Eurozone May M3 money supply +3.9% vs +4.0% y/y expected


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  • Prior +3.9%
  • Loans to households Y/Y +2.0% vs +1.9% prior
  • Loans to companies Y/Y +2.5% vs +2.6% prior

This is not a market moving release. The money supply growth is expected given the ECB easing.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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