Canada June 2018 CPI data on 20.07.2018

  • prior 1.3%
  • Core CPI MoM 0.1 % vs 0.3% exp, prior -0.1%, revised to 0.0%
  • CPI MoM 0.1% vs 0.1% exp, prior 0.1%
  • CPI YoY 2.5% vs 2.4% exp, prior 2.2%
  • Trimmed CPI 2.0 % vs 1.9% prior
  • CPI median 2.0% vs 1.9% expected

Gross CPI beats, together with  small core revision. Helped by better retail sales USDCAD sinks to the fist decent support at 1.3150/60

K-man
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