• Higher than forecast Canadian CPI 0.6% vs +0.5% forecast, core +0.4% vs +0.3% forecast 
  • Would normally lift the Loonie, not today, USD/CAD paid at 1.2290, back off to 82  
  • Retail sales appalling, -0.1% vs +0.7% forecast, ex-autos worse, -0.6% vs +0.3% forecast
  • More worrying – April data, offset was a +0.2% revision to March data (both) 

The material has been provided by InstaForex Company – www.instaforex.com