Eurozone June M3 money supply +0.6% vs +1.0% y/y expected

<ul><li>Prior +1.4%</li></ul><p>Broad money growth in the euro area is shrinking faster than expected and this just adds to more concerns surrounding a credit crunch impacting the economy. As the ECB seeks to tighten further, this is definitely a risk that they have to consider in the months ahead.</p>

This article was written by Justin Low at www.forexlive.com.