Global Liquidity July Update:: Weaponizing The Yen?

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Weaponizing The Yen?

 

·         Global Liquidity Index (GLI™) ticks up to 21.3 (range 0-100)

·         Robust levels of private sector liquidity (33.5) are not consistent with major upcoming recession

·         World Central Bank Liquidity higher at index of 24.6 (32.3 EM ex China). China’s PBoC  has been forced into a policy flip-flop by weak Yuan

·         Cross-border flows (EM index 66.9) and Foreign US dollar holdings are again expanding. Flows heading towards Asia and being monetized

 

 

 

 

See our latest published research, Global Liquidity Latest – July 2023

 

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