Japan pulled $20.8B last week after dumping $127B over three months. The reversal marked the sharpest turnaround among major geographies. Flow imbalance spiked to 82.3% showing heavy buying pressure. US flows stayed dominant at $43.9B weekly maintaining 56.7% imbalance.
Emerging markets bled $1.3B last week reversing course completely. The group had grabbed $45.2B over three months showing strong sustained inflows. India alone shed $657M weekly while China lost $340M. South Korea absorbed $465M in weekly outflows despite posting $28B in 3-month gains.
Taiwan jumped to $1.7B weekly inflows with 86.2% flow imbalance. Hong Kong added $1.9B showing 68% buying pressure. Developed markets ex-US climbed to $2.3B with 81.4% imbalance. Canada held steady at $1.5B weekly showing consistent North American demand.
Developed Europe bled $337M last week despite banking $22.5B over three months. Germany lost $267M while UK posted modest $293M weekly gains. Switzerland bucked the trend adding $449M with 92.4% flow imbalance.
Industrials led 3-month flows at $23.3B but shed $291M last week. The reversal signaled near-term rotation pressure. Energy grabbed $964M weekly extending $16.6B quarterly gains. Materials crashed losing $3B weekly despite $13.7B three-month inflows.
Tech absorbed the biggest hit bleeding $4.1B weekly and $7.4B quarterly. The sector faced sustained selling with 42.3% flow imbalance last week. Healthcare lost $1.3B weekly while financials shed $217M. Consumer discretionary bucked weakness adding $168M.
Equities dominated pulling $24.5B weekly and $477B quarterly. Fixed income climbed to $9.8B weekly with 61.7% flow imbalance extending $228B three-month gains. Commodities crashed losing $9.6B weekly reversing from flat quarterly performance.
Vanilla strategies commanded $65.1B weekly and $257B quarterly flows. Active grabbed $8.7B last week with 78.4% imbalance extending $134B three-month gains. ESG bled $1.5B weekly despite posting $2B quarterly showing recent rejection of the strategy.
Defensive rotation accelerated with commodity exodus and tech pressure dominating near-term positioning.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
