Categories: Economy

Buyers ‘make Europe nice once more’ with large inventory allocation, BofA says


MILAN (Reuters) – European shares noticed their second largest allocation in 1 / 4 of a century in January, as lagging danger property performed catch up, based on a survey of traders from BofA International Analysis printed on Tuesday.

In a report titled “Make Europe Nice Once more”, BofA stated asset allocation remained risk-on, with traders bullish in direction of the U.S. greenback and shares, however bearish in direction of all the things else.

Buyers had been probably the most underweight on bonds since October 2022, whereas money ranges ran low at 3.9%, stated the survey of 182 individuals with $513 billion of asset underneath administration.

A disorderly rise in bond yields was seen as probably the most bearish growth for 2025, BofA stated.

admin

Recent Posts

A shopper knowledgeable’s information to interesting towards non-public parking ‘fines’

Following experiences that Britons are going through extortionate calls for as a consequence of defective…

26 minutes ago

Fed officers argue for endurance whereas gauging tariff affect

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve officers talking in tv interviews on…

31 minutes ago

Pimco and KKR amongst suitors for £1.7bn John Lewis card supplier NewDay

John Lewis's bank card accomplice has acquired expressions of curiosity in a takeover of elements…

36 minutes ago

Nandy to log out appointment of Kogan as high soccer referee

Lisa Nandy, the tradition secretary, is to log out the appointment of a chair of…

46 minutes ago

Nandy to log off appointment of Kogan as prime soccer referee

Lisa Nandy, the tradition secretary, is to log off the appointment of a chair of…

46 minutes ago

Rising economies face longer interval of tighter financing, South African central banker says

By Karin Strohecker and David Lawder WASHINGTON (Reuters) -Rising economies should grapple with tighter international…

51 minutes ago