France Treasury Holdings in 2015
France Treasury Holdings opened 2015 at $76B and closed at $60B, a -21.06% move for the year. The high of $80B was reached on March 31, and the low of $49B on July 31.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $76B | $76B | $76B | $76B | +0.00% |
| Feb | $70B | $70B | $70B | $70B | +0.00% |
| Mar | $80B | $80B | $80B | $80B | +0.00% |
| Apr | $75B | $75B | $75B | $75B | +0.00% |
| May | $51B | $51B | $51B | $51B | +0.00% |
| Jun | $54B | $54B | $54B | $54B | +0.00% |
| Jul | $49B | $49B | $49B | $49B | +0.00% |
| Aug | $56B | $56B | $56B | $56B | +0.00% |
| Sep | $50B | $50B | $50B | $50B | +0.00% |
| Oct | $50B | $50B | $50B | $50B | +0.00% |
| Nov | $57B | $57B | $57B | $57B | +0.00% |
| Dec | $60B | $60B | $60B | $60B | +0.00% |
Events During 2015
The PBoC devalued the yuan by 1.9% in a single day on August 11, 2015, the first meaningful devaluation since 1994. Global risk assets convulsed.
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.
The Swiss National Bank abandoned its 1.20 EUR/CHF floor on January 15, 2015. The franc immediately surged 30%, blowing up retail FX brokers and exposing the fragility of exchange rate commitments.
Related Metrics
Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.