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Canada Wholesale Sales MoM

Latest Release

Apr 16, 2021

Actual

-0.7%

Forecast

-0.4%

Previous

4.0%

Wholesale Sales measures the change in the total value of sales at the wholesale level. It is a leading indicator of consumer spending.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

Importance:

Country:

Currency: CAD

Source: Statistics Canada

Release Date	Time	Actual	Forecast	Previous
May 14, 2021 (Mar)	08:30		1.0%	-0.7%
Apr 16, 2021 (Feb)	08:30	-0.7%	-0.4%	4.0%
Mar 12, 2021 (Jan)	09:30	4.0%	5.0%	-1.3%
Feb 12, 2021 (Dec)	09:30	-1.3%	-1.5%	0.7%
Jan 19, 2021 (Nov)	09:30	0.7%	1.0%	1.0%
Dec 16, 2020 (Oct)	09:30	1.0%	0.9%	-0.1%

News

Forex - USD/CAD Slips Lower Despite Weak Canadian Data

Forex - USD/CAD Slips Lower Despite Weak Canadian Data By Investing.com - Jan 22, 2018

Investing.com - The U.S. dollar slipped lower against its Canadian counterpart on Monday, despite the release of downbeat Canadian data as the U.S. government shutdown continued to dampen demand for...

Forex - USD/CAD Slips Lower After Upbeat Canadian Data

Forex - USD/CAD Slips Lower After Upbeat Canadian Data By Investing.com - Dec 20, 2017

Investing.com - The U.S. dollar slipped lower against its Canadian counterpart on Wednesday, as upbeat Canadian data lent support to the local currency, while progess on the U.S. tax reform front did...

Canadian Wholesale Sales Register Stronger Than Expected Rebound in October

Canadian Wholesale Sales Register Stronger Than Expected Rebound in October By Investing.com - Dec 20, 2017

Investing.com - Canadian wholesale sales rebounded more than forecast in October, bolstering optimism over the Canadian economy, official data showed on Wednesday. In a report, Statistics Canada said...

Analysis

CDN Slips, Wholesales Sales Next By Kenny Fisher - Feb 12, 2021

The Canadian dollar has posted considerable losses in the Friday session. Currently, USD/CAD is trading at 1.2746, up 0.34% on the day.US dollar flexes musclesThe US dollar is showing some strength on...

Weekly Outlook: CPI and GDP Figures, Fed’s Monetary Policy Report By JFD Team - Feb 08, 2021

We will have a busy calendar, starting from Wednesday. China, Germany, Norway and the US will be releasing their inflation numbers. The Fed’s Monetary Policy Report will be delivered on Thursday. On...

Week Ahead: Stimulus Battle Continues By Craig Erlam - Feb 07, 2021

A lively start to the year It’s been a surprisingly lively start to the year, with recent weeks being dominated by retail traders taking on hedge funds and showcasing the power of social media....

Wholesale Sales (MoM) Discussion

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All Comments (6)

Sam Schmidt Aug 20, 2014 11:04AM ET

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Well I guess it's inevitable that there are occasional screw-ups with the data. Guess the only thing we can do is to double-check all figures with different sources (ie., ForexFactory.com)! They had the right forecast over there, which finally solved my "puzzle" of why CAD strengthened. At least Investing.com got the correct print.

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Sam Schmidt Aug 20, 2014 10:22AM ET

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Well I guess it's inevitable that there are occasional screw-ups with the data. Guess the only thing we can do is to double-check all figures with different sources (ie., ForexFactory.com)! They had the right forecast over there, which finally solved my "puzzle" of why CAD strengthened. At least Investing.com got the correct print.

0 0

Gustavo Damasio Aug 20, 2014 8:48AM ET

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Why USD/CAD went down if the Actual Data was bearish for CAD?

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Bonaventura Hasta Aug 20, 2014 8:48AM ET

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if I see other data the forecast is 0.4

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Gustavo Damasio Aug 20, 2014 8:48AM ET

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Where did you see other data?

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Milutin Kazic Aug 20, 2014 8:39AM ET

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USD weakens badly... take a peek at XAU

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Jack Sprat Aug 20, 2014 8:32AM ET

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bearish yet usd/cad is going down why.

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Lukasz Mikolajewski Aug 20, 2014 8:32AM ET

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good question i ask to wtf? i make rollover action

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Jack Sprat Aug 20, 2014 8:17AM ET

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up or down

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NOB BINARY CAPITAL Aug 20, 2014 8:17AM ET

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Pple why does the trend differ from the data. i thught negative data means bearish for the CAD now i see its bullish????? some answers

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1D1W1M6M1Y5YMax

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+2.20 +1.79%

Summary

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Sell 9

Indicators:

Buy 2

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Buy

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Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

%

Summary

Moving Averages:

Buy

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Buy

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%

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

%

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

%

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Moving Averages:

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Buy

Sell

%

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Moving Averages:

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Buy

Sell

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Moving Averages:

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Sell

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Buy

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Moving Averages:

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Sell

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Sell

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Sell

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Sell

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Sell

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Moving Averages:

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Sell

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Moving Averages:

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Sell

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Moving Averages:

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Buy

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Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

%

Summary

Moving Averages:

Buy

Sell

Indicators:

Buy

Sell

124.97

+2.20 +1.79%

Summary

Strong Sell

Moving Averages:

Buy 3

Sell 9

Indicators:

Buy 2

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2,229.04

+28.79 +1.31%

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Moving Averages:

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Moving Averages:

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Moving Averages:

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Sell

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Buy

Sell

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Sell

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Sell

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		Facebook	305.26	Strong Sell
		NVIDIA	546.61	Strong Sell
		Alibaba ADR	206.08	Strong Sell

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Central Banks Rates

	Central Banks		Interest Rates	Next Meeting
		FED	0.00%-0.25%	Jun 16, 2021
		ECB	0.00%	Jun 10, 2021
		BOE	0.10%	Jun 24, 2021
		SNB	-0.75%	Jun 17, 2021
		RBA	0.10%	Jun 01, 2021
		BOC	0.25%	Jun 09, 2021
		RBNZ	0.25%	May 26, 2021
		BOJ	-0.10%	Jun 18, 2021
		CBR	5.00%	Jun 11, 2021
		RBI	4.00%	Jun 04, 2021
		PBOC	3.85%
		BCB	3.50%	Jun 16, 2021