Investing.com – U.S. Treasury International Capital purchases plunged unexpectedly in October, official data showed on Wednesday.
In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities tumbled to USD 27.6 billion in October, after falling to USD 77.2 billion in September, whose figure was revised from USD 81.0 billion.
Analysts had expected purchases of long-term securities to increase to USD 82.3 billion in October.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD falling 0.32% to hit 1.3335.
Meanwhile, the outlook for U.S. equity markets was downbeat: Dow Jones Industrial Average futures indicated a loss of 0.19%, S&P 500 futures pointed to a drop of 0.34%, while the Nasdaq 100 futures indicated a decrease of 0.33%.
In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities tumbled to USD 27.6 billion in October, after falling to USD 77.2 billion in September, whose figure was revised from USD 81.0 billion.
Analysts had expected purchases of long-term securities to increase to USD 82.3 billion in October.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD falling 0.32% to hit 1.3335.
Meanwhile, the outlook for U.S. equity markets was downbeat: Dow Jones Industrial Average futures indicated a loss of 0.19%, S&P 500 futures pointed to a drop of 0.34%, while the Nasdaq 100 futures indicated a decrease of 0.33%.