M3 Money Supply decreased to 5.1% in November

wrapper

News
Analysis
- Fundamental
  
  Daily fundamental analysis
  
  Weekly fundamental analysis
- Technical
  
  Daily technical analysis
  
  Weekly technical analysis
Charts
Basic terms
Education
Calendar
Contact

Wednesday, Dec 30 2015

The annual growth rate of the broad monetary aggregate M3 decreased to 5.1% in November 2015, from 5.3% in October, averaging 5.1% in the three months up to November. Smaller decrease to 5.2% was anticipated. The components of M3 showed the following developments.

The annual growth rate of the narrower aggregate including currency in circulation and overnight deposits (M1) decreased to 11.2% in November, from 11.8% in October. The annual growth rate of short-term deposits other than overnight deposits (M2-M1) was less negative at -4.1% in November, from -4.3% in October. The annual growth rate of marketable instruments (M3-M2) decreased to 2.6% in November, from 3.1% in October.

Euro is currently being traded around 1.0920 area. Pair is likely to find support around 1.09 handle and resistance above 1.0950 level. There will be no data releases in the rest of the session. Later today, in the US session, Pending Home Sales figures are scheduled for a release.

More in this category: « Spanish CPI stands at 0.0% in December Pending Home Sales unexpectedly fell by 0.9% »

Latest from Editor

Popular

UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most…
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures…
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports…
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Menu

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.