Core Retail Sales measures the change in the total value of sales at the retail level in Canada, excluding automobiles. It is an important indicator of consumer spending and is also considered a pace indicator for the Canadian economy. A higher than expected reading should be taken as positive/bullish for CAD, while a lower than expected reading should be taken as negative/bearish for CAD. In January, the indicator is expected to grow from -0.5% to 0.2% MoM.
Read more here:
Latest posts by liteforex.com (see all)
- German Manufacturing PMI. Germany, 09:30 (GMT+2) - June 21, 2019
- Statement by the Bank of England Head Mark Carney. UK, 22:00 (GMT+2) - June 20, 2019
- Press Conference of the Bank of Japan. Japan, 08:30 (GMT+2) - June 20, 2019