Fundamentals: Retail Sales Lower - Will BoC Remain Hawkish?

Canada released lower-than-expected data for retail sales today. Slowing economic figures reflect a possible easing pressure from inflation and growth, which may weigh on a hawkish policy stance from the BoC. However, interest rate futures continue to price in a rate hike in the coming months.

[B]Next 24 Hours:
[/B]There are no economic indicators scheduled in the next 24hrs for Canada.
[B]Previous 24 Hours:
[/B]- [B]Retail Sales[/B] (MoM) (APR)
Actual: 0.4%
Previous: 1.9%

  • [B]Retail Sales Less Autos[/B] (MoM) (APR)
    Actual: 0.0%
    Previous: 1.1%