The Statistics Canada released Core Retail Sales data that came out lower-than-expected of negative 0.6% compared to forecast negative 0.4%. Note, that Canadian Retail Sales was released at the same time with the Canadian Core Retail Sales.
The Statistics Canada notes: "Retail sales increased for the third consecutive month in November, rising 0.2% to $50.1 billion. Sales were up in 6 of 11 subsectors, representing 37% of total retail trade. After removing the effects of price changes, retail sales in volume terms increased 0.3%."
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| Historical Data Table: Core Retail Sales m/m | Economic Calendar for 24.01.2019 | ||||||||
| Date | 21.12.2017 | 25.01.2018 | 22.02.2018 | 22.08.2018 | 23.01.2019 | 12:45 AM | EUR Main Refinancing Rate | ||
| Actual | 0.80% | 1.60% | -1.80% | -0.10% | -0.60% | 13:30 PM | EUR ECB Press Conference | ||
| Forecast | 0.40% | 0.80% | 0.10% | 0.10% | -0.40% | 16:00 PM | US Crude Oil Inventories | ||
| Initial Reaction on Main Pairs | Open Position Proportions on 24.01.2019 | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/CAD | 0.94933 | 0.94997 | 0.07% | AUD/CAD | 70.64% | 29.36% | |||
| CAD/CHF | 0.74898 | 0.74837 | -0.08% | CAD/CHF | 70.91% | 29.09% | |||
| EUR/CAD | 1.51329 | 1.51456 | 0.08% | EUR/CAD | 45.53% | 54.47% | |||
| USD/CAD | 1.33146 | 1.33276 | 0.10% | USD/CAD | 27.90% | 72.10% | |||