Amundi ETF Market Strategy-Weekly Pulse
May 17, 2024--Risk assets extended gains and hovered near record highs. A further deceleration in inflation revived hopes that both the US Federal Reserve and the European Central Bank (ECB) are heading closer to a pivot in monetary policy.
Treasuries rallied across the board and the US dollar weakened. Flows were primarily directed into government
bond exposures and high yield debt.
ETF buying nearly halves in April as US rate cut hopes recede
May 9, 2024--Aversion to risk spurs sharp fall to equity ETFs while government bond ETF flows tick up
Investors pulled in their horns in April as diminishing prospects for near-term US interest rate cuts drove a broad aversion to risk, global data on exchange traded fund flows indicate.