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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Central Bank Balance Sheet fell to 7.17 T in July 2024
FMPMonthlyReleased August 2024
US Central Bank Balance Sheet fell to 7.17 T in July 2024, released August 2024, down 0.01 T from June's 7.18 T reading.
Latest Release
7.170000
Actual
—
Consensus
7.180000
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 | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Central Bank Balance Sheet (United States) was reported at 7.17 T in August 2024. The reading fell from the previous value of 7.18 T.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 7.18 T, down from the prior three at 7.21 T.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update August 2024.
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Central Bank Balance Sheet - US
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About Central Bank Balance Sheet — United States
DEFINITION
The Central Bank Balance Sheet is a financial indicator that provides a snapshot of a central bank's assets and liabilities. It includes information on the amount of currency in circulation, foreign reserves, government securities, and other assets held by the central bank. This indicator is closely monitored by economists and investors as it can provide insights into the overall health and stability of a country's economy. Changes in the central bank's balance sheet can also impact interest rates and currency values, making it a crucial tool for understanding and predicting market trends.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. 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 (Aug 2024): actual 7.17 T. Prior reading (Aug 2024): 7.18 T. Before that (Jul 2024): 7.2 T.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.