United States Overall Net Capital Flows

Info

History

Chart

Impact:

Low

Latest Release:

Actual:

$284.7B

Forecast:

Previous/Revision:

$-46.6B

Period: Apr 2025

Next Release:

Forecast:

Period: May 2025

What Does It Measure?

Overall net capital flows measure the net inflows and outflows of capital from a country, specifically the United States in this case. This indicator primarily focuses on foreign investment into the U.S. economy and U.S. investments abroad, assessing components like foreign direct investment, portfolio investment, and other investments, thereby reflecting investor sentiment and overall economic health.

Frequency

This event is reported monthly and includes preliminary estimates released typically during the second week of the following month.

Why Do Traders Care?

Traders monitor net capital flows closely as they significantly influence currency valuations and stock market trends; positive net inflows indicate strong foreign investor confidence, potentially boosting the U.S. dollar and equities, while net outflows can signal capital flight, adversely affecting market sentiment. The timeliness of this report provides critical insights for forecasting economic conditions and making investment decisions.

What Is It Derived From?

The calculation of net capital flows relies on data collected from various sources, including balance of payments accounts, international investment position reports, and surveys from financial institutions and businesses engaging in cross-border capital movements. It involves meticulous tracking of capital transactions, which are categorized into direct investments, portfolio investments, and other financial instruments.

Description

Overall net capital flows are critical for understanding the dynamics of international capital movement and their impacts on currency stability and interest rates. Preliminary reports reflect early estimates based on limited data, while final reports provide confirmed figures, allowing analysts and investors to gauge the accuracy of economic narratives, with preliminary data often causing immediate shifts in market expectations.

