The €1trn in cheap loans provided by the ECB since December is expected to be only the start of a wave of liquidity measures that store up problems for the eurozone.
Banks borrowed €529bn from the European Central Bank in the second tranche of its three-year long-term refinancing operation (LTRO) last week, slightly above consensus estimates, to add to the €489bn borrowed...
Equities overweight down to 3%
Relates to 136 million transaction reports
Patience must be a watchword
MSCI has recently increased the Chinese A-share market's inclusion factor from 5% to 20%.
Change of objective