June eurozone M3 money annual growth 1.5% vs 1.1% exp

• Prior 1.0%
• M3 3m moving average 1.1 vs 0.9% prior
• Private loans -1.0% vs -1.8% exp. Prior -2.0%

An increase in loans could signal some confidence coming into Europe

Eurozone M3 money supply 25 07 2014