Hot sectors in a tepid recovery
The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010. Full Article | Full Coverage
TABLE-U.S. M-2 money supply up $21.8 bln May 12 week
May 22 (Reuters) - U.S. M-2 money supply rose by $21.8 billion in the May 12 week to $7,676.7 billion, the Federal Reserve said on Thursday.
The Fed said the four-week moving average of M-2 was $7,669.7 billion vs. $7,666.9 billion in the previous week.
Following are the details of the money supply report, and the Fed's H.3 and H.4 reports:
One week ended May 12 (billions dlrs)
Latest Change Prev week Rvsd from M-1....1,358.7 down...13.2 vs 1,371.9.....1,372.5 M-2....7,676.7 up.....21.8 vs 7,654.9.....7,654.9 M-2 Avg 4 wks (Vs Wk ago)..7,669.7 vs ...7,666.9 Monthly aggregates (Adjusted avgs in billions) M-1 (April vs March)......1,367.6 vs.....1,372.0 M-2 (April vs March)......7,677.0 vs.....7,661.5
Federal Reserve's H.3 and H.4 report:
Two Weeks Ended May 21 daily avgs-mlns (H.3) Free Reserves..............-27,429* vs.rvsd...-27,215* Bank Borrowings.............29,420 vs.........29,197 Seasonal Loans...42 vs.............31 Excess Reserves..............1,991 vs..........1,982 Required Reserves (Adj).....40,572 vs.........42,196 Required Reserves...........41,862 vs.........43,023 Total Reserves..............43,853 vs.........45,005 Non-Borrowed Reserves.....-110,565 vs........-84,191 Monetary Base (Unadj)......831,742 vs........829,816 *Includes Primary Dealer Credit Facility and other credit facility extensions amounts, not Term auction facility amounts.
Two Weeks Ended May 21 daily avgs-mlns Total Vault Cash............48,820 vs.........48,815 Inc Cash Equal to Req Res...34,863 vs.........35,377
One week ended May 21 (H4.1) Bank Borrowings..........27,791**down.........3,255** Primary Credit...........13,536 down...........880 Secondary Credit............nil down.............1 Seasonal Credit..............46 up...............9 Float.......-912 up.............297 Balances/Adjustments......7,045 vs............unch Currency.817,761 up...........2,001 Treasury Deposits.........4,399 down...........258 **Includes Primary Dealer Credit Facility and other credit facility extensions amounts.
One week ended May 21 - daily avgs-mlns Fed bank credit.............871,207 up.........4,994 Treasuries held outright....502,831 down......17,223 Agencies held outright..........nil vs..........unch Repos........123,357 up........27,536 Other Fed assets.............93,140 down.......2,361 Other Fed liabilities........44,505 up...........942 Other deposits with Fed.........288 down..........48 Foreign deposits..98 vs..........unch Gold stock....11,041 vs..........unch Custody holdings..........2,276,672 down.......2,002
Factors on May 21 Bank borrowings..............28,871 vs........27,905 Float.........-1,563 vs..........-337











