Forex - Preview: due 18 Apr - Canada Feb Retail Sales


 14:32 (GMT) 17 Apr

  [Economic Data]

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Preview: due 18 Apr - Canada Feb Retail Sales (0101-KNQP-C01)

We expect Feb Canadian retail sales to increase by 0.4%, which would be the first increase since Oct and the strongest increase since May. The gain should be led by a correction higher in autos after a weaker Jan.

Preview: due 18 Apr - Canada Feb Retail Sales (0101-KNQP-C02)

Sales ex auto should rise by 0.2% with half of that due to gasoline prices edging off recent lows. A 0.1% rise ex auto and gasoline should maintain a near flat underlying picture. In real terms, retail sales were flat in both Q4 and Jan.


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