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Capital Wars · Jul 21, 2026

Global Liquidity Watch: Weekly Update

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Liquidity Fading Not Crashing

Global liquidity is still high at US$193.9tn with support coming from renewed Chinese liquidity injections and still low bond volatility, but the pace of growth is fading and signs of a plateau are emerging. Investor risk appetite remains positive but is cooling, particularly across Emerging Markets and Asia

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