Mostly: Classical

[amarksp]

thanks much Louis! Will start reviewing GFMS newsletters, better late than never... Actually was already subscribed but need to start paying closer attention to these newsletters...

Thus, from Oct 17 issue:
"The first two reports from the European Central Bank for this new year in the second CBGA suggest sales over the fortnight of just over twelve tonnes"

12 tonnes over 500 tonnes = 2.4%
1/2 month over 12 months = 4.1%

Thus, using these stats, it appears that central bank selling below quota for first half month of new agreement (2.4% vs 4.1%). Is this accurate statement...?

Appears all Central Bank sales are from Europe, can I assume that all 12 tonnes mentioned are covered by these:
E.C.B.
Austria
Germany
France
Netherlands
Portugal
Sweden
Switzerland
Spain
Belgium