This outflow beat the previous record of $ 41.8 billion set at the height of the financial crisis in October 2008 and is likely due to a combination of factors including steadily rising yields and hints
from global central bankers that monetary stimulus may be scaled back in the future, TrimTabs said.
Not exact matches
Yesterday, Reuters reported that a recent letter
from the Financial Stability Board's (FSB) chairman, Mark Carney, to the G20 finance ministers and
central bankers echoed Buch's sentiments: «The FSB initial assessment is that crypto - assets do not pose risks to
global financial stability at this time.»
Thanks to a coordinated plan of attack on part of
global sovereign
bankers, and reiterated by new policy actions
from the European
Central Bank, the markets shrugged off early losses in the year with a very solid recovery in March.
Due to the low interest rate environment resulting
from the policies of
global central bankers, major oil and natural gas stocks have become very appealing due to the high dividend yields.
Central bankers from at least 24 different countries attended the conference to talk about how technology is likely to impact the
global payment landscape.