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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
TurkeyTurkey Current Account climbed to 0.04B in July 2026
FMPMonthlyReleased September 2026
Turkey Current Account climbed to 0.04B in July 2026, released September 2026, up 4.37B from June's -4.33B reading. The reading missed the 0.65B consensus by 0.61B. The print is running well above the 12-month average of -3.15B. Over the past 3 months, Current Account averaged -2.83B, vs -7.62B in the prior 3-month window. Current Account is now the highest in 8 months.
Latest Release
0.036
Actual
0.65
Consensus
-4.333
Previous
Median Absolute Error
±0.65 billion
across last 12 releases
Last Call
Sep 2026
Predicted: 0.73
Actual: 0.04
Error: +0.69
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 |
|---|---|---|---|---|---|
| BTC/USD | ▼ Inverse | −0.35 | CRYPTO | Moves against | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.34 | INDEX | Moves with | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| USD/TRY | ▲ Direct | +0.27 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Current Account (Turkey) was reported at 0.04 billion in September 2026. This missed the market consensus of 0.65 billion by 0.61 billion. The reading rose from the previous value of -4.33 billion. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged -2.92 billion, ranging from -9.67 billion to 5.40 billion across 11 releases.
WHY IT MATTERS
The trailing three releases averaged -1.87 billion, up from the prior three at -7.39 billion. Volatility over the past year (σ 4.24 billion) is higher than the prior year (σ 3.53 billion). In September readings over the past 3 years, Current Account has averaged 0.79 billion.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC). A secondary relationship exists with XAU/USD, positively correlated (Bullish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 0.65 billion.
WHAT TO WATCH NEXT
The next release is scheduled for October 13, 2026. Same-country events in the next 14 days include Business Confidence (Sep 21) and Consumer Confidence (Sep 22).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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Current Account - TR
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About Current Account — Turkey
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 (Jul 2026): actual 0.036 B, consensus 0.65 B. Prior reading (Jun 2026): -4.194 B. Before that (May 2026): -1.459 B.
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.
Σ
EXPECTED ZONE
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Economic Calendar - TR Events
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | TR | Auto Production YoY | -19.2 | -11 | -28.65 | Low | |
| 07:00 | TR | Auto Sales YoY | -25 | -15 | -27.25 | Low | |