Euro Rises to $1.1953 Against the Dollar
Net capital inflows into the US were reported to have fallen from $50 billion in August to only $4.2 billion in September.
Moreover, foreigners engaged in net selling of "agency" debt sold by Freddie Mac and Fannie Mae for the first time since October 1998, getting rid of a net $3.2 billion after buying $8.9 billion last month.
Private accounts and central banks sold $6.3 billion worth of equities.
Private foreign accounts, private accounts and hedge funds, sold $2 billion of Treasuries in September and $6 billion of agency debt. Yet, central banks, with large foreign reserves, have not yet begun to sell.
The Treasury report stated in total, foreigners bought a net $5.6 billion of Treasuries in September, down from $25.1bn in August.
Interetingly, Japanese buying of US assets remains strong, with some net $20bn of debt and equity purchases.
Read the Story at the Financial Times
Moreover, foreigners engaged in net selling of "agency" debt sold by Freddie Mac and Fannie Mae for the first time since October 1998, getting rid of a net $3.2 billion after buying $8.9 billion last month.
Private accounts and central banks sold $6.3 billion worth of equities.
Private foreign accounts, private accounts and hedge funds, sold $2 billion of Treasuries in September and $6 billion of agency debt. Yet, central banks, with large foreign reserves, have not yet begun to sell.
The Treasury report stated in total, foreigners bought a net $5.6 billion of Treasuries in September, down from $25.1bn in August.
Interetingly, Japanese buying of US assets remains strong, with some net $20bn of debt and equity purchases.
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