Global equity funds received $21 billion in the past week—their ninth-biggest inflow ever—as investors embraced the 'Trump trade', while money flowed out of bonds for seventh week in a row, Bank of America Merrill Lynch said on Friday.
Bayer and Monsanto announced that they signed a definitive merger agreement under which Bayer will acquire Monsanto for $128 per share in an all-cash transaction.
Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January.
