Global equity funds attracted capital inflows for an eighth consecutive week through July 15, extending a sustained period of investor confidence in risk assets.
The latest data underscores a persistent appetite for equities, fueled by a robust start to the corporate earnings season and recent U.S. inflation readings that have tempered expectations for aggressive monetary tightening.
This marks a continuation of the trend observed in the week ending July 1, where investors seized on a market pullback to increase exposure, particularly to technology stocks.
The inflows reflect a broadening wave of optimism that is reaching beyond the technology sector, as Wall Street’s second-quarter earnings season delivers a surge in corporate profitability.
Investors appear to be betting that the sector’s earnings momentum will sustain market gains, even as macroeconomic uncertainties linger.
The consistent capital deployment suggests that market participants are increasingly comfortable with current valuations, viewing the recent market stability as a foundation for further growth.
This development aligns with the broader narrative of risk-on sentiment that has characterized recent trading sessions.