01:30 PM BST, Canada - Retail Sales Data for April:
- Retail Sales: actual 0.3% MoM; forecast 0.4% MoM; previous 0.8% MoM;
- Core Retail Sales: actual -0.3% MoM; forecast -0.2% MoM; previous -0.8% MoM;
01:30 PM BST, Canada - Inflation Data for May:
- IPPI: actual 1.2% YoY; previous 1.9% YoY;
- IPPI: actual -0.5% MoM; forecast 0.0% MoM; previous -0.8% MoM;
Canadian macro reports came in slightly lower than expected for both IPPI inflation data and retail sales. In the forex market, we can see only a modest upside reaction in the EURCAD currency pair
US Open: NFP Has Shifted Fed Expectations, and Wall Street Now Awaits Inflation
🚩 Cocoa futures down 3.5% as ICE inventories rise to 2-year high
🛢️Brent Crude Nearing $100
Chart of the Day: Wheat rebounds 3% after pulling back from multi-year highs 📈