
Global money update: US relative strength
July 31, 2025
US six-month real narrow money momentum recovered in June, in contrast to a further slowdown in the Eurozone and outright weakness in Japan / the UK.
Insights
Global money update: US relative strength
Insights
Global money update: US relative strength
Insights
Global money update: US relative strength
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View on Google MapsManaging Director,
Head of Institutional Sales, Global
Tel: +1 (438) 944-9136
Email: [email protected]
Download V-CardSenior Vice President,
Co-Head of Institutional Sales, USA
Tel: +1 (917) 945-0960
Email: [email protected]
Download V-CardSenior Vice President,
Co-Head of Institutional Sales, USA
Tel: +1 (203) 615-4847
Email: [email protected]
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Institutional Sales, Europe
Tel: +44 (0) 203 535 8107
Email: [email protected]
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Tel: +44 20 3535 8124
Email: [email protected]
Download V-CardJuly 31, 2025
US six-month real narrow money momentum recovered in June, in contrast to a further slowdown in the Eurozone and outright weakness in Japan / the UK.
July 30, 2025
Moderate growth of the Bank of England’s M4ex measure conceals weak corporate / household money trends.
July 25, 2025
June money numbers cast doubt on ECB President Lagarde’s assertion that policy-makers are “in a good place”.
July 21, 2025
In this month’s commentary we cover the surge in South Korean equities fuelled by recently elected President Lee’s embrace of governance reform
July 18, 2025
Six-month real narrow money momentum remains stronger in the E7 than G7, with India a new source of strength and China stabilising after a pull-back.
July 11, 2025
Monetary weakness may partly reflect temporary factors but also signals an overrestrictive policy stance.
July 9, 2025
Global six-month real narrow money momentum fell sharply between March and May, suggesting economic weakness from late 2025.
June 24, 2025
Demand for US dollar deposits may be starting to wane, contributing to weakness in local rates and upward pressure on the RMB.
June 17, 2025
Chinese monetary trends suggest a continuation of lacklustre economic growth with negligible inflation.
June 16, 2025
In this month’s commentary we go under the hood of the recent rally in EM equities, and cover Mexico’s controversial judicial elections and their impact on the country’s institutional quality.
June 11, 2025
Historical lags and exchange rate appreciation suggest that disinflation has much further to run.
June 6, 2025
Eurozone / UK money growth has weakened despite rate cuts, suggesting that central banks have more work to do.
June 5, 2025
Trade disruption and a monetary relapse suggest receding prospects for a H2 recovery in global manufacturing PMI new orders.
June 4, 2025
A hopeful signal from an earlier monetary pick-up has fizzled.
May 30, 2025
US money growth is slowing, suggesting less support for the economy and improving prospects for rate cuts.
For additional information on NS Partners Ltd, please contact:
Managing Director,
Head of Institutional Sales, Global
Senior Vice President,
Co-Head of Institutional Sales, USA
Senior Vice President,
Co-Head of Institutional Sales, USA
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