Global Liquidity Watch: Weekly Update

Global Liquidity Growth Slowed Through June

Global liquidity growth slowed through June, according to measures derived from the weekly balance sheets of the major Central Banks and collateral values. That said, US dollar depreciation has helped offset weak Central Bank liquidity growth and bolstered collateral values. Risk assets and cryptocurrencies have been amply supported by the liquidity expansion in Q1. Liquidity expanded in Q2 too but by less, so Q3 will likely see some loss of momentum…