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EURJPY TECHS

Corrective Cycle Still In Play

USDJPY TECHS

Approaching Recent Highs

Release for:               July 2018
Source:  U.S. Department of Commerce
Millions of U.S. dollars
                                                yr-ago  % change:     yr/yr
                                Jul-18  Jun-18  Jul-17  Jul-18 Jun-18 Jul-18
Seasonally Adjusted
Wholesale inventories, total    637,039 632,871 605,810    0.7    0.1    5.2
 Durable goods                  387,753 384,147 364,470    0.9    0.9    6.4
 Nondurable goods               249,286 248,724 241,340    0.2   -1.0    3.3
Retail inventories, total       637,655 634,899 623,615    0.4    0.0    2.3
 Ex. motor veh. & parts         408,792 408,292 400,574    0.1    0.0    2.1
 Motor vehicle & parts dealers  228,863 226,607 223,041    1.0    0.0    2.6
Not Seasonally Adjusted
Wholesale inventories, total    629,778 626,272 599,657    0.6   -0.1    5.0
 Durable goods                  391,284 384,005 367,592    1.9    0.8    6.4
 Nondurable goods               238,494 242,267 232,065   -1.6   -1.4    2.8
Retail inventories, total       621,945 628,378 608,301   -1.0    0.0    2.2
 Ex. motor veh. & parts         399,186 400,076 391,237   -0.2    0.1    2.0
 Motor vehicle & parts dealers  222,759 228,302 217,064   -2.4   -0.2    2.6
     ** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDT$]