Bank of America Survey: Institutional Investors' Emerging Market Stock Holdings Hit Highest Level Since February 2021

Gate News, March 18 — Market analyst Jared Blikre stated that the March Global Fund Manager Survey released by U.S. banks on Tuesday (March 17) shows that large institutional investors’ holdings in emerging market stocks have reached their highest level since February 2021. Their holdings in commodities have also hit a new high since April 2022, while their holdings in the US dollar are below average. This makes the US dollar the focal point of the Federal Reserve’s decision this time. The analyst pointed out that Powell does not need to influence market trends by adjusting interest rates. If Powell’s remarks appear hawkish and the dollar index rises above 100, it could put pressure on investors who have heavily invested overseas. Conversely, if Powell’s tone is more dovish, this pressure will ease, and emerging market stocks and commodities will have more room to grow. The key level to watch for the dollar index is 100; once it breaks above this level, pressure will increase. If it is pushed back again, global risk trades will continue.

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