Canada retail sales data for April was released at 1:30 pm BST. Report turned out to be better than expected and caused some moves on the markets. Highlights of the report:
- Retail Sales: 1.1% MoM vs 0.2.% MoM expected (-1.5% MoM previous)
- Retail Sales Ex-autos: 1.3% MoM vs 0.3% MoM expected (-0.4% MoM previous)
Canadian dollar appreciates after publication.

USDCAD, M1 interval, source xStation 5
BREAKING: Euro-zone GDP slightly above expectations!📈 EURUSD remains stable
BREAKING: Germany industrial orders for October higher than expected; EURUSD gains 📌
Daily Summary: Market treads careful, awaits inflation and FED
Mixed retail sales data from the eurozone➡️EURUSD reaction muted