Traders invested $6.5 billion into US technology sector funds in just one week, contributing to a total of approximately $25 billion in equity fund inflows. Bullish sentiment is at a record high, with 54% of financial assets allocated to US stocks, nearly double the levels seen in 2008. As market volatility rises amid trade tensions, particularly with China, demand for gold and Bitcoin ETFs is also increasing, signaling a highly tradable market ahead.
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0 posts last weekJapanese Yen Hits 30-Year Low Against US Dollar Amid Economic Concerns
The Japanese yen hit a three-decade low against the US dollar, prompting emergency intervention from Japan’s financial authorities. The Bank of Japan’s move to prop up the currency follows concerns over deficit spending and the impact of the Federal Reserve’s upcoming decisions on interest rates. The volatility in the currency market reflects broader economic uncertainties and potential implications for global financial stability.
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