Data by BofA Global Research announced on January 20, showed that investors poured a record amount of capital of 12.7 billion USD into bond funds and securities investment funds in foreign markets. new market floating for a week to January 18, following China eased travel restrictions to control the epidemic.
China’s sudden policy change has boosted prices of a wide range of assets, from commodities and mining stocks to currencies and stock markets in popular tourist destinations.
The Hang Seng Index of the Hong Kong stock market closed the session on January 20 at a record high of more than 6 months.
[Quỹ đầu tư nước ngoài lớn nhất thế giới mất 90% giá trị tài sản ở Nga]
BofA data also shows that investment in bond funds is $ 14.4 billion, stocks $ 7.5 billion, cash $ 0.6 billion and gold $ 0.6 billion.
European stocks saw capital inflows on a weekly basis for the first time in nearly a year. BofA said $0.2 billion of investment capital was poured into European equity funds, the first time in 49 weeks.
Europe benefits from both China is open as well as the recent drop in gas prices. However, markets still face some major challenges, as central banks near the end of the rate hike cycle as well as the possibility that the economy lowering the hard edge and political tension in the US over the public debt ceiling.
Le Minh (VNA/Vietnam+)
