US Wholesale Inventories MoM Adv (Mar) M/M 1.4%
The US Wholesale Inventories MoM data for March showed an increase of 1.4%, which is a significant indicator of inventory trends ahead of the retail sales reports.
Diageo (DGE LN) CEO says they intend to streamline the group, Bloomberg reports
Israeli PM Netanyahu is to visit the US next week for a meeting with US President Trump, Al Arabiya reports
US Wholesale Inventories MoM Adv (Mar) M/M 1.4%
IAEA's Grossi says they want to inspect the Iranian facilities where nuclear materials are stored. Discussed with Russia and others the possibility of sending the highly enriched uranium out of the country. Such material must not remain in Iran.
White House official says US President Trump met energy executives Tuesday, discussed domestic production, Venezuela, oil futures, natural gas, and shipping
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A rising inventory suggests businesses are preparing for increased consumer demand; however, if this trend is too aggressive, it could signal a buildup that may require discounting, impacting profit margins. Traders should watch for implications on economic growth forecasts and potential impacts on monetary policy as inventory levels directly relate to spending and production dynamics.
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