Futures tracking Canada’s main stock index were muted on Friday as investors remained cautious ahead of domestic economic growth data and key U.S. inflation numbers.
Investors moved $508 billion into cash in the first three months of this year, the largest quarterly inflow since market turmoil early in the COVID-19 pandemic, according to BofA Global Research, as the failure of several banks sent markets spinning.
Norway’s $1.3 trillion wealth fund, one of the world’s largest investors, should assess whether to begin investing in unlisted equities, the finance ministry said on Friday, which would be a brand new asset class for the fund.
Money continued to flow into safer U.S. money market funds for a third consecutive week as investors remained unsettled about the banking sector crisis, with slowdown worries also affecting the sentiment.
Amazon workers AMZN.O at a warehouse in Coventry, central England are to hold six more days of strikes in April in a dispute over pay, a statement from the GMB trade union said on Friday.
A flurry of top financial executives have visited China for the first time since the COVID-19 pandemic as global financial giants seek to cement their relations with Beijing at the start of President Xi Jinping’s new term.
