Canada retail sales

Last Week’s Highlights Japan's Economy Contracts in the Q2 The Japanese economy contracted in the three months ending June in 2020, but at a lesser pace. Japan's GDP fell 7.8% during the period on a quarterly basis. It was, however,…
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The key to tracking the economic recovery post-COVID is the return to consumer demand. And we can measure this with retail sales. One of the concerns about a potential "second dip" in the markets is if demand doesn't return fast enough…
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Retail sales figures are key for tracking people returning to shopping following COVID-19. With most of the world moving towards reopening, we would expect retail sales to increase substantially if we are to have a U-shaped recovery.…
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Statistics Canada will be releasing the monthly retail sales report. This will be one of the last few economic reports that will feed into the Q3 GDP. Canada will be officially releasing the final third-quarter GDP estimate in a week’s…
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The monthly retail sales data due for release by Statistics Canada will be a dataset to watch. Following two months of gains and weak quarterly performance, investors will be looking to the data for April. According to the median…
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Economic data for the week ahead is expected to remain quiet for the most part. The ECB's meeting minutes will stand out amid the Central Bank heading into the final leg of its QE purchases. Economic data from the Eurozone will cover the…
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On Friday last week, the Canadian May Retail Sales and Inflation economic data was released. The mixed results saw the markets clearly divided on the next monetary policy move from the Bank of Canada. Data from Statistics Canada showed…
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Latest inflation report from Statistics Canada released on Thursday showed that the total CPI declined 0.4% on the month pushing the 12-month pace to 1.2% in November, down from 1.5% previously. The decline in inflation was larger than the…
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The US dollar was seen trading stronger for the week with the biggest declines coming from the Turkish lira. The markets opened this week on the news of a failed military coup in Turkey. However, by Monday morning, the situation was under…
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Federal Reserve Chairwoman, Janet Yellen continues into day two of testifying to the US Senate banking committee. Markets remain nervous ahead of UK's referendum vote tomorrow. Canada’s retail sales beat estimates. Today’s Economic events…
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