Canadian Retail Sales data for June are due at 14:30 (GMT+2). Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the GDP. It is expected that in June the indicator will decrease to 0.3% from 2.2% a month earlier, while the core value will be corrected from 1.9% to 0.9%. The implementation of the forecast can put pressure on CAD.
