Free Trial

A quick recap of the Bank of America....>

MARKET TALK
MARKET TALK: A quick recap of the Bank of America Flow Show, released Friday
(citing EPFR data):
- Highlights on the weekly flow front: "$9.3bn into bonds, $4.8bn into equities,
$1.8bn into gold, huge $77.9bn out of cash = 2nd largest ever (coincides with
July 15th tax deadline)."
- "Gold, credit, tech continue to monopolize YTD client buying; gold inflows 16
of past 17 weeks, another week with big inflows across IG/HY/EM bonds ($11.4bn),
record 2-week inflow to tech funds."
- "Bull & Bear Indicator up from 2.9 to 3.0; cross-asset sentiment moving away
from "extreme bearishness" of March-June."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.