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Wholesale Sales Preview - 08:30 EDT.....>

CANADA DATA
CANADA DATA: Wholesale Sales Preview - 08:30 EDT
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- MNI and Bbg Median May +0.5% m/m, prior +1.7% m/m.
- No repeat seen of April's gain that was the biggest in more than 2 years...
- ... sales have already climbed for 5 straight months to record high
- Other reports on May activity were mixed: strong factory sales, fall in
retail, suggesting mixed wholesaling prospects
- Any sales gain would add to evidence of broad based rebound in 2Q

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