Investing.com – U.S. Treasury International Capital declined significantly in December, as foreign residents decreased their holdings of long-term U.S. securities, official data showed on Wednesday.
In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities totaled USD17.9 billion in December, down from purchases of USD61.3 billion in December, whose figure was revised up from a previously reported USD59.8 billion.
Analysts had expected Treasury International Capital purchases to climb to USD62.3 billion in December.
Foreign residents decreased their holdings of long-term U.S. securities in December, selling nearly USD21.0 billion in securities. Net sales by private foreign investors were USD11.5 billion, and net sales by foreign official institutions were USD9.5 billion.
At the same time, U.S. residents decreased their holdings of long-term foreign securities, with net sales of USD38.9 billion.
According to the data, Japan’s purchases totaled USD3.5 billion, significantly lower than the USD59.9 billion in the preceding month.
The U.K. sold USD11.1 billion of U.S. Treasuries, after purchases of USD18.2 billion in November.
China offloaded USD31.9 billion in U.S. Treasuries in December, after selling USD1.5 billion in the preceding month.
Following the release of the data, the U.S. dollar remained higher against the euro, with EUR/USD shedding 0.22% to trade at 1.3105.
Meanwhile, U.S. stock index futures pointed to an upbeat open. The Dow Jones Industrial Average futures pointed to a gain of 0.25%, S&P 500 futures rose 0.45%, while the Nasdaq 100 futures indicated a gain of 0.55%.
In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities totaled USD17.9 billion in December, down from purchases of USD61.3 billion in December, whose figure was revised up from a previously reported USD59.8 billion.
Analysts had expected Treasury International Capital purchases to climb to USD62.3 billion in December.
Foreign residents decreased their holdings of long-term U.S. securities in December, selling nearly USD21.0 billion in securities. Net sales by private foreign investors were USD11.5 billion, and net sales by foreign official institutions were USD9.5 billion.
At the same time, U.S. residents decreased their holdings of long-term foreign securities, with net sales of USD38.9 billion.
According to the data, Japan’s purchases totaled USD3.5 billion, significantly lower than the USD59.9 billion in the preceding month.
The U.K. sold USD11.1 billion of U.S. Treasuries, after purchases of USD18.2 billion in November.
China offloaded USD31.9 billion in U.S. Treasuries in December, after selling USD1.5 billion in the preceding month.
Following the release of the data, the U.S. dollar remained higher against the euro, with EUR/USD shedding 0.22% to trade at 1.3105.
Meanwhile, U.S. stock index futures pointed to an upbeat open. The Dow Jones Industrial Average futures pointed to a gain of 0.25%, S&P 500 futures rose 0.45%, while the Nasdaq 100 futures indicated a gain of 0.55%.