Canada March 2018 retail sales data on 18.05.2018

  • prior 0.4%, revised to 0.5%
  • Retail sales ex autos MoM -0.2% vs 0.5% exp, prior 0.0%

Tad up on the headline but a serious miss on the core. combined with softer than expecteD CPI , Cad back to the open after a relief rally .
Sell Cad on small rallies to be expected going into the weekend if we combine this with no Nafta deal to expected in the immediate future.


Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

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