US Wholesale Sales (August) MoM: -0.1% (Forecast 0.4%, Previous 1.1%)
- Wholesale inventories (August) MoM Rev.: 0.1% (Forecast 0.2%, Previous 0.2%)
Overall today US wholesales report signals that wholesale sales dynamic weakened in August, while the scale of this monthly decline is not very big (and comes after quite strong rebound of 1.1% in July).
Daily summary: Dovish Fed signals are driving optimism on Wall Street 🗽US2000 at all-time high
Fed chair Jerome Powell press conference🔎
BREAKING: Fed cuts interest rates by 25 bps🗽US100 gains
BREAKING: BoC holds interest rates unchanged🔎CAD with muted reaction