Historical Year Data · 2016
Credit Card Loans (Banks) in 2016
Credit Card Loans (Banks) opened 2016 at $1B and closed at $1B, a +7.31% move for the year. The high of $1B was reached on December 14, and the low of $1B on January 13.
Open
$1B
2016-01
Close
$1B
52 data points
High
$1B
Dec 14
Low
$1B
Jan 13
Full Year Change
+7.31%
2015 Change
+5.71%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $1B | $1B | $1B | $1B | -0.02% |
| Feb | $1B | $1B | $1B | $1B | -0.05% |
| Mar | $1B | $1B | $1B | $1B | +1.39% |
| Apr | $1B | $1B | $1B | $1B | +0.27% |
| May | $1B | $1B | $1B | $1B | +0.08% |
| Jun | $1B | $1B | $1B | $1B | +2.11% |
| Jul | $1B | $1B | $1B | $1B | +0.24% |
| Aug | $1B | $1B | $1B | $1B | +0.47% |
| Sep | $1B | $1B | $1B | $1B | +0.23% |
| Oct | $1B | $1B | $1B | $1B | -0.11% |
| Nov | $1B | $1B | $1B | $1B | +0.76% |
| Dec | $1B | $1B | $1B | $1B | +0.11% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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