Tuesday, May 31, 2016 - 05:32 ECB Allots E51.905 Bln In 7-Day Funds, 115 Bids 0
FRANKFURT (MNI) - The European Central Bank on Tuesday allotted E51.905 billion in its main seven-day refinancing operation at a fixed rate of 0%.
The ECB satisfied all of the 115 bids received.
Today's operation resulted in a net drain of E8.298 billion after the ECB allotted E60.203 billion in its 7-day MRO last week.
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Tuesday, May 31, 2016 - 04:20 ECB: EMU Private Sector Lending Growth Steady At 0.9% In April 0
--M3 growth rate slows to 4.6% in April
FRANKFURT (MNI) - Eurozone money supply slowed more than expected in April, according to data from the European Central Bank released Monday, while private-sector lending continued to expand.
The annual growth rate of loans adjusted for sales and securitization stood at 0.9% in April, unchanged from the previous month, the ECB said in its regular M3 conference call.
The rate of loans to households slowed to 1.5% in April from 1.6% in March, the ECB said, while the annual growth rate of loans to non-financial corporations accelerated to 1.2% in April, from 1.1% in March, the data indicated.
Tuesday, May 31, 2016 - 02:45 France Flash HICP Consumer Prices Unchanged in May 0
By Jack Duffy
PARIS (MNI) - France's EU-harmonized inflation rate returned to neutral in May after three months in negative territory, according to the flash estimate by the national statistics institute Insee on Tuesday
HICP consumer prices were unchanged on an annual basis in May, compared with -0.1% in April and above -0.1% median estimate among economists surveyed by MNI.
Prices edged higher in May as energy prices fell at an annual rate of 5.9%, less than the 6.8% drop in April, and prices of manufactured goods fell by 0.6%, matching the 0.6% April drop.
Monday, May 30, 2016 - 21:18 China PBOC Injects CNY120 Bln via 7-day Reverse Repos 0
BEIJING (MNI) - The People's Bank of China injected CNY120 billion via seven-day reverse repos in its open market operations on Tuesday, traders said.
This resulted in a net injection of CNY55 billion for the day.
A total of CNY370 billion in outstanding reverse repos matures this week.
The seven-day repo opened at 2.25% on Tuesday, unchanged from Monday's opening price.
Sunday, May 29, 2016 - 21:35 China PBOC Injects CNY65 Bln via 7-day Reverse Repos 0
BEIJING (MNI) - The People's Bank of China injected CNY65 billion via seven-day reverse repos in its open market operations on Monday, traders said.
This resulted in a neutral position for the day.
A total of CNY37 billion in outstanding reverse repos matures this week.
The central bank injected a net CNY70 billion at OMOs last week, the second consecutive weekly net injection.
The seven-day repo opened at 2.25% on Monday, unchanged from Friday's opening price.
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Sunday, May 29, 2016 - 20:35 St Louis Fed's Bullard: Keep Int Rates Positive In Next Crisis 0
--Central Bank Should Generate one-time Price Level Rise
--Don't Go To Zero Lower Bound, Q.E., Forward Guidance
(MNI) - If the economy again faces economic weakness and credit market disruption at some point, St.