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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessJune wholesale inv +0.7% vs +0.6% in the....>
US DATA: June wholesale inv +0.7% vs +0.6% in the advance estimate. The
outlook for June business inv is +0.5% based on the already released
+0.2% reading for factory inv and assuming no revision to the +0.6% for
retail inv from the advance estimate. June wholesale sales +0.7%, so
including -0.2% for factory shipments and assuming no revision to -0.1%
for retail trade sales in last month's release, business sales would be
+0.2%. Ex. autos, wholesale inv would have been +0.6% in June, and
sales would have been +0.8%, according to an MNI calc. Wholesale durable
inv +0.5% with auto inv +1.4%. Nondurables inv +1.0%, with -5.2% for
petro. Durables sales flat (autos -0.5%), while nondurables sales +1.4%
(petro +1.9%). Inv/sales ratio unch from May 1.29. See MNI main wire.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.