Investing.com - U.S. Treasury International Capital rose more-than-expected in November, as foreign demand for U.S. assets strengthened, 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 USD52.3 billion in November, compared to net sales of USD1 billion in October.
Analysts had expected Treasury International Capital purchases to rise to USD14.8 billion in November.
According to the data, foreigners bought a net USD26.4 billion of Treasurys in November, up from purchases of USD12 billion in October.
China purchased USD0.2 billion in U.S. Treasuries in November, after buying USD7.9 billion in the preceding month, while the U.K. added USD11.8 billion in UST’s after selling USD20.6 billion in the preceding month.
Following the release of the data, the U.S. dollar remained higher against the euro, with EUR/USD shedding 0.25% to trade at 1.3271.
Meanwhile, U.S. stock index futures remained mixed. The Dow Jones Industrial Average futures pointed to a loss of 0.4% at the open, S&P 500 futures indicated a drop of 0.2%, while the Nasdaq 100 futures signaled a 0.1% advance.
In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities totaled USD52.3 billion in November, compared to net sales of USD1 billion in October.
Analysts had expected Treasury International Capital purchases to rise to USD14.8 billion in November.
According to the data, foreigners bought a net USD26.4 billion of Treasurys in November, up from purchases of USD12 billion in October.
China purchased USD0.2 billion in U.S. Treasuries in November, after buying USD7.9 billion in the preceding month, while the U.K. added USD11.8 billion in UST’s after selling USD20.6 billion in the preceding month.
Following the release of the data, the U.S. dollar remained higher against the euro, with EUR/USD shedding 0.25% to trade at 1.3271.
Meanwhile, U.S. stock index futures remained mixed. The Dow Jones Industrial Average futures pointed to a loss of 0.4% at the open, S&P 500 futures indicated a drop of 0.2%, while the Nasdaq 100 futures signaled a 0.1% advance.