Canada: Retail Sales Decline for the Second Consecutive Month amid Tariff Storm - Action Forex

Dip in February retail sales strengthens case for another BoC rate cut - Mortgage Rates & Mortgage Broker News in Canada

A second straight monthly decline in Canadian retail sales is adding to expectations that the Bank of Canada will ease interest rates in June.

Canada: Retail Sales Decline for the Second Consecutive Month amid Tariff Storm - Action Forex

Retail sales contracted by 0.4% month-on-month (m/m) in February, in line with the Statistics Canada’s advanced estimate. After adjusting for inflation, the volume of retail sales posted a 0.4% m/m decline. The biggest drag came from motor vehicle and parts dealers, where sales fell 2.6% m/m, building on January’s weakness. Ex-autos, sales were flat. Receipts […] The post Canada: Retail Sales Decline for the Second Consecutive Month amid Tariff …

A quiet end to the week leaves trade talks in focus - Monex Canada

CAD The focus for loonie traders today also comes in the form of retail sales readings. In the Canadian case, however, these are projected to fall -0.4% MoM in February, coming on the back of -0.6% the month prior. Granted, much of this is expected to be a product of falling auto sales, with the ex-auto measure seen posting a more muted -0.2% decline. Even so, given that this set of prints coincided with an escalation in US-Canada trade tensions…