United States Business Inventories Jump 1 0 in January (updated) - forex trading classes in hyderabad

United States Business Inventories Jump 1 0 in January (updated) ~ forex trading classes in hyderabad

USD Index Rise to 7 Month High

U.S Commerce Department Said on Wednesday that Business inventories jumped 1.0% in January to a seasonally adjusted $1.64 trillion. That was almost twice as much as Wall Street economists expected. Sales fell 0.3%. As a result, the ratio of inventories to sales rose to 1.29 from 1.26 in December. Decembers inventories growth was revised up to 0.3% from an initial reading of a 0.1% increase

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