YoY Change in Money Supply M3 in the Eurozone
Country:
EurozoneImportance:
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Data Trends
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| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
About YoY Change in Money Supply M3 in the Eurozone
The year-on-year change in M3 money supply indicates the broad money supply in the Eurozone compared to the same month of the previous year. This data, released monthly by the European Central Bank (ECB), is crucial for evaluating trends in money supply.
Year-on-year data helps understand how money supply fluctuates over longer periods. An increase in M3 suggests vigorous economic activity and potential inflationary pressures. Conversely, a decrease in M3 may indicate economic stagnation.
This information serves as a vital reference for policymakers to assess trends in money supply and formulate appropriate monetary policies. It is also essential for businesses and investors to gauge trends in money supply and economic outlooks.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
