Latest ECB BLS (bank lending survey ) now published 25 April
- positive impact on lending volumes
Genius. I wonder how much they spent coming to that conclusion ?
- sees further increase in demand for corp, housing and consumer loans in Q2
- sees slightly tighter credit standards for business loans in Q2, unchanged credit standards for housing loans
EURUSD 1.0885 still capped at 1.0900 but EURJPY higher as USDJPY advances through 110.35
The BLS, which is conducted four times a year, was developed by the Eurosystem in order to improve the understanding of banks' lending behaviour in the euro area. The results reported in the April 2017 survey relate to changes in the first quarter of 2017 and expectations of changes in the second quarter of 2017, unless otherwise indicated. The April 2017 BLS was conducted between 16 and 31 March 2017. With 139 banks (out of 140 sample banks) participating in the survey, the response rate was 99%.
Full report here
