At 15:30 (GMT+2), Canada will release October Retail Sales data, which measures the volume of all goods sold by retailers based on a sample of retail store types and sizes. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). A correction is forecast from –0.7% to 0.0% in monthly terms and from 0.2% to 0.0% in the core indicator, which could act as a driver of the upward dynamics of the Canadian currency.
