US June wholesale sales -0.7% vs +0.1% expected

<ul><li>Prior was -0.2% (revised to -0.5%)</li><li>Wholesale inventories -0.5% vs -0.3% expected</li><li>Prior inventories -0.3% </li></ul><p>This number will lead to a negative revision to Q2 GDP and the sales number is a poor sign for Q3.</p>

This article was written by Adam Button at www.forexlive.com.