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Monetary developments in the euro area: October 2017

November 28, 2017--Monetary developments in the euro area: October 2017
The annual growth rate of the broad monetary aggregate M3 decreased to 5.0% in October 2017, from 5.2% in September (revised from 5.1%).

The annual growth rate of the narrower aggregate M1, which includes currency in circulation and overnight deposits, decreased to 9.4% in October, from 9.8% in September.

The annual growth rate of adjusted loans to households stood at 2.7% in October, unchanged from the previous month.

The annual growth rate of adjusted loans to non-financial corporations increased to 2.9% in October, from 2.4% in September.

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Source: ECB


STOXX changes composition of benchmark indices

November 28, 2017--Results of the fourth regular quarterly review to be effective Dec. 18, 2017
STOXX Ltd., the operator of Deutsche Boerse Group's index business, and a global provider of innovative and tradable index concepts, today announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index.

Effective as of the open of European markets on Dec. 18, 2017, the following stocks will be added to and deleted from the STOXX Europe 600 Index and its respective size and sector indices:

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Source: STOXX


Bank of England-Financial Stability Report, November 2017

November 28, 2017--The Bank of England Financial Stability Report, November 2017 is available.

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Source: Bank of England


MOVES-BNP Paribas Asset Management names head of UK institutional sales

November 27, 2017--BNP Paribas Asset Management, the investment management arm of BNP Paribas, appointed Philip Dawes head of institutional sales for the UK and Ireland.

Based in London, Dawes will report to Charles Janssen, the head of institutional sales for Europe.

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