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Market Impact: 0.15

VEU, PDD, ITUB, INFY: Large Inflows Detected at ETF

Market Technicals & FlowsInvestor Sentiment & Positioning

Approximately $1.1 billion flowed into the Vanguard FTSE All-World ex-US ETF (VEU), a 1.9% week-over-week increase in shares outstanding as detected by ETF Channel. This is a notable ETF-level inflow signaling modest demand for ex-US passive equity exposure but is unlikely to move broader markets on its own.

Analysis

Approximately $1.1 billion flowed into the Vanguard FTSE All-World ex-US ETF (VEU), a 1.9% week-over-week increase in shares outstanding as detected by ETF Channel. This is a notable ETF-level inflow signaling modest demand for ex-US passive equity exposure but is unlikely to move broader markets on its own.

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