CAD: Retail sales and CPI data in sight – BBH

FXStreet (Delhi) – Research Team at BBH, suggests that Canada reports retail sales and CPI in today’s session.

Key Quotes

“The consensus expects a 0.2% rise in headline sales and 0.4% excluding autos. The risk is on the downside. The headline rate may firm to 1.7% from 1.4% while the core is expected to be steady at 2.0%. Regardless of the data, if the markets can retain the better tone, it will likely encourage buyers to return after seemingly taken an extended New Year’s holiday.”