At 14:30 (GMT+2), May retail sales data will be released in Canada. The indicator monthly records the volume of all goods sold by retailers based on samples of stores of different types and sizes. It is an important indicator of consumer spending and significantly impacts the gross domestic product (GDP). It is expected that the May indicator will correct from 1.1% to 0.5%, and the core value will fall from 1.3% to 0.4%. Implementation of the forecast may put pressure on the Canadian dollar.
