Bombila liked a forecast in Fundamental analysis Contest

williamb predicted bullish impact of Retail Sales in the Fundamental analysis Contest

Retail sales in Canada stood flat in June from -0,2 recorded in May . In the detail we can see a drop in the motor vehicle sales while other sectors went up . This could to be a signal of pessimism of consumers about the coming period .

Bombila liked a forecast in Fundamental analysis Contest

Mydrost1953 predicted bearish impact of Retail Sales in the Fundamental analysis Contest

Bombila liked a forecast in Fundamental analysis Contest

zhanibek08 predicted bullish impact of Retail Sales in the Fundamental analysis Contest

Bombila liked a forecast in Fundamental analysis Contest

klintons predicted bearish impact of Retail Sales in the Fundamental analysis Contest

sell

Bombila liked a forecast in Fundamental analysis Contest

Armmels predicted bullish impact of Retail Sales in the Fundamental analysis Contest

Bombila liked a forecast in Fundamental analysis Contest

Mariya246 predicted bullish impact of Retail Sales in the Fundamental analysis Contest

Bombila liked a forecast in Fundamental analysis Contest

morz predicted bearish impact of Retail Sales in the Fundamental analysis Contest

Bombila liked a forecast in Fundamental analysis Contest

Waqaryounas predicted bullish impact of Retail Sales in the Fundamental analysis Contest

Change in total retail value of sales compared to the previous month in Canada in June. It is subject to seasonal adjustment. This is an important component of GDP. Key monthly indicator of consumer behavior. A three-month series of declines of 0.9%; 0.3% and 0.4% gave way to a three-month growth (in February by 1.0%, in March 1.3%, in April 0.2%). There was a lull, May -0.1%. The forecast is from -0.1 to 0.1%.

Bombila liked a forecast in Fundamental analysis Contest

Oddbods predicted bearish impact of Retail Sales in the Fundamental analysis Contest

On the same time we have so many news and all of them expect to have better than forecasted value and today's market sentiment towards CAD .With investors looking past Wednesday's hawkish FOMC meeting minutes, a modest uptick in the US Treasury bond yields failed to provide any additional boost to the US Dollar and mildly positive tone around crude oil prices underpinned the commodity-linked currently Loonie and further collaborated towards exerting some downward pressure so by considering all these I bet on CAD for now.

Bombila liked a forecast in Fundamental analysis Contest

Mister_Green predicted bearish impact of Retail Sales in the Fundamental analysis Contest