Additional Notes

This indicator serves primarily as a leading economic measure, providing insights into future economic activity by reflecting investors' confidence in the U.S. economy. Its trends can be compared with other indicators like trade balances and domestic investment rates, establishing a broader context of economic health both nationally and in comparison with other regions.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for USD, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Apr 16, 2025	$284.7B		$-46.6B
Mar 19, 2025	$-48.8B		$103.2B
Feb 18, 2025	$87.1B		$134.1B
Jan 17, 2025	$159.9B		$201.8B
Dec 19, 2024	$203.6B		$398.9B
Nov 18, 2024	$398.4B		$75.9B
Oct 17, 2024	$79.2B		$159.1B
Sep 18, 2024	$156.5B		$92B
Aug 15, 2024	$107.5B		$16.1B
Jul 18, 2024	$15.8B		$64.2B
Jun 18, 2024	$66.2B		$104.2B
May 15, 2024	$102.1B		$42B
Apr 17, 2024	$51.6B		$-30.8B
Mar 19, 2024	$-8.8B		$137.4B
Feb 15, 2024	$139.8B		$223.3B
Jan 19, 2024	$260.2B		$-62.2B
Dec 19, 2023	$-83.8B		$-64.8B
Nov 16, 2023	$-67.4B		$131B
Oct 18, 2023	$134.4B		$141.4B
Sep 18, 2023	$140.6B		$137.9B
Aug 15, 2023	$147.8B	$42.8B	$-161.6B	$105B
Jul 18, 2023	$-167.6B	$180.5B	$35.3B	$-348.1B
Jun 15, 2023	$48.4B		$129B
May 15, 2023	$56.7B		$13.7B
Apr 17, 2023	$28B		$183.2B
Mar 15, 2023	$183.1B		$26.7B
Feb 15, 2023	$28.6B		$213.4B
Jan 18, 2023	$213.1B		$179.3B
Dec 15, 2022	$179.9B		$30.4B
Nov 16, 2022	$30.9B		$277.2B
Oct 18, 2022	$275.6B		$154B
Sep 16, 2022	$153.5B		$22.3B
Aug 15, 2022	$22.1B		$194.5B
Jul 18, 2022	$182.5B		$-2.7B
Jun 15, 2022	$1.3B		$108.7B
May 16, 2022	$149.2B		$160.3B
Apr 15, 2022	$162.6B		$287.4B
Mar 15, 2022	$294.2B		$-53.8B
Feb 15, 2022	$-52.4B		$216.8B
Jan 18, 2022	$223.9B		$139.3B
Dec 15, 2021	$143B		$-27.3B
Nov 16, 2021	$-26.8B		$91.1B
Oct 18, 2021	$91B		$164.1B
Sep 16, 2021	$126B		$32B
Aug 16, 2021	$31.5B		$98.2B
Jul 16, 2021	$105.3B		$100.1B
Jun 15, 2021	$101.2B		$146.7B
May 17, 2021	$146.4B		$73.7B
Apr 15, 2021	$72.6B		$105.8B
Mar 15, 2021	$106.3B		$8B
Feb 16, 2021	$-0.6B		$114.7B
Jan 19, 2021	$214.1B		$-11.1B
Dec 15, 2020	$-10.4B		$-80.5B
Nov 17, 2020	$-79.9B	$-85B	$85B	$5.1B
Oct 16, 2020	$86.3B		$-89.5B
Sep 16, 2020	$-88.7B	$-9B	$-69.8B	$-79.7B
Aug 17, 2020	$-67.9B	$-35B	$-15.9B	$-32.9B
Jul 16, 2020	$-4.5B	$200B	$121.7B	$-204.5B
Jun 15, 2020	$125.3B		$355.3B
May 15, 2020	$349.9B	$-145B	$-14.3B	$494.9B
Apr 15, 2020	$-13.4B	$38.3B	$127.3B	$-51.7B
Mar 16, 2020	$122.9B	$-19.8B	$78.7B	$142.7B
Feb 18, 2020	$78.2B	$-0.4B	$77.3B	$78.6B
Jan 16, 2020	$73.1B	$51.7B	$-62B	$21.4B
Dec 16, 2019	$-48.3B	$28.7B	$-38.1B	$-77B
Nov 18, 2019	$-37.6B	$35.9B	$41.9B	$-73.5B
Oct 16, 2019	$70.5B	$66.6B	$43.3B	$3.9B
Sep 17, 2019	$43.8B	$9B	$21B	$34.8B
Aug 15, 2019	$1.7B	$-26.1B	$37.6B	$27.8B
Jul 16, 2019	$32.9B	$13.1B	$-9B	$19.8B
Jun 17, 2019	$-7.8B	$17B	$-5.6B	$-24.8B
May 15, 2019	$-8.1B	$-30.9B	$-21.5B	$22.8B
Apr 15, 2019	$-21.6B	$13.3B	$-143.7B	$-34.9B
Mar 15, 2019	$-143.7B		$-113.5B
Feb 15, 2019	$-33.1B		$32.1B
Jan 31, 2019	$31B		$46.8B
Dec 17, 2018	$42B	$2.5B	$-29.2B	$39.5B
Nov 16, 2018	$-29.1B	$127.9B	$108.1B	$-157B
Oct 16, 2018	$108.2B	$19.9B	$42.7B	$88.3B
Sep 18, 2018	$52.2B	$55.7B	$189.7B	$-3.5B
Aug 15, 2018	$114.5B	$-80B	$69.2B	$194.5B
Jul 17, 2018	$69.9B	$52.3B	$138.7B	$17.6B
Jun 15, 2018	$138.7B	$85.5B	$-43.6B	$53.2B
May 15, 2018	$-38.5B	$-55.6B	$47.5B	$17.1B
Apr 16, 2018	$44.7B	$26.1B	$122.6B	$18.6B
Mar 15, 2018	$119.7B	$43.1B	$-122.5B	$76.6B
Feb 15, 2018	$-119.3B	$-37B	$33.5B	$-82.3B
Jan 17, 2018	$33.8B	$31.3B	$152.9B	$2.5B
Dec 15, 2017	$151.2B	$33.3B	$-42.6B	$117.9B
Nov 15, 2017	$-51.3B	$-4.9B	$130.2B	$-46.4B
Oct 17, 2017	$125B	$11.4B	$-7.3B	$113.6B
Sep 18, 2017	$-7.3B	$17.4B	$5.9B	$-24.7B
Aug 15, 2017	$7.7B	$-3B	$54.7B	$10.7B
Jul 18, 2017	$57.3B	$-29.1B	$74.4B	$86.4B
Jun 15, 2017	$65.8B	$45.8B	$9.3B	$20B
May 15, 2017	$-0.7B	$-63.1B	$13.2B	$62.4B
Apr 17, 2017	$19.3B	$8.2B	$121.2B	$11.1B
Mar 15, 2017	$110.4B	$31.3B	$-65.3B	$79.1B
Feb 15, 2017	$-42.8B	$-66B	$30.2B	$23.2B
Jan 18, 2017	$23.7B	$-7.5B	$20.6B	$31.2B
Dec 15, 2016	$18.8B	$98B	$-154.4B	$-79.2B
Nov 16, 2016	$-152.9B	$-78.6B	$40B	$-74.3B
Oct 18, 2016	$73.8B	$23.2B	$118B	$50.6B
Sep 16, 2016	$140.6B	$68.8B	$-194.5B	$71.8B
Aug 15, 2016	$-202.8B	$-59B	$-11B	$-143.8B
Jul 18, 2016	$-11B	$6.2B	$93.1B	$-17.2B
Jun 15, 2016	$80.4B	$66B	$-98.1B	$14.4B
May 16, 2016	$-98.3B	$-81.6B	$31.7B	$-16.7B
Apr 15, 2016	$33.5B	$11.9B	$116.6B	$21.6B
Mar 15, 2016	$118.4B	$79.6B	$-106.8B	$38.8B
Feb 16, 2016	$-114B	$-78.1B	$-1.1B	$-35.9B
Jan 19, 2016	$-3.2B		$61B
Dec 15, 2015	$68.9B	$82.8B	$-172.7B	$-13.9B
Nov 17, 2015	$-175.1B	$-65.6B	$-8.5B	$-109.5B
Oct 16, 2015	$-9.2B	$38.7B	$141B	$-47.9B
Sep 16, 2015	$141.9B	$31.2B	$-129.7B	$110.7B
Aug 17, 2015	$-110.3B	$-40.8B	$109.6B	$-69.5B
Jul 16, 2015	$115B	$-0.1B	$107.9B	$115.1B
Jun 15, 2015	$106.6B	$-37.7B	$-95.2B	$144.3B
May 15, 2015	$-100.9B	$20.3B	$28.8B	$-121.2B