Thursday, December 12, 2024
Google search engine

Cash attracts most significant once a week inflow considering that March 2023, BofA claims


LONDON (Reuters) – Investors tilled $136.4 billion right into money in the week to Wednesday, the most significant once a week inflow considering that March 2023, when markets were rattled by a local financial situation, according to a record from Bank of America on Friday.

They likewise purchased $8.2 billion of supplies and $4.9 billion of bonds, however marketed $0.4 billion of gold, Bank of America claimed, pointing out information from EPFR.

Crypto obtained a $3 billion shot, and clocked its biggest four-week inflow ever before, at $11 billion.

Buying of united state equities proceeded for the nine successive week, with inflows right into little caps especially swelling to a document high, the financial institution claimed.

(Reporting by Lucy Raitano; Editing by Amanda Cooper)



Source link

- Advertisment -
Google search engine

Must Read