Investing.com - U.S. Treasury International Capital declined unexpectedly in April, amid weakening foreign demand for U.S. assets, official data showed on Monday.
In a report, the U.S. Department of the Treasury said that net foreign sales of long-term securities totaled $24.2 billion in April, compared to net purchases of $4.1 billion in March.
Analysts had expected Treasury International Capital purchases to total $41.3 billion in April.
Following the release of the data, the U.S. dollar held on to losses against the euro, with EUR/USD rising 0.1% to trade at 1.3554.
Meanwhile, the outlook for U.S. equity markets remained lower. The Dow futures indicated a loss of 0.25% at the open, the S&P 500 dipped 0.15%, while the Nasdaq 100 indicated a decline of 0.15%.
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