October 2018 Canada CPI inflation and September 2018 retail sales data 23 November 2018
- CPI 2.4% vs 2.2% exp y/y. Prior 2.2%
- 0.3% vs 0.1% exp m/m. Prior -0.4%
- Core Common 1.9% vs 1.9% exp y/y. Prior 1.9%
- Core med 2.0% vs 2.0% prior. Revised to 1.9%
- Core trim 2.1% vs 2.1% prior. Revised to 2.0%
- BOC core 1.6% vs 1.5% prior y/y
- 0.4% vs 0.0% prior m/m
Retail sales (Sep)
- 0.2% vs 0.1% exp m/m. Prior -0.1%
- Ex-autos 0.1% vs 0.3% exp m/m. Prior -0.4%
Better data all round but nothing really to shout about. CPI is the news here as it keeps the BOC on the hawkish side of the street. USDCAD dropped to 1.3185 on the kneejerk but is back at 1.3238.
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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