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14.06.2019 22:40

U.S. business inventories post a 0.5 percent rebound in April

The Commerce Department reported on Friday that business inventories rose 0.5 percent m-o-m in April, following an unrevised flat m-o-m performance in March.

That was in line with economists’ forecast.

According to the report, inventories at wholesalers surged by0.8 percent m-o-m in April, while stocks at retailers and manufacturers rose by a respective 0.5 percent m-o-m and 0.3 percent m-o-m.

Retail inventories excluding autos, which go into the calculation of GDP, increased 0.4 percent m-o-m, after being flat m-o-m in the prior month.


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Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
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Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
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Sydney 21:00 06:00 00:00 09:00 00:00 09:00
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Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
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European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
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London 07:00 16:00 10:00 19:00 10:00 19:00
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