
At 14:30 (GMT+2), Canada will release February retail sales data, which reflects the volume of all goods retailers sold based on a sample of retail store types and sizes. The indicator is a key indicator of consumer spending and has a significant impact on gross domestic product (GDP). It may fall from –0.6% to –0.4% MoM, while the core value may change from 2.0% to –0.1%, putting pressure on the Canadian dollar.

