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At 14:30 (GMT+2), Canada will release data on retail sales for June. The indicator records the volume of all goods retailers sold based on samples of stores of different types and sizes. It is an important indicator of consumer spending, which has a significant impact on the gross domestic product (GDP). It may correct from –0.8% to –0.3% and the core value from –1.3% to –0.4%, putting pressure on the Canadian currency.
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