Strong UK inflows, massive Japanese outflows – DB

FXStreet (Barcelona) - Strategists at Deutsche Bank share the Cross-border M&A flow data.

Key Quotes

“The US has seen net outflows of USD 6 bn YTD, compared to USD 20bn inflows last year. On a three-month basis, outflows were USD 7 bn.”

“The UK is the largest beneficiary of capital flows; during the last three months, it has attracted net inflows of USD 33 bn, and YTD inflows now stand at USD 35bn. This is against USD 15bn outflows during the last year.”

“Massive Japanese outflows continue with USD 35bn moving out of the country in the last three months; YTD outflows are close to last year’s outflows of USD 38 bn.”

“The Euro area saw outflows of USD 7 bn YTD, while the region was a net beneficiary of flows to the tune of USD 17bn last year.”

“Australia continues to attract capital with inflows at USD 9bn on a three-month basis. The country was a net beneficiary of inflows of USD 20 bn last year.”

“Swiss inflows are healthy YTD at USD 11 bn, as against USD16 bn outflows last year.”

“Outflows from Canada continue with YTD levels almost touching prior-year outflows of USD 22 bn.”