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Retail Sales. Canada, 15:30 (GMT+2)

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Canadian Retail Sales data for November are due at 15:30 (GMT+2). 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. It is expected that in November the indicator will correct from 1.4% to -0.5%, and the indicator excluding sales of cars may correct from 1.7% to -0.4%. The implementation of the forecast can put pressure on the national currency. Read more

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