US: Focus on wholesale inventories and trade sales - BBH

Research Team at BBH, suggests that during the North American session, the focus will be on the release of US July wholesale inventories and trade sales. 

Key Quotes

“The Fed’s Rosengren (voter) and Kaplan (non-voter) speak.  Fed tightening expectations are creeping higher from the week’s lows.  According to Bloomberg, the odds of a September hike are around 28%, up from the Wednesday low of 22%.  This still stands below the post-Jackson Hole high of 42%.”