Asian bonds recorded a second straight month of foreign inflows in July bolstered by a hunt for higher yields and signs of recovery in the regional economies.
Foreign investors were net buyers of Asian shares for a second straight month, helped by a recovery in regional economic activity and a surge in demand for technology shares.
U.S. companies' profit growth forecasts for the next five years are still intact, according to Refinitiv data, suggesting that the impact inflicted on companies by the coronavirus pandemic is likely to be more fleeting than that in previous crises.
U.S. passive equity funds have started to witness inflows after a two-month hiatus as investors flock to rising equity markets, but prefer shadowing indexes to picking stocks.
Foreign investors turned net buyers of Asian shares in June for the first time in five months, as easing coronavirus restrictions and a surge in global liquidity helped by stimulus measures by major central banks bolstered risk appetite.
BENGALURU Big and mid-cap firms globally are expected to slash capital spending by an average 12% this year as they reel from the fallout of lockdowns and other measures imposed to rein in the coronavirus pandemic, analysts' estimates show.
As world stock markets end a turbulent six months near record highs, investors appear to be betting heavily that economies will recover quickly from the coronavirus crisis, fuelled by zero interest rates and abundant monetary and fiscal stimulus.
MUMBAI Heightened uncertainty in India caused by the coronavirus pandemic has led to a surge in currency in circulation as people hoard cash or park money in accessible deposits to safeguard themselves against salary cuts or job losses.