Global money market funds drew inflows for a fifth straight week in the seven days to May 24 as investors resorted to buying safer assets on caution with time running out for talks over raising the U.S. debt ceiling.
According to Refinitiv Lipper data, global money market funds received about $17.67 billion worth of inflows, the biggest amount in three weeks.U.S. money market funds received $39.89 billion worth of inflows but investors sold European and Asian funds of $15.76 billion and about $30 million, respectively.
Meanwhile, global equity funds faced $4.14 billion worth of net selling, the sixth weekly outflow in a row.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
ENHYPEN achieves their highest peak yet on the global Spotify chart with 'Bite Me' | allkpopENHYPEN's latest title track has soared to new heights on Spotify!With over 2.1 million streams on the site, 'Bite Me,' the title song fr…
Leer más »
Anglo-Moroccan firm targets global growth with electric SUV | AutocarAnglo-Morrocan Atlas E-Mobility has announced plans to develop its first electric SUV by 2026, rivalling the Tesla Model Y ⚡
Leer más »
Tributes for Tina Turner, the global music superstar, after her death at 83From Rolling Stones lead singer Mick Jagger to NBA legend Magic Johnson, many paid tribute to music superstar Tina Turner following her death on Wednesday.
Leer más »
China's Lenovo shrugs off concerns that global PC market is shrinkingGlobal personal computer demand continued to slump and revenues fell for a third consecutive quarter but China's PC maker Lenovo is not worried.
Leer más »
Global Cost of Cancer at $25 Trillion; How to Reduce This?Researchers estimate the global economic cost of the most common cancers at more than $25.2 trillion between 2020 and 2050, and call for action to reduce this.
Leer más »
Regal Cinemas Owner Cineworld Restructuring Backed by Majority of Lenders – Global BulletinRESTRUCTURING Multinational cinema operator Cineworld’s proposed restructuring now has the backing of most of its lenders, the company said on Thursday. The restructuring, which was anno…
Leer más »