Global equity funds experienced net inflows of $11.03 billion this week, spurred by easing U.S. inflation and positive sentiment regarding U.S.-China trade relations. This marks the highest inflow since early October, significantly boosting risk assets such as Bitcoin. U.S. equity funds led the surge with $9.65 billion in inflows, reversing recent outflows, while Asian funds attracted $2.81 billion.
The technology sector saw $2.92 billion in inflows, the highest since early October, reflecting strong investor interest. Additionally, gold funds have accumulated $7.16 billion over the past nine weeks. The U.S. Consumer Price Index (CPI) rose 3.0% year-over-year in September, coming in below expectations and raising hopes for a potential Federal Reserve rate cut.
Global Equity Funds Attract $11.03 Billion Amid Inflation Easing
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