Retail Sales. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2) May data on retail sales will be presented in Canada. 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 Gross Domestic Product (GDP). In May, the figure is expected to correct from 0.7% to –0.2%, and the Core value — from 1.8% to 0.3%, putting pressure on the Canadian currency.

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