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On tap for Monday: Quiet start......>

US DATA PREVIEW
US DATA PREVIEW: On tap for Monday: Quiet start for data with wholesale
inventories (0.2% est) and wholesale sales; Dallas Fed manufacturing index for
February. Treasury 13/26W bill and 2/5Y note auctions. Fed VC Clarida and Dal
Fed Pres Kaplan tour southern Dallas.
- Nomura economists expect a "modest gain in wholesale inventories in December.
Growth of durable goods inventories held by wholesalers accelerated sharply
around late Q3 and early Q4 as domestic firms adjusted their inventory levels
likely in response to expected increases in tariffs on products from China."

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