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: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge
EURUSD loses ground ahead of NFP
BREAKING: BoE raises interest rates by 25pbs to 4%⏰