NEW YORK (Reuters) – U.S. fund investors are shifting from stocks to bonds and piled into debt markets for any 11th straight week, Investment Company Institute (ICI) data showed on Wednesday.
Investors have already been getting in bonds less responsive to rising rates in recent weeks. They have got sought to shore up portfolios against higher market volatility while profiting from yields plumped up by U.S. Fed rate hikes.
A sharp decline in bond prices during April abated as being the month drew into a close. Yields on benchmark 2-year Treasuries are near 2.53 percent, up from 2.28 percent at the beginning of the April. Bond prices fall since their yields rise.
U.S.-based bond mutual funds and exchange-traded funds (ETFs) took in $3.5 billion over the one week through May 2, in accordance with the trade group. U.S. fund investors pulled $2.5 billion from stocks.
Short-term corporate bond funds tracked by Thomson Reuters' Lipper research unit attracted $3.3 billion in April, essentially the most at the moment as well as a 22nd straight month having cash.
Commodities funds have already been cannot claim their place for a safe-haven alternative besides an uptick in market volatility forever of the year and geopolitical concerns within the U.S. clashing with Iran. U.S. President Donald Trump on Tuesday pulled the usa outside of a major international nuclear contend with that country.
Investors pulled $82 million from commodity funds, just like those that invest directly in gold, through the latest week, marking the earliest net withdrawals in five weeks.
The strength in the U.S. dollar has hobbled the investments, making the metal higher end buyers using other currencies.
The following table shows estimated ICI flows for mutual funds and ETFs (all figures in million of dollars):
5/2 4/25 4/18 4/11 4/4/2018
Equity -2,459 -879 -251 5,213 -4,501
Domestic -2,992 -3,777 -2,377 3,775 -6,018
World 533 2,898 2,126 1,437 1,517
Hybrid -887 -633 -1,090 -1,101 -932
Bond 3,471 2,242 8,492 6,470 2,943
Taxable 3,634 2,338 9,321 7,166 3,053
Municipal -163 -96 -830 -696 -110
Commodity -82 508 167 1,120 547
Total 43 1,237 7,317 11,702 -1,944
Quantity of Hired Employees Exceeded Quantity of Self-Employed People Recently
In line with Mikabadze, that the amount of employed workers exceeded the sheer numbers of self-employed people and share with the overall quantity of employment equaled to 50,8%, ?indicates the increase in the amount of jobs generated from the productive sectors of economy.
\”The lessing of the unemployment rate has resulted in stable economic indicators which were observed within the recent times in Georgia in line the decreased rate of economic increase this particular region. It is crucial that the unemployment rate has reached the lowest mark within the last Many years. Unemployment is decreased both among women and men,\” C Ekaterine Mikabadze said.
According towards Deputy Minister, the unemployment rate among men has decreased by 1,1% totaling to 13,9%, while among women the cell number was decreased by 1,5% and equaled to 11,2. Normally, the number of unemployed in 2018 was decreased by 30,7 thousand people plus the range of employees amounted to ?245,7 thousand person.
According to Ekaterine Mikabadze, the amount of employees in 2018 decreased by 12,4 thousand and 1694,2 thousand. \”A small decline in how many employed people as a result of a decrease in how many self-employed people, and also the quantity of employed workers significantly was increased by 35,9 thousand and amounted to 860,2 thousand people. How many self-employed people was decreased by 48,2 thousand and equaled to 833,4 thousand persons,\” C the Deputy Minister noted.
Competition on Borjomi Park concept Announced
Based on the official documentation, the concept includes: long-term vision with the development of Borjomi Central (historical) park, upkeep of historical-cultural function – development; Expansion of park’s perspectives; Growth and development of recreational function; Upkeep of the diversity of flora, if needed, add new species; Landscape design visions; Arrangement of paths, attractions and logistics.
Competition involves 2 stages. Applications is going to be completed on March 15. Inside first stage, the jury will select the best projects. Next the 3 winners shall be revealed by their involvement and public participation. Your second stage will end on April 5.
“Anybody or group playing competition may present the repair in?Borjomi municipality.
237.5 So many Georgian Citizens are Unemployed
In 2018 the annual unemployment rate decreased by 1.2 percentage points compared to 2017 and amounted to 12.7 percent.
It must be noted how the downtrend inside the unemployment rate is maintained in the last nine years, furthermore in 2018 unemployment rate reached the minimum level over the past 15?years.
In IV quarter 2018 economically active population constituted 63.6 percent from the working age population (population aged 15 and older). In comparison to the previous quarter, the efficient?activity rate and employment rate decreased by 0.7 percentage points. The employment rate in?urban settlements decreased by 0.2 percentage points compared to the previous quarter plus?rural settlements – 1.3 percentage points. As compared to the previous quarter the commercial activity?rate in rural settlements decreased by 1.6 percentage points, when it\’s in urban settlements remained?unchanged.
Traditionally, the unemployment minute rates are higher for males than women. In IV quarter 2018 the indicator was 2.6 percentage points higher for men when compared to the corresponding indicator for girls.
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