Global Investors Pull Money From European Stocks, Says UBSMark Melin
Global investors have been selling in the Eurozone, notes UBS, as it wonders how far through the correction process markets have traveled.
The Swiss-based investment bank noted that not only are UBS client flows shedding European stocks, but also U.S. Treasury data reveals U.S. based investors unloaded $14.3 billion in June, which was the biggest month of selling since June, according to the bank's latest prime brokerage report.
exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible