Cash attracts most important as soon as per week influx contemplating that March 2023, BofA claims

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    LONDON (Reuters) – Investors tilled $136.4 billion proper into cash within the week to Wednesday, probably the most important as soon as per week influx contemplating that March 2023, when markets have been rattled by a neighborhood monetary state of affairs, in keeping with a file from Bank of America on Friday.

    They likewise bought $8.2 billion of provides and $4.9 billion of bonds, nonetheless marketed $0.4 billion of gold, Bank of America claimed, mentioning info from EPFR.

    Crypto obtained a $3 billion shot, and clocked its greatest four-week influx ever earlier than, at $11 billion.

    Buying of united state equities proceeded for the 9 successive week, with inflows proper into little caps particularly swelling to a doc excessive, the monetary establishment claimed.

    (Reporting by Lucy Raitano; Editing by Amanda Cooper)



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