Global equity funds witnessed sharp inflows in the week through February 26, spurred by sustained expectations of rate cuts later this year, which were bolstered by weaker economic data reported during the week.
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U.S. stocks closed with mixed results amid new tariff threats, while a draft minerals deal boosted European markets. Nvidia's strong earnings contributed to gains, but investor skepticism grew over AI investments.
At the end of the week, we get the latest core PCE reading at a delicate time for the US economy, with economic data surprising on the downside and consumer confidence slumping. Later this morning we get BP’s strategic review,
Crypto AI tokens’ aggregate valuation rose $660 million on Thursday as investors reacted to NVIDIA’s Q4 earnings report. Market data show investors prioritized three low-cap tokens during the rally, while large-cap AI projects like ICP, Near Protocol and Render moved sideways.