New Overnight Developments Abroad - Daily Update
Some Interesting Data
July 9, 2013
Growth in Japan’s monetary base is seeping into the money supply. A 3.8% on-year rise in M2 money in June was the most in over a decade. M2 growth accelerated to 3.5% in the second quarter from 2.9% in 1Q and 2.5% in 2012. Broad liquidity climbed 3.2% in the year to June, up from […] More