Global equity funds end October strong as investors regain risk appetite

Global funds posted strong records in three weeks following an easing of U. S.-China trade ￰0￱ easing inflation data in the ￰1￱ also pushed the global fund markets to strong ￰2￱ data from LSEG showed that global equity funds recorded a net inflow of $11.03 billion this week, marking the strongest week since the start of ￰3￱ record inflows followed renewed hopes that ￰4￱ Donald Trump would meet with China’s Xi Jinping next week, which could secure new trade ￰5￱ equity funds post $11.03 billion in inflows this week The ￰6￱ rose 3.0% YoY in September, slightly below the projected 3.1%, supporting the hope that the Federal Reserve may reduce interest rates in the upcoming meeting starting Tuesday next ￰7￱ easing inflation data in the ￰8￱ flows into the global equity funds market and risky ￰9￱ covered the CPI release yesterday, noting that the Core CPI, excluding food and energy prices, rose 0.2% month-over-month and 3.0% year-over-year, below the previous forecast of 0.3% and 3.1%, ￰10￱ funds led in global inflows, adding approximately $9.65 billion after two consecutive weeks of ￰11￱ equity funds also recorded $2.81 billion in inflows following regained confidence in the region’s growth ￰12￱ funds, however, posted negative flows, recording $2.25 billion in outflows this ￰13￱ the negative flows in EU funds, local equity indexes, such as the FTSE, recorded new highs yesterday, buoyed by the easing ￰14￱ data released the previous ￰15￱ sector equities led the way in inflows, with $2.92 billion, marking the highest weekly inflow since early ￰16￱ to LSEG , investors poured $886 million into gold and precious metals equity funds and $891 million into the industrial ￰17￱ and precious metals commodity funds posted their ninth straight week of inflows in the global market, totaling $7.16 billion, even as equities ￰18￱ equities, such as the STOXX 600 index, rose by 0.2% to an all-time high of ￰19￱ FTSE 100 also recorded 0.7% growth ￰20￱ STOXX 600 gained over the week, following increased activity in consumer and energy ￰21￱ and financial stocks led the Friday rally, with Lifco surging over 10% after surpassing third-quarter ￰22￱ stock rose by 6.1% following an upward revision of its annual sales ￰23￱ group rose by 5% after brokerages raised price targets, and NatWest gained 4.9% following a higher Q3 profits ￰24￱ Schon, head of investment decision research at SimCorp, stated that the rate expectations in the ￰25￱ impact global financial markets, and European share prices are reacting ￰26￱ funds brace for Fed decision with record bond buying The global bond market also attracted capital inflows, with $17.33 billion posted this week, according to LSEG ￰27￱ marks the 27th week of record ￰28￱ bonds added $3.13 billion, while corporate bond funds added $1.78 ￰29￱ euro-denominated bond funds recorded $3.2 billion in new ￰30￱ Market funds received $13.12 billion in new investments, reversing last week’s $7.02 billion ￰31￱ suggests that while the broad sentiment favors risky assets, investors remain uncertain about upcoming market ￰32￱ a third consecutive week, bond funds attracted $1.2 billion in emerging ￰33￱ comparison, equity funds saw $440 million in ￰34￱ means there is a consistent caution among investors facing volatility in developing economies and currency ￰35￱ await next week’s Federal Reserve policy meeting, where a 25-basis-point rate cut is widely ￰36￱ of Friday, the CME FedWatch Tool showed a 96.7% probability of a rate ￰37￱ you're reading this, you’re already ￰38￱ there with our newsletter .