Market Updates: European M3 Money Supply Rises by 4.5% vs. 4.2%

Monetary developments in the Euro Area: March 2019

  • The annual growth rate of broad monetary aggregate M3 grew to 4.5% in March 2019 from 4.3% in February.
  • The annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, rose to 7.4% in March from 6.6% in February.
  • The annual growth rate of adjusted loans to households held at 3.2% in March, compared with 3.3% in February.
  • The annual growth rate of adjusted loans to non-financial corporations contracted to 3.5% in March from 3.8% in February.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
Related Articles
Comments
0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Add 3442

Add 3440

XM

Best Forex Brokers