By Reuters Staff
2 Min Read
June 10 (Reuters) - Foreign investors turned net sellers of Japanese shares in the week to June 4, on caution as investors awaited key U.S. economic reports that could intensify worries over inflation and an early tapering from the Federal Reserve.
Foreigners sold a net 128.58 billion yen ($1.17 billion) worth of Japanese stocks last week, compared with a net 552.52 billion worth of purchases in the previous week, data from Japanese exchanges showed.
They sold derivatives worth a net 189.14 billion yen but purchased 181.7 billion yen in cash equities markets last week.
Meanwhile, cross-border investors bought a net $1.89 trillion yen worth of Japanese bonds, finance ministry data showed.
By Reuters Staff
(Adds details)
ROME, June 9 (Reuters) - Foreign investors bought 85.4% of a new 10-year BTP bond issued by Italy, the Treasury said on Wednesday.
Rome sold 10 billion euros ($12.18 billion) of the note on Tuesday through a syndicated deal, attracting orders for almost 68 billion euros.
More than 330 investors took part in the transaction, it said in a statement. They came from about 35 different countries.
Among foreign investors, the most relevant share of the issuance, equal to 80%, was allotted to European investors, in particular to the UK (43.1%). The residual share of the issue, equal to 5.4%, was subscribed by investors from outside Europe, in particular from North America (2.3%) and Asia (3.1%).
Global money market funds attracted heavy investment flows in the week to June 2, as investors were cautious about the likelihood of global central banks tapering their monetary stimulus policies amid a rise in inflation levels.
Money market funds and equities saw almost similar inflows, BofA's latest fund flow statistics showed on Friday, in a puzzling investment trend amid rising concerns over a dialling back of stimulus by central banks.
Foreign investors turned net buyers of Japanese shares for the first time in three weeks, for the week to May 28, as a pickup in domestic vaccinations boosted hopes of faster economic normalcy.