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Writer's pictureRosbel Durán

🏦Credit Impulse: EU, US, China

  • With U.S. and EU negative credit impulse, global flow of credit has reached a new low in August, looking back to 2010

  • The Chinese flow of credit peaked back in December and has been coming down since then, the latest print is the lowest since March 2020.

  • Analysts at Nordea Bank have recently highlighted the Chinese creation of credit leading activity indicators like PMIs and commodity prices



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