US DATA: Jan business inventories +0.9% vs +0.8% expected. Retail
inv +0.4%, and was the same ex the +0.1% for motor vehicle inv. Business
sales +2.0% in Jan, putting the Jan inv/sales ratio at 1.23 vs 1.25 in
Dec. Jan a year earlier also 1.25. NSA sales +11.1% Jan/Jan’10, and inv
+9.1% yr/yr. Factory inventories were reported +1.3% on the month while
wholesale inventories were reported +1.1%.