Net Foreign Purchases of Long-Term Treasuries Jumped to $105.2 Billion
August 17, 2009
The monthly Treasury Department release of U.S. capital flow data saw foreign purchases of U.S. long-term securities leap to $123.6 billion in June from $7.9 billion in May, $22.2 billion per month in January-May, $34.4 billion per month in 2008, $83.8 billion per month in 2007 and $95.3 billion per month in 2006. Almost the […] More
New Overnight Developments Abroad - Daily Update
New Overnight Developments Abroad: Sharp Drop in Stocks
August 17, 2009
Risk aversion roared back with a vengeance. Stocks down in Asia and Europe. U.S. futures point to lower open. Dollar broadly stronger. Bond yields and commodities are lower. Doubts mounting that recovery can be sustained without fiscal impulse. The dollar has advanced at least 1% against the Australian dollar (1.6%), kiwi (1.4%), sterling (1.3%), and […] More
Currency Markets in the News
Japanese GDP Advanced 3.7% At Annualized Rate Last Quarter
August 17, 2009
The preliminary second-quarter GDP data were much as forecast. Japanese real GDP expanded 3.7% at a seasonally adjusted annualized rate (saar) in 2Q09. That was better than negative growth rates in the quarter of 0.4% saar in Euroland, 1.0% saar in the United States, and 3.2% in Great Britain. However, the 6.4% GDP drop from […] More
