TeleTrade - Analytics

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    The European Central Bank (ECB) released its M3 money supply figures on Friday. M3 money supply rose 5.3% in April from last year, exceeding expectations for a 4.9% gain, after a 4.6 % increase in March.

     

     

    During three months to April, M3 money supply rose to 4.7% from 4.2% in the January to March period.

     

     

    The lending for house purchase climbed 0.1% in three months to April, after a 0.2% rise a quarter ago.

     

     

    Loans to the private sector in the Eurozone were flat in April from the last year, missing expectations for a 0.2% gain, after a 0.1% increase in March.


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