ETF Money Flows Into Australia Surged to Record Last Week: Chart

U.S. listed exchange-traded funds poured a record $250 million into Australia last week. The rebound in commodities prices since early this year, coupled with easy monetary policy, may be attracting traders and investors to the mining-rich nation. Year to date, inflows into Australia ETFs totalled $1.4 billion, compared to outflows of $5.6 billion from Japan and $1.2 billion from China.

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