Eurozone January M3 money supply +3.6% vs +3.8% y/y expected

• Prior +3.5%

The pace of broad money growth in the euro area continues to hold relatively stable, though the narrower aggregate M1 (currency in circulation and overnight deposits) did show a notable jump in growth to 2.7% in January – up from 1.8% in December.

This article was written by Justin Low at www.forexlive.com.