Investing.com – U.S. Treasury International Capital purchases rose significantly less-than-expected in May, 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 USD23.6 billion in May, significantly below expectations of USD48.4 billion.
Net foreign purchases of long-term securities totaled USD30.6 billion in April.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD sliding 0.55% to trade at 1.4077.
Meanwhile, the outlook for U.S. equity markets was broadly lower. The Dow Jones Industrial Average futures pointed to a loss of 0.6%, S&P 500 futures indicated a decline of 0.55%, while the Nasdaq 100 futures shed 0.5%.
In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities totaled USD23.6 billion in May, significantly below expectations of USD48.4 billion.
Net foreign purchases of long-term securities totaled USD30.6 billion in April.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD sliding 0.55% to trade at 1.4077.
Meanwhile, the outlook for U.S. equity markets was broadly lower. The Dow Jones Industrial Average futures pointed to a loss of 0.6%, S&P 500 futures indicated a decline of 0.55%, while the Nasdaq 100 futures shed 0.5%.