Central banks have been buying $2.4 billion in assets every hour for the past two months

According to data from Bank of America,  central banks around the world have been buying almost $2.4 billion in financial assets every hour for the past two months.

BofA’s weekly Flow Show reveals that central banks have purchased around $4 trillion in financial assets, including  government and agency bonds , corporate bonds, and mortgage debt. 

The support from central banks is potentially be fueling heat for securities markets. Some $17.8 billion has been poured into  bond markets over the past week, the biggest move in more than three months. Around $3.5 billion has been invested into gold, the second largest on record. 

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Sergey Savastiouk|Expert

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.

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