Central Bank Reserve Holdings of Gold

Central Bank Reserve Holdings of Gold For the first time since the end of WWII, central banks are increasing their holdings of gold to diversify their reserves away from the U.S. dollar, amid trade tensions. Image: Bernstein

Bank Reserves and the U.S. Dollar

Bank Reserves and the U.S. Dollar This interesting chart shows the correlation between excess reserves held by banks at the Fed and the U.S. dollar. Image: Financial Times

Bank Reserves Held at the Fed

Bank Reserves Held at the Fed Nice chart showing that overall deposits at the Fed from banks have fallen over the past year. Image: Reuters

Reserve Bank Credit, Treasury Securities and MBS

Reserve Bank Credit, Treasury Securities and MBS This chart shows how Reserve Bank credit has increased, as the Fed has continued to add treasury securities to its balance sheet. Image: Wells Fargo Investment Institute

China – Required Reserve Ratio vs. M1 Money Supply Growth

China – Required Reserve Ratio vs. M1 Money Supply Growth The People’s Bank of China slashed the reserve requirement ratio for most financial institutions, but M1 money supply growth is currently near the lowest. This is not good news for GDP growth. Image: Jeroen Blokland

Total Allocated Exchange Reserves by Currency

Total Allocated Exchange Reserves by Currency The U.S. dollar represents 61% of all central bank foreign reserves. And the total value of all currencies held in foreign exchange reserves is almost $11 trillion. Image: howmuch.net

Atlanta Fed GDPNow U.S. Real GDP Estimate

Atlanta Fed GDPNow U.S. Real GDP Estimate The GDPNow model estimate for U.S. real GDP growth is now 1.8% for 2019:Q4. Image: Federal Reserve Bank of Atlanta

China’s Monetary Policy

China’s Monetary Policy The Chinese banks’ reserve requirement ratio will be cut by 50 bps on January 6, to 12.5%. Image: Bianco Research

Philly Fed Leading Index and Recession

Philly Fed Leading Index and Recession The Philly Fed Leading Index for the United States suggests that the U.S. economy is still in expansion mode over the next 6 months. Image: Federal Reserve Bank of Philadelphia