Over the past two weeks, Bank of America clients have recorded record sales of shares of large companies, which has become one of the largest movements since 2008. Last week's net capital outflow amounted to $5.7 billion, which is the second week in a row with a figure of more than $5 billion. At the same time, exchange-traded equity investment funds (ETFs) raised $1 billion.According to analysts, the stock sales in two weeks were the third largest since 2008, mainly due to large companies. Shar... Read More
China’s service sector rose at the quickest pace in July quarter due to pick-up in demand according ... Read More
Household spending rose in August at the fastest annual rate in three years due to higher... Read More
The US services sector grew to a 21-year high in September, supporting employment of most companies... Read More
German services growth reached an 8-month high in September based on the survey on Wednesday which... Read More
The central bank of Australia has been going steady for the 26 consecutive months on Tuesday,... Read More
The manufacturing activity of Japan grew steadily in September based on the revised survey on... Read More