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المشهد العربي
Funds bolster liquidity ahead of Fed clues
The annual "Bank of America" survey indicated a decline in investors' appetite for high-risk assets during June, with cash holdings rising to 4.1%. Fund managers are also reducing their positions in global equities, particularly in the technology sector, amid expectations of the Federal Reserve tightening its policy and its potential impact on global markets, which are closely watching the upcoming U.S. central bank meeting led by Kevin Warch.
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