Global equity funds draw massive inflows as rate worries ease
<p>Global equity funds draw massive inflows as rate worries ease</p><p><a href="https://piqsuite.com/reuters/global-equity-funds-draw-massive-inflows-as-rate-worries-ease" target="_blank" rel="nofollow">FULL STORY</a></p><p>Global equity funds saw a significant uptick in demand in the week through Nov. 8 as investor sentiment improved following the decision of major central banks to keep policy rates unchanged. </p><p>A shift in rate hike expectations and a report from the U.S. Labor Department indicating a slowdown in job growth in October further eased treasury yields, loosening financial conditions. </p><p>Investors poured a net $5.63 billion into global equity funds during the week, registering their biggest weekly net purchase since Sept. 13.</p>
This article was written by Ryan Paisey at www.forexlive.com.
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