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Canada Wholesale Sales MoM

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Canada Wholesale Sales MoM

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Status

 
Latest Release
Sep 21, 2017
Actual
1.5%
Forecast
-0.9%
Previous
-0.6%
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
Oct 23, 2017 (Aug) 08:30     1.5%
Sep 21, 2017 (Jul) 08:30 1.5% -0.9% -0.6%
Aug 21, 2017 (Jun) 08:30 -0.5% -0.4% 1.0%
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%

News

Forex - USD/CAD Rises to 2-Week Highs after U.S. Data, Fed
Forex - USD/CAD Rises to 2-Week Highs after U.S. Data, Fed By Investing.com - Sep 21, 2017

Investing.com - The U.S. dollar rose to a two-week high against its Canadian counterpart on Thursday, supported by upbeat U.S. data and news of a potential rate hike by the Federal Reserve by the end ...

Analysis

Kathy Lien
AUD Crashes, EUR, GBP, CAD In Play By Kathy Lien - Sep 21, 2017 8

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Consolidation was the theme of the day after Wednesday’s big moves in currencies. The only action was in the Australian ...

JustForex
Fed Strengthens U.S. Dollar By JustForex - Sep 21, 2017

The Fed, as expected, kept the range of the key interest rate at the previous level of 1.00-1.25%. The regulator plans to begin reducing the volume of government securities on the balance sheet in ...

ORBEX
U.S. Dollar Remains Weak, But Trades Flat By ORBEX - Aug 22, 2017

The US dollar gave up the gains with price action trading rather subdued. Lack of any clear market movers and the upcoming Jackson Hole Symposium saw traders taking a breather. Economic data yesterday...

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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