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Wholesale sales Preview (August) -......>

CANADA DATA
CANADA DATA: Wholesale sales Preview (August) - 08:30 EDT
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- MNI Median +0.4%. Prior +1.7% was fastest in more than 2yrs.
- Potential for disappointment again following weak retail sales Tues. including
flat auto sales. 
- Autos pushed up July wholesales, so did a 20% jump in pharmaceutical imports
that's unlikely to be repeated in Aug.
- Watch for fresh high in inventory/sales ratio; was 1.44 in July and highest
since 1995 in June at 1.45. 

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