By Wanfeng Zhou NEW YORK, Oct 16 (Reuters) - Foreign investors' appetite for U.S. securities rebounded in August after four straight months of net selling, the Treasury Department said on Friday. Net overall capital inflows into the United States rebounded to $10.2 billion in August from a revised outflow of $107.7 billion the previous month. The department originally reported outflows of $97.5 billion for July. Excluding swaps, net long-term capital inflows rose to $28.6 billion from $15.3 billion inflow in the previous month. This is a key gauge of foreign investor appetite because they exclude short-term transactions. "There's nothing too surprising," said Omer Esiner, senior market analyst at Travelex Global Business Payments in Washington. "I don't think there's any evidence in this data that suggests demand for U.S....
[read full story]
powered by 