M2 Global Liquidity Index [Extended + Offset]

M2 Global Liquidity Index [Extended + Offset]

This indicator visualizes global M2 money supply, weighted in USD, based on major economic regions.

Features:

Standard Mode: Includes M2 data from the USA, China, Eurozone, Japan, and the UK.

Extended Mode: Adds Switzerland, Canada, India, Russia, Brazil, South Korea, Mexico, and South Africa.

Offset Function: Adjustable time lag (78 or 108 days) to analyze the delayed impact of liquidity on financial markets.

Use Case:

Designed to help identify global liquidity cycles and assess potential turning points in financial markets. Rising global liquidity generally supports risk assets like equities and crypto, while declining liquidity can put downward pressure on these markets.
Technical Details:

Non-USD M2 values are converted using real-time FX rates.

All values are displayed in trillions of USD (Tn).

Note:

Not all countries release M2 data in real-time or at the same frequency. Minor delays and discrepancies may occur.

Example: