Financial markets witnessed significant buying activity this week as traders seized opportunities created by falling asset prices, despite ongoing Middle East conflicts creating market uncertainty, Bank of America Global Research reported Friday.
According to data from EPFR cited by the bank, market participants directed $62.2 billion toward equities, allocated $23.5 billion to cash positions, committed $10.2 billion to bond investments, and placed $1.0 billion in cryptocurrency. Meanwhile, investors withdrew $4.5 billion from gold holdings.
Gold investment vehicles experienced their most significant weekly exodus since October, while energy sector funds continued their remarkable streak with a 17th consecutive week of capital inflows, adding another $1.1 billion as oil and natural gas prices climbed higher.
American stock funds attracted $47.1 billion, marking the largest single-week influx since December. However, high-yield bond funds faced substantial withdrawals of $5.2 billion, representing the biggest outflow since April 2025.
Emerging market investments struggled across both categories, with debt funds losing $3.3 billion and equity funds seeing $4.8 billion in withdrawals during the same period.
