The Bank for International Settlements’ quarterly review, published today (December 8) finds market exuberance amid corporate bankruptcies, and gold losing its ‘safe haven’ status as its surging price correlates with that of equities.
Hyun Song Shin, who leads economic work at the BIS, told a press conference on December 6: “What we definitely can say quite safely is that there have been some very important structural changes in the financial markets.”
The report, which covers the period from
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@fx-markets.com or view our subscription options here: https://subscriptions.fx-markets.com
You are currently unable to print this content. Please contact info@fx-markets.com to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@fx-markets.com
Read More: BIS points to ‘structural transformations’ in markets