At 14:30 (GMT+2) in Canada, there will be March data on retail sales. The indicator captures the volume of all goods sold by retailers, based on a sample of retail stores of various types and sizes. It is an important indicator of consumer spending and has a significant impact on the gross domestic product (GDP). It is expected that the March indicator will change from –0.2% to –1.4% and the core value will fall from –0.7% to –0.8%. Implementation of the forecast may put pressure the Canadian dollar.
