What is it? It checks the change in the total value of new loans issued to consumers and businesses in the private sector.
Borrowing and spending are positively correlated - consumers and businesses tend to seek credit when they are confident in their future financial position and feel comfortable spending money.
When? December 30th at 4:00am Eastern Time.
Trading Tip: If the number is higher than the forecast, you can expect the EUR to rise.
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