Monday, June 27, 2016
Collapsing the European banking sector ... new strong losses in price levels of 2009 .. STOXX® Europe 600 Banks
Market comment ..
After the devastating losses Friday because of the British referendum result and BREXIT .. ... a new strong corrective movement this time ..... the STOXX® Europe 600 Banks following the general trend in European markets recording .. but multiple casualties ... for a second day ..... losses of 7.24% at 119.73 m ... now moving to levels of March 2009 .. !!!
STOXX® Europe 600 Banks
The STOXX® Europe 600 Banks ... after stabilization effort made in opening markets .. tried to move to the level of 128.64 m .. and strong long-term support of 130.04 m .. given reaction signs. ..
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STOXX
The annual growth rate of loans to households stood at 1.6% in May, compared with 1.5% in April ..Monetary developments - ECB
Press Release - Monetary developments in the euro area: May 2016
• The annual growth rate of the broad monetary aggregate M3 increased to 4.9% in May 2016, from 4.6% in April. • The annual growth rate of the narrower aggregate M1, which includes currency in circulation and overnight deposits, decreased to 9.1% in May, from 9.7% in April.
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ECB
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