Global Liquidity Watch: Weekly Update

Global liquidity levels continue to rise

Global liquidity levels continue to rise. Collateral values have been the key driver behind the improvement through July. Hopes for Fed easing are growing as inflation moves closer to target and this is boosting bonds. The US dollar is weakening too – another positive for global liquidity. And Central Bank liquidity growth is also edging higher. Here the lead has come from the People’s Bank of China.