US-Sino trade war boost fund flows to 'Treasury Island'
Updated : April 06, 2018 09:09 PM IST
A weekly data compilation by Bank of America Merrill Lynch (BAML) showed the third straight week of equity outflows, with redemptions of $7.2 billion.
Emerging markets still enjoyed inflows into debt and equity funds of $5.4 billion, with cumulative emerging market inflows now at an all-time high of $363 billion.
For the dollar index to break decisively above 91, wages needed to surge or average hourly earnings to rise than 0.4%.
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