Canada wholesale inventories rose 1.1% MoM in April; prior +0.3%.

Citigroup lowered its PT for Adobe (ADBE.O) to $228 from $264.

Guangzhou municipal party secretary Feng Zhonghua on June 15 outlined a package of measures to boost private firms, prioritising new industrial tracks, industry‑commerce integration, large‑scale pilots of new application scenarios and support for SME digital transformation. The city will run a year‑round, citywide investment promotion drive, stage supply‑demand matching events such as Guangzhou Goods Go Global, and accelerate construction of major platforms including Nansha and the Sino‑Singapore Guangzhou Knowledge City to amplify Canton Fair spillovers and deepen private firms’ access to global value chains. Beijing plans to upgrade maritime‑land‑air transport and cloud‑data‑network infrastructure, advance the “Hundreds‑Thousands” programme, green urban projects and urban renewal/urban‑village redevelopment to improve the operating and talent‑attraction environment for businesses.