Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan Current Account fell to 3,907B in April 2026
FMPMonthlyReleased June 2026
Japan Current Account fell to 3,907B in April 2026, released June 2026, down 775B from March's 4,682B reading. The print exceeded the 3,137B consensus by 770B. The print is running well above the 12-month average of 3,256.93B. Over the past 3 months, Current Account averaged 4,307.5B, vs 2,976.69B in the prior 3-month window. The reading is in the 78th percentile of the trailing 24-month range.
Latest Release
3907
Actual
3137
Consensus
4682
Previous
Median Absolute Error
±805.67 billion
across last 12 releases
Last Call
Jun 2026
Predicted: 3,320.65
Actual: 3,907
Error: -586.35
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 |
|---|---|---|---|---|---|
| Hang Seng | ▲ Direct | +0.61 | INDEX | Bullish Hang Seng | → View |
| GBP/JPY | ▼ Inverse | −0.52 | FOREX | Bearish GBP | → View |
| Nikkei 225 | ▲ Direct | +0.51 | INDEX | Bullish Nikkei 225 | → View |
| USD/JPY | ▼ Inverse | −0.49 | FOREX | Bearish USD | → View |
| AUD/JPY | ▼ Inverse | −0.45 | FOREX | Bearish AUD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Current Account (Japan) was reported at 3,907.00 billion in June 2026. This beat the market consensus of 3,137.00 billion by 770.00 billion. The reading fell from the previous value of 4,682.00 billion. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 3,254.76 billion, ranging from 3.15 billion to 7,288.00 billion across 12 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 3,176.87 billion, down from the prior three at 3,655.05 billion. Volatility over the past year (σ 1,843.47 billion) is higher than the prior year (σ 1,227.64 billion). In June readings over the past 3 years, Current Account has averaged 2,738.67 billion.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with Hang Seng (Bullish Hang Seng). A secondary relationship exists with GBP/JPY, negatively correlated (Bearish GBP). Over the last 12 releases, the Sigmacast model's median absolute error is 805.68 billion.
WHAT TO WATCH NEXT
The next release is scheduled for July 7, 2026. Same-country events in the next 14 days include Monetary Policy Statement (Jun 16) and BoJ Interest Rate Decision (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
Current Account - JP
Loading chart data...
About Current Account — Japan
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. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 3,907 T, consensus 3,137 T. Prior reading (Mar 2026): 4,682 T. Before that (Feb 2026): 3,933 T.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially 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 Hang Seng (Bullish Hang Seng, r=0.61) — a useful reference for index-focused traders.