Investing.com – U.S. Treasury International Capital purchases fell unexpectedly in January, official data showed on Tuesday.
In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities fell to USD51.5 billion in January, after declining to USD62.5 billion in December, whose figure was revised down from USD65.9 billion..
Analysts had expected purchases of long-term securities to increase to USD72.3 billion in January.
Following the release of the data the U.S. dollar was up against the euro, with EUR/USD slumping 0.72% to hit 1.3891.
Meanwhile, U.S. futures indexes pointed to a sharply lower open: the Dow Jones Industrial Average futures indicated a decline of 1.92%, S&P 500 futures pointed to a drop of 2.33%, while the Nasdaq 100 futures pointed to a loss of 2.56%.
In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities fell to USD51.5 billion in January, after declining to USD62.5 billion in December, whose figure was revised down from USD65.9 billion..
Analysts had expected purchases of long-term securities to increase to USD72.3 billion in January.
Following the release of the data the U.S. dollar was up against the euro, with EUR/USD slumping 0.72% to hit 1.3891.
Meanwhile, U.S. futures indexes pointed to a sharply lower open: the Dow Jones Industrial Average futures indicated a decline of 1.92%, S&P 500 futures pointed to a drop of 2.33%, while the Nasdaq 100 futures pointed to a loss of 2.56%.