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Thursday, July 27, 2017

US June wholesale inventories mm flash +0.6% vs +0.3% exp

Preliminary US June wholesale inventories now out 27 July - 0.4% prev A higher than expected/previous reading and puts a positive slant on US Q2 GDP data due tomorrow if you believe that rising inventories means suppliers are optimistic on future sales,rather than a sign of sluggish economy ( as I perceive).
US June wholesale inventories mm flash +0.6% vs +0.3% exp

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