Canada: Retail Sales to tick higher in July – Scotiabank

Analysts at Scotiabank offer a brief preview on what to expect from Friday’s Canadian Retail Sales data that will drop in at 1230 GMT.
Key Quotes:
“Sales are expected higher for the month.
Two expected drivers include higher gasoline prices that were up by about 3-4% m/m, and higher auto sales.”
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















