Central Bank Balance Sheets: U.S., Eurozone, Japan

This page is created to monitor the balance sheet of the U.S., Eurozone, Japan and the United Kingdom.

There is a strong correlation between the price of gold and the expansion of the total sum of all central bank balance sheets in the world.

ECB = blue

U.S. Federal Reserve = red

Bank of Japan = green

Bank of England = orange

(The Chinese balance sheet is not included in this graph as it is not available on FRED)

source: tradingeconomics.com

The U.S. balance sheet consists of Treasuries and Mortgage backed securities.

The Treasury General Account provides cash for Bank Reserve Balances (which are a cost if they go up too much). Because the TGA is a liability—a source of funding for the Fed—when it falls, reserve balances must go up by a corresponding amount. 

Bank reserves cannot go below a certain level.

The Federal Reserve Balance Sheet is connected to the following entities.

If you want to follow up on the Repo Madness. This FRED link will give you the amount of Repo's they buy. Usually, the amount of repos bought will increase when the commercial paper market gets spooked.

Watch the overnight reverse repo (RRP). If this skyrockets, there will be downward pressure on the USD.