At present, this means collecting information on 10,000 daily transactions in the unsecured money market, with a daily volume of around € billion. We also collect data on around 30,000 daily transactions on secured loans, worth around € billion.
There is a threat of overheating in China, with all sorts of adverse consequences. Japan has experienced about two decades of low growth, if any, and this seems to continue. What poses a downside risk to all economies, however, is the European situation. It is still very fragile and even minor adverse surprises can trigger a vicious downward spiral.