Canadian retail sales data for March was released today at 1:30 pm BST. Report was expected to show the second month of declines in a row with a drop in sales being expected to be deeper than in February. Actual report came in mixed - headline retail sales dropped more or less in-line with expectations and deeper than in February. However, core retail sales (ex-autos) saw a smaller drop than expected and than in February.
Canada, retail sales for March:
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app- Headline: -1.4% MoM vs -1.5% MoM expected (-0.2% MoM previously)
- Ex-autos: -0.3% MoM vs -0.8% MoM expected (-0.7% MoM previously)
USDCAD moved slightly lower after Canadian retail sales data. Pair is inching towards the upward trendline that has limited downside moves recently. Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
