US DATA: Feb wholesale inventories +0.9% vs Jan +0.6% (prev +0.4%).
Wholesale sales +1.2%, durable sales +0.9% and nondurable sales +1.4%.
Durable inventories +0.5%; nondurable inventories +1.4%. Petroleum inv
were +5.6% and petroleum sales were +3.9%. Auto inventories were -0.9%
with sales +0.2%. An MNI calculation shows wholesale inventories
ex-autos were +1.1% in Feb vs +0.6% in Jan. The inv/sales ratio was
unchanged at 1.17 in Feb.