News Snapshot:
The funds data tracked by BofA showed that $US25.3 billion flowed into global stocks in the week through September 13, the most since March 2022; $US26.4 billion flowed into US equities alone. Mr Hartnett said it was a sign that “confidence in a soft landing” was rising. ASX futures were down 33 points or 0.5% to 7258 near 5.30am AEST. The local currency edged lower; the Bloomberg dollar spot index was little changed. On bitstamp.net, bitcoin was 0.9 per cent lower to $US26,424 at 5.44am AEST. The yield on the US 10-year note rose 4 basis points to 4.32 per...
