Investing.com - U.S. Treasury International Capital increased more-than-expected in October, as foreign demand for U.S. assets strengthened, official data showed on Monday.
In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities totaled USD35.4 billion in October, compared to purchases of USD31.3 billion in September.
Analysts had expected Treasury International Capital purchases to total USD31.4 billion in October.
Following the release of the data, the U.S. dollar remained lower against the euro, with EUR/USD adding 0.19% to trade at 1.3768.
Meanwhile, the outlook for U.S. equity markets was higher. The Dow Jones Industrial Average futures indicated a gain of 0.5% at the open, S&P 500 futures pointed to a rise of 0.5% and Nasdaq 100 futures indicated an increase of 0.5%.
In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities totaled USD35.4 billion in October, compared to purchases of USD31.3 billion in September.
Analysts had expected Treasury International Capital purchases to total USD31.4 billion in October.
Following the release of the data, the U.S. dollar remained lower against the euro, with EUR/USD adding 0.19% to trade at 1.3768.
Meanwhile, the outlook for U.S. equity markets was higher. The Dow Jones Industrial Average futures indicated a gain of 0.5% at the open, S&P 500 futures pointed to a rise of 0.5% and Nasdaq 100 futures indicated an increase of 0.5%.