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.

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