BofA Flow Show:

Newsquawk Staff · 17 Apr 2026, 07:23 UTC

Record cash outflow linked to 'risk-on' sentiment, but also tax-related.
EM stocks see USD 10.5bln outflow, largest in 11 weeks; Korea posts record outflow of USD 2.5bln.
European stocks see USD 4.7bln outflow, largest since November 2024.
Investors pull record USD 172.2bln from cash in latest week.
Stocks post USD 11.3bln inflow, driven by USD 17.4bln inflow to US equities.

What it means

The latest flow data highlights significant shifts in investor sentiment, with record cash outflows indicating a strong 'risk-on' appetite despite tax-related withdrawals. Notably, emerging markets and European equities experienced substantial outflows, while US equities attracted notable inflows. This suggests a potential reallocation towards risk assets that could have implications for future market volatility and equity valuations.

What our latest note said

US Market Open, 13 Nov, 10:48 UTC · what it led with

European bourses were initially subdued but now flat/firmer; NVIDIA +2.2% pre-market, finding some reprieve after recent selling pressure.
DXY flat into US PPI, USD/JPY subject to volatile activity as jawboning picks up.

Read the whole note Free to read.

Newsquawk Daily

Get the next one free, by email.

What moved overnight, where stocks, bonds, currencies and oil stand, and what’s due today. Written by our analysts.

Both market-open notes, EU and US, every weekday. No account needed. Unsubscribe any time.

If you trade

This headline was on the Newsquawk live feed at 07:03 UTC.

Use the Platform opens our news terminal in your browser, with the live headline feed. It’s news, not a broker.

Use the Platform

Free. No signup, no card.

Case studies

Headlines that moved markets

FX headlines from our feed, and what the market did next.

Iranian President Pezeshkian says the Supreme Leader has granted the government some authority on dialogue, ISNA reports.
EUR/USD+0.1%
ECB policymakers see a December rate hike followed by a pause; New ECB staff estimates show the rise in bond yields cutting growth by a cumulative 100bps and inflation by 90bps in 2027-28 vs the September baseline, according to reports, citing sources.
EUR/USD−0.1%
ECB President Lagarde (Q&A) says policymakers believe they are in a good position to wait for incoming information. The situation they are in could have warranted a hike.
EUR/USD+0.1%

See all 231

More on this story

Make Newsquawk a preferred source on GoogleSelect this to see Newsquawk more often in Top Stories when you search Google.

What it means

More on this story

Related headlines