Deflation Heat Map Spring 2014

Dankse bank made this interesting deflation heat map. Showing overall as well as components of the HICP (euro-wide definition of the) inflation rate. Greece even faces deflation of 1.8 percent. Portugal has a minor negative inflation rate of 0.1 percent. The Euro Zone as a whole saw prices rise with 0.7 percent.

Danske Bank

Euro Zone Inflation History (-May 2012)

This chart from Reuters links the Euro Zone inflation with the ECB interest rate from the start of the Euro until May 2012. In May the Euro Zone inflation was at a 15-month low. The interest rate has been at record low rates since the recession in 2009.

Italy & Spain Main Users First LTRO

This graph from a BIS report (European bank funding and deleveraging) shows on the left for which amount in billion euro's banks of the countries in the Euro Zone have used the first 'Longer Term Refinancing Operation' 3 year loans of the European Central Bank. 

The second graph shows how the banks have changed their holdings of government debt in the three months after the LTRO. It seems Italy and Spain have used the LTRO money partly to buy government debt. As seen by the large decrease in the interest rates of the government bonds of these two countries in the given period it is most likely the bonds that the banks bought were Spanish and Italian.

Bailout & Stimulus In The World During The Financial Crisis

This infograph shows the sizes of the bailouts and the stimulus (up until the end of 2009) in the world. The grey circles picture the size of the economy of the country in 2008 in dollars. Inside the circle the red part shows the bailout costs as a percentage of GDP and the blue part shows the stimulus amounts as a percentage of GDP.

The Big Picture

Short Term Interest Rate In the United States (1831-2011)

Here I show the short term interest rate for the United States from 1831-2011. The short time interest rate was determined by supply and demand before 1913 and set by the Federal Reserve since 1913. Especially notice the almost continue decline in the interest rate from 1980 in which the financial markets exploded and housing bubbles were created - (lending) money became more and more cheap for consumers, businesses, governments and banks.

Ritholtz

Holders of Greece, Ireland and Portugal Debt

'Who holds the sovereign debt of Greece, Ireland and Portugal? Not an easy question. So, RBC Capital Markets compiled figures and MarketBeat/WSJ published them. Bellow, are the charts  of the estimated debt exposure.'

LisWires

Collateral deposited at the ECB

The current financial guarantees that the ECB has on it balance sheet are double the size as they were before the crisis. The picture from Der Spiegel graphs what these guarantees consist of.

Source: Der Spiegel

World Gold Holdings: The Countries with the biggets gold reserves

This post graphs the countries (and the IMF) with the biggest gold holdings by their central banks.

Source: Jim Rickars (World Gold Council)