Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
DenmarkDenmark Current Account fell to 30.7K in May 2026
FMPMonthlyReleased July 2026
Denmark Current Account fell to 30.7K in May 2026, released July 2026, down 1.8K from April's 32.5K reading. The reading matched the 32K consensus. Current Account has now declined for 3 consecutive months. Over the past 3 months, Current Account averaged 37.9K, vs 33.5K in the prior 3-month window. The reading is in the 27th percentile of the trailing 24-month range.
Latest Release
30.7
Actual
32
Consensus
32.5
Previous
Median Absolute Error
±6.69 thousand
across last 12 releases
Last Call
Jul 2026
Predicted: 35.38
Actual: 30.7
Error: +4.68
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 |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.48 | INDEX | Moves with | → View |
| FTSE 100 | ▲ Direct | +0.45 | INDEX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.36 | COMMODITIES | Moves with | → View |
| DAX | ▲ Direct | +0.36 | INDEX | Moves with | → View |
| Euro STOXX 50 | ▲ Direct | +0.35 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Current Account (Denmark) was reported at 31 thousand in July 2026. This missed the market consensus of 32 thousand by 1 thousand. The reading fell from the previous value of 33 thousand. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 34 thousand, ranging from 26 thousand to 40 thousand across 11 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 36 thousand, down from the prior three at 36 thousand. Volatility over the past year (σ 4 thousand) is lower than the prior year (σ 8 thousand). In July readings over the past 3 years, Current Account has averaged 28 thousand.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with FTSE 100, positively correlated (Bullish FTSE 100). Over the last 12 releases, the Sigmacast model's median absolute error is 7 thousand.
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
Current Account - DK
Loading chart data...
About Current Account — Denmark
DEFINITION
The Current Account is a financial indicator that measures a country's trade balance, including the value of goods and services exported and imported, as well as income received and payments made to other countries. It provides insight into a nation's economic health and its ability to pay for imports and service its debt. A positive current account balance indicates a surplus, while a negative balance indicates a deficit. This indicator is closely monitored by investors, policymakers, and economists as it can impact a country's currency value and overall economic stability.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. 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 (May 2026): actual 30.7 K, consensus 32 K. Prior reading (Apr 2026): 37.5 K. Before that (Mar 2026): 38.3 K.
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 S&P 500 (Bullish S&P 500, r=0.48) — a useful reference for index-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP