Investing.com – U.S. Treasury International Capital purchases rose unexpectedly in August, official data showed on Monday.
In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities were USD 128.7 billion in August, after rising to USD 61.2 billion in July, whose figure was revised from USD 35.4 billion.
Economists had expected purchases of long-term securities to decrease to USD 47.5 billion in August.
According to the data, net foreign purchases of long-term U.S. securities were USD 136.6 billion in August, while U.S. residents purchased a net USD 7.9 billion of long-term foreign securities.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.37% to hit 1.3924.
Meanwhile, the outlook for U.S. equity markets was downbeat: Dow Jones Industrial Average futures indicated a loss of 0.10%, S&P 500 futures pointed to a drop of 0.17%, while the Nasdaq 100 futures indicated a decrease of 0.08%.
In a report, the U.S. Department of the Treasury said that net foreign purchases of long-term securities were USD 128.7 billion in August, after rising to USD 61.2 billion in July, whose figure was revised from USD 35.4 billion.
Economists had expected purchases of long-term securities to decrease to USD 47.5 billion in August.
According to the data, net foreign purchases of long-term U.S. securities were USD 136.6 billion in August, while U.S. residents purchased a net USD 7.9 billion of long-term foreign securities.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.37% to hit 1.3924.
Meanwhile, the outlook for U.S. equity markets was downbeat: Dow Jones Industrial Average futures indicated a loss of 0.10%, S&P 500 futures pointed to a drop of 0.17%, while the Nasdaq 100 futures indicated a decrease of 0.08%.