M3 Money Supply (EUR) – 30/12
- Donald Herison
- English
- ANNOUNCEMENTS
- Hits: 1488
What is it? It checks the change in the total quantity of domestic currency in circulation and deposited in banks.
It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation.
When? December 30th at 4:00am Eastern Time.
Trading Tip: If the number is higher than the forecast, you can expect the EUR to rise.
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