Thursday, August 26, 2010

EU's M3 Money Supply virtually unchanged in July


Forex Special 



The European Central Bank's calculation of euros in circulation, in practically all of its forms, was released today. The comparison with the previous quarter yielded an increase from 0.0% to 0.1%, falling short of the 0.2% forecast. 


The comparison with last year's M3 was completely still from the previous one. 0.2% for both. It did, however, miss the targeted forecast of 0.4%.


M3 Money Supply (QoQ)

0.1%
Actual
0.2%
Consensus

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