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Reading: Money attracts largest weekly influx since March 2023, BofA says By Reuters
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Money attracts largest weekly influx since March 2023, BofA says By Reuters
The Tycoon Herald > Business > Money attracts largest weekly influx since March 2023, BofA says By Reuters
Business

Money attracts largest weekly influx since March 2023, BofA says By Reuters

Tycoon Herald
By Tycoon Herald 1 Min Read Published December 6, 2024
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LONDON (Reuters) – Traders ploughed $136.4 billion into money within the week to Wednesday, the largest weekly influx since March 2023, when markets have been rattled by a regional banking disaster, in keeping with a report from Financial institution of America on Friday.

Additionally they snapped up $8.2 billion of shares and $4.9 billion of bonds, however bought $0.4 billion of gold, Financial institution of America mentioned, citing information from EPFR.

Money attracts largest weekly influx since March 2023, BofA says By Reuters

Crypto acquired a $3 billion injection, and clocked its largest four-week influx ever, at $11 billion.

Shopping for of U.S. equities continued for the ninth consecutive week, with inflows into small caps particularly ballooning to a file excessive, the financial institution mentioned.

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