US DATA: December TICS data show foreign residents were net sellers of
US long-term securities to the tune of $21.0 bn but at the same time, US
residents sold a record high $38.9 bn of foreign securities, (perhaps
year-end portfolio shifts?), for a net foreign purchase of US securities
of $17.9bn. Within the foreign flows, private individuals sold $11.5 bn
and official institutions sold $9.5 bn.
Monthly net TIC flows were $87.1 bn.
Tsy flows by country show China -$31.9 bn, Japan +$3.5 bn, UK -$11.1 bn,
OPEC +$1.5 bn, Caribb. -$10.5 bn, HK +$6.7 bn, Lux +$9.1 bn, Thailand
-$7.6 bn, Ireland +$10.8 bn, France +$8.2 bn. Turkey -$9.2 bn.
