At 15:30 (GMT+2) in Canada, there will be data on retail sales for January. The indicator captures the volume of all goods sold by retailers on a monthly basis, based on a sample of retail stores of various types and sizes. It is an important indicator of consumer spending and significantly impacts GDP. Sales are expected to fall 2.1% in January after rising 0.7% a month earlier. Implementation of the forecast may put pressure on the Canadian currency.
