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US Wholesale Inventory Levels Fall 0.8%

Posted by Scott Boyd at 11:34 am UTC, 02/09/2010

The US Commerce Department announced today that wholesale business inventories fell by 0.8 percent in December. Analysts were caught off-guard by the weak performance with a survey conducted by Thompson Reuters expecting a 0.5 percent increase.

Source: Associated Press

Filed under: Forex Round Up, USD

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May
23
Today’s Global
Market Events
All Day
EUR
EU Economic Summit
8:30am
CAD
Core Retail Sales m/m
0.5% vs. 0.5%
CAD
Retail Sales m/m
0.4% vs. -0.2%
CAD
Leading Index m/m
0.3% vs. 0.4%
10:00am
USD
New Home Sales
335K vs. 328K
USD
HPI m/m
0.4% vs. 0.3%
10:30am
USD
Crude Oil Inventories
0.8M vs. 2.1M
6:45pm
NZD
Trade Balance
400M vs. 134M
10:00pm
NZD
Annual Budget Release
10:30pm
CNY
HSBC Flash Manufacturing PMI
49.3