# Commentary

> The Eurosystem's weekly financial statement for the week ending 1 December 2017 shows base money rising by EUR 68.7 billion and net lending to credit institutions up by EUR 9.4 billion. Securities purchase programmes continued at routine levels.

- Date: 2017-12-05 · published 2017-12-05T12:00:00.000Z
- Category: report · region Europe · magnitude low
- Page: https://feedsoft.ai/events/67683-commentary
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Growth in base money and central bank asset purchases reflects ongoing euro liquidity. It has little direct bearing on feed commodity supply or demand.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2020-01-16 | [Account of the monetary policy meeting](https://feedsoft.ai/events/55293-account-of-the-monetary-policy-meeting.md) | -1.1% | -2.8% |
| EURUSD | 2026-08-26 | [Euro comes under pressure against US Dollar after mixed US PCE data](https://feedsoft.ai/events/18103-euro-comes-under-pressure-against-us-dollar-after-mixed-us-pce-data.md) | -0.7% | -2.4% |
| EURUSD | 2022-11-10 | [EUR/USD Soars After Softer-Than-Expected U.S. Inflation Data \| Investing.com](https://feedsoft.ai/events/8196-eur-usd-soars-after-softer-than-expected-u-s-inflation-data-investing-com.md) | +3.0% | +5.1% |
| EURUSD | 2026-07-28 | [Euro skyrockets amid softer US confidence](https://feedsoft.ai/events/7689-euro-skyrockets-amid-softer-us-confidence.md) | +1.2% | +2.5% |
| EURUSD | 2019-01-31 | [Euro-to-Dollar Rate: Economic Data Suggests There Could Be More Bad News to Come](https://feedsoft.ai/events/61306-euro-to-dollar-rate-economic-data-suggests-there-could-be-more-bad-news-to-come.md) | -0.3% | -0.4% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/annual-reports-financial-statements/wfs/2017/html/ecb.fs171205.en.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.