ECB-Monetary developments in the euro area: July 2024

August 28, 2024--Annual growth rate of broad monetary aggregate M3 stood at 2.3% in July 2024, unchanged from previous month (revised from 2.2%)
Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, was -3.1% in July, compared with -3.4% in June
Annual growth rate of adjusted loans to households increased to 0.5% in July from 0.3% in June

Annual growth rate of adjusted loans to non-financial corporations stood at 0.6% in July, compared with 0.7% in June

Components of the broad monetary aggregate M3

The annual growth rate of the broad monetary aggregate M3 stood at 2.3% in July 2024, unchanged from the previous month, averaging 2.0% in the three months up to July. The components of M3 showed the following developments. The annual growth rate of the narrower aggregate M1, which comprises currency in circulation and overnight deposits, was -3.1% in July, compared with -3.4% in June. The annual growth rate of short-term deposits other than overnight deposits (M2-M1) decreased to 11.4% in July from 12.8% in June. The annual growth rate of marketable instruments (M3-M2) increased to 21.0% in July from 18.7% in June.

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ESMA publishes latest edition of its newsletter

January 9, 2025-- The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, has today published its latest edition of the Spotlight on Markets Newsletter.

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Amundi to shut its original 'multi' smart beta ETF

January 8, 2025--The fund made returns of nearly 20% last year but has failed to retain sufficient assets to be 'economically efficient'
Amundi is to close a multi-strategy smart beta exchange traded fund, the product it launched to enter the space a decade ago.

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​ESMA launches selection of the Consolidated Tape Provider for bonds

January 3, 2025-- The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, is launching the first selection procedure for the Consolidated Tape Provider (CTP) for bonds. Entities interested to apply are encouraged to register and submit their requests to participate in the selection procedure by 7 February 2025.

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ECB-Monetary developments in the euro area: November 2024

January 2, 2025--Annual growth rate of broad monetary aggregate M3 increased to 3.8% in November 2024 from 3.4% in October
Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, increased to 1.5% in November from 0.2% in October
Annual growth rate of adjusted loans to households stood at 0.9% in November, compared with 0.8% in October

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