LONDON (Reuters) – Traders have added to their international fairness holdings for the primary time in 2-1/2 months and continued to pile into bonds, Financial institution of America Merrill Lynch stated on Friday, as worries concerning the U.S.-China commerce spat despatched shudders by way of monetary markets.
The online influx into equities totaled $900 million within the week to Wednesday, the primary in 10 weeks, the financial institution stated, citing EPFR knowledge. That’s eclipsed by the $135 billion that has left shares 12 months up to now.
Some $3.9 billion left rising market equities, the most important since June final 12 months.
International equities, which rallied 15% till U.S. President Donald Trump upped the ante in…