US DATA: Auguest TICS data show net foreign PURCHASES of $66.0 bn, a
sharp jump from July’s $24.1 bn revised total. Within the flows, foreign
private investors bought $74.7 bn US securities while foreign official
institutions sold $8.7 bn. US resident holding of foreign securities
increased a modest $8.1 bn.
Monthly net TIC inflows were $89.6 bn
Tsy flows by country; China -$36.5 bn, Japan +$21.8 bn, UK +$43.8 bn,
OPEC +1.9bn, Carib +$32.5 bn.
Recall early Auguest saw US rating cut by S&P.