Statistics Canada - Retail Sales Ex Autos – (CAD) – 19/06

 

What is it? Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends.

When? At 8:30am eastern time.

Trading Tip: If the actual number is higher than the forecast, you can expect the CAD to rise.

 

 

 

 

 

 

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