US Wholesale Inventories MoM (Feb) M/M 0.8% vs. Exp. 0.1% (Prev. -0.5%)
The US Wholesale Inventories rose 0.8% in February, significantly surpassing expectations of just 0.1% and marking a rebound from the previous decline of 0.5%.
No new requests for ship insurance in Gulf, CNBC reports citing an insurance source
Carlyle Group’s (CG) flagship private-credit interval fund is the latest to be hit with a wave of share-redemption requests, WSJ reports
US Wholesale Inventories MoM (Feb) M/M 0.8% vs. Exp. 0.1% (Prev. -0.5%)
US EQUITY OPEN: Indices rangebound as ceasefire 'holds' for now as US data offers little new
CVC is reportedly in early talks with ADIA and GIC on the acquisition of Recordati (REC IM), Bloomberg reports
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This weaker-than-anticipated buildup suggests a potential shift in supply dynamics, which could signal stronger demand than previously thought, potentially impacting growth forecasts and the inflation outlook.
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