Following the Bank of Japan’s decision to increase interest rates, the dollar saw a rise against the yen. Some policymakers expressed skepticism regarding further hikes, while Japanese officials monitored exchange rates, hinting at possible intervention. Additionally, the US Federal Reserve’s assertive approach contributed to the dollar’s strength, with energy prices and Fed communications attracting significant market attention.
Equity MF inflows slide 14%; large & midcaps gain traction
Inflows into equity mutual fund schemes fell by 14% in October, reflecting a trend of reduced investor allocations. Although smallcap funds saw decreasing inflows, large