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Canada Wholesale Sales MoM

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Canada Wholesale Sales MoM

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Status

 
Latest Release
Jul 24, 2017
Actual
0.9%
Forecast
0.5%
Previous
0.8%
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
Canada Wholesale Sales MoM
 
Release Date Time Actual Forecast Previous
Aug 21, 2017 (Jun) 08:30   -0.4% 0.9%
Jul 24, 2017 (May) 08:30 0.9% 0.5% 0.8%
Jun 20, 2017 (Apr) 08:30 1.0% 0.5% 1.2%
May 23, 2017 (Mar) 08:30 0.9% 0.9% 0.3%
Apr 24, 2017 (Feb) 08:30 -0.2% -1.0% 3.0%
Mar 20, 2017 (Jan) 08:30 3.3% 0.4% 0.3%

News

Canadian wholesale sales -0.2% vs. -1.0% forecast
Canadian wholesale sales -0.2% vs. -1.0% forecast By Investing.com - Apr 24, 2017

Investing.com - Canadian wholesale sales fell less-than-expected last month, official data showed on Monday.In a report, Statistics Canada said that Canadian wholesale sales fell to a seasonally ...

Analysis

Kathy Lien
Dollar Snaps Back But Gains May Not Last By Kathy Lien - Jul 24, 2017 2

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar started the week firmer against many currencies including the euro, Japanese yen and New Zealand dollar. After...

Kathy Lien
Post RBNZ Trades Plus GBP, CAD Opportunities By Kathy Lien - Jun 21, 2017 5

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It was another active day in the foreign-exchange market with the greenback, sterling and Canadian dollar experiencing wild ...

Boris Schlossberg
Cable Crumbles On Carney Comments By Boris Schlossberg - Jun 20, 2017

Market Drivers June 20, 2017 Carney- No rate hikes High yielders lead Nikkei 0.81% Dax 0.35% Oil $45/bbl Gold $1248/oz. Europe and Asia:AUD RBA MinutesEUR GE PPI -0.2% vs. -0.1%EUR CA 22B vs. ...

Wholesale Sales (MoM) Discussion

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All Comments (10)
Sam Schmidt
Sam Schmidt Aug 20, 2014 3:04PM GMT
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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
Sam Schmidt Aug 20, 2014 2:22PM GMT
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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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Gustavo Damasio
Gustavo Damasio Aug 20, 2014 12:48PM GMT
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Why USD/CAD went down if the Actual Data was bearish for CAD?
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Bonaventura Hasta
Bonaventura Hasta Aug 20, 2014 1:16PM GMT
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if I see other data the forecast is 0.4
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Gustavo Damasio
Gustavo Damasio Aug 20, 2014 1:48PM GMT
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Where did you see other data?
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Milutin Kazic
Milutin Kazic Aug 20, 2014 12:39PM GMT
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USD weakens badly... take a peek at XAU
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Jack Sprat
Jack Sprat Aug 20, 2014 12:32PM GMT
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bearish yet usd/cad is going down why.
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Lukasz Mikolajewski
Lukasz Mikolajewski Aug 20, 2014 12:52PM GMT
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good question i ask to wtf? i make rollover action
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Jack Sprat
Jack Sprat Aug 20, 2014 12:17PM GMT
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up or down
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NOB BINARY CAPITAL
NOB BINARY CAPITAL Aug 20, 2014 2:01PM GMT
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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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