Canadian wholesale trade sales for July 2018

  • Prior was -0.8%

  • $63.9B vs $61.4B prior

  • Sales up in 4 of 7 subsectors

  • Sales up in 9 of past 10 months

  • Inventories +1.4%, led by household goods

  • Inventory-to-sales ratio unchanged at 1.36

USD/CAD is up 21 pips to 1.2937 today.