- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Eurozone: normalisation in money growth - ING
Eurozone: normalisation in money growth - ING
Commenting on the latest ECB’s report on the monetary developments, Bert Colijn, a Team Lead Global Macro at ING, notes that stable lending to the private sector and slower growth in monetary aggregates indicate that emergency liquidity effects are waning, but also indicate that business investment is likely to remain weak amid high economic uncertainty
"Broad money (M3) growth decreased from 10.1% in July to 9.5% in August and the more narrow monetary aggregate M1 fell from 13.5% to 13.2%. Money growth had been elevated since the start of the crisis, thanks to a strong surge in asset purchases by the European Central Bank and government measures aimed at providing liquidity to businesses and households. The August monthly increase in M3 was below the average increase for 2019 for the first time since the coronavirus outbreak, indicating that some normalisation in the money supply is occurring after the unprecedented demand for liquidity which started with the lockdowns."
"Annual growth in loans to households and non-financial corporates was stable at 3 and 7.1% respectively, showing stabilisation in the borrowing environment. The monthly net increase in loans was small in August, as it has been in June and July as well. This indicates that now that emergency liquidity funding has been drawn, there is no increase in investment demand noticeable in these figures. That is, of course, no surprise given the high uncertainty surrounding the economic outlook at the moment."
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
