Asian stocks draw robust foreign inflows on US rate outlook, tech rally
==========

Foreign investors bought a net $7.16 billion worth of Asian equities in June, following two months of selling. The influx of foreign funds was driven by easing U.S. price pressures, which raised hopes of interest rate cuts by the Federal Reserve. The surge in global AI-linked firms also enhanced demand for tech and semiconductor exports from Asia. South Korea and Taiwan, major beneficiaries of AI investments, saw foreign purchases in equity markets worth $3.83 billion and $1.94 billion, respectively. Indian markets attracted $3.19 billion in foreign funds, while stock markets in Thailand, Vietnam, the Philippines, and Indonesia faced net outflows.

#AsianStocks #ForeignInflows #UsRateOutlook #TechRally

https://www.investing.com/news/economy-news/asian-stocks-draw-robust-foreign-inflows-on-us-rate-outlook-tech-rally-3508247