direct | +0.31 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Budget Balance (Argentina) was reported at 2,960.00 million in August 2026. The reading rose from the previous value of -697.00 million. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 969.38 million, ranging from -697.00 million to 2,960.00 million across 8 releases.
WHY IT MATTERS
The trailing three releases averaged 1,395.67 million, up from the prior three at 682.33 million.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with GBP/USD (Bearish GBP). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
The next release is scheduled for September 18, 2026.
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Budget Balance - AR
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About Budget Balance — Argentina
DEFINITION
Budget Balance is a financial indicator that measures the difference between a government's total revenue and total expenditure over a specific period of time. It provides insight into the fiscal health of a country or organization, indicating whether there is a surplus or deficit in their budget. This indicator is crucial in determining the government's ability to meet its financial obligations and make strategic decisions for future spending. A positive budget balance indicates a healthy financial position, while a negative balance may signal potential financial challenges.
WHY THIS INDICATOR MATTERS
Fiscal and debt-supply data influence sovereign-yield term premia and currency expectations, particularly when supply pressures interact with policy normalization. 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 2026): actual 2,960 M. Prior reading (Jul 2026): 2,960 M. Before that (Jun 2026): -697 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a 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 GBP/USD (Bearish GBP, r=-0.83) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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