Economic Calendar

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Oct
14
SaturdayImpactActualForecastPreviousDetails
02:00
CNY
Chinese M2 Money Supply (y/y)
med
9.2%8.9%8.9%

Chinese M2 Money Supply (y/y)

02:00
CNY
ImpactActualForecastPrevious
med
9.2%8.9%8.9%

Details

Source
The Peoples Bank of China
Measures
Monetary aggregates, known also as "money supply", is the quantity of currency available within the economy to purchase goods and services. Depending on the degree of liquidity chosen to define an asset as money, various monetary aggregates are distinguished: M0, M1, M2, M3, M4, etc. Not all of them are used by every country. The methodology of calculating money supply varies between countries. M2 is a monetary aggregate that includes all physical currency circulating in the economy (banknotes and coins), operational deposits in central bank, money in current accounts, saving accounts, money market deposits and small certificates of deposit
Usual Effect
A higher than expected reading should be taken as positive/bullish for the CNY, while a lower than expected reading should be taken as negative/bearish for the CNY.
Frequency
Monthly
Next Release
Nov 13, 2017
Why Traders Care
Excess money supply growth potentially can cause inflation and generate fears that the government may tighten money growth by allowing the interest rates to rise which in turn, lowers future prices
Also Called
M2 Money Stock
02:00
CNY
Chinese New Loans
med
1,270.0B1,200.0B1,090.0B
02:00
CNY
Chinese Aggregate Financing
med
1,819.9B1,579.1B1,480.0B
17:00
EUR
ECB's Draghi Speaks in Washington
med
22:00
EUR
German Bundesbank's Dombret Speaks at IIF Conference in Washington
med

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