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TIC data shows massive inflows

By   || January 19, 2010 at 14:03 GMT
|| 4 comments || Add comment

The Treasury International Capital data, which shows US inflows and outflows, showed a massive net long-term inflow of $126.8 bln in November versus a 19.3 bln outflow in September. The data should cool fears that central banks are no longer willing to fund US deficits.

EUR/USD has fallen back to 1.4272.

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4 Responses to “TIC data shows massive inflows”

  1. Trading Nymph on January 19th, 2010 15:57 GMT

    Were you surprised from that data? I wonder if they are seeing potential weakness in EM coming?

  2. Trading Nymph on January 19th, 2010 16:01 GMT

    You know the number is very close to Nov 08 figures…

  3. Trading Nymph on January 19th, 2010 17:08 GMT
  4. stev on January 19th, 2010 19:50 GMT

    a bit late on this, but I just got around reading the report, it appears private investers pick up the purchase more than the CBs:
    “Net foreign purchases of long-term U.S. securities were $129.3 billion. Of this, net purchases by private foreign investors were $96.0 billion, and net purchases by foreign official institutions were $33.3 billion. ”

    Another interesting point is that while the long term purchase increase the short-term holding decreases:
    “Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other custody liabilities decreased $27.2 billion. Foreign holdings of Treasury bills decreased $18.9 billion.”
    not sure all this entail…

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