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Canada Wholesale Sales MoM

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Canada Wholesale Sales MoM

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Nov 22, 2021
Actual
1.4%
Previous
1.0%
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
Canada Wholesale Sales MoM
 
Release Date Time Actual Forecast Previous
Dec 16, 2021 (Oct) 08:30   1.1% 1.0%
Nov 22, 2021 08:30   1.4%   1.0%
Nov 15, 2021 (Sep) 08:30 1.0% 1.1% 0.3%
Oct 25, 2021 07:30   1.1%   0.3%
Oct 15, 2021 (Aug) 07:30 0.3% 0.5% -2.1%
Sep 16, 2021 (Jul) 07:30 -2.1% -2.0% -0.8%

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...

Analysis

Kenny Fisher
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...

Wholesale Sales (MoM) Discussion

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All Comments (6)
Sam Schmidt
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.
Sam Schmidt
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.
Gustavo Damasio
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?
Bonaventura Hasta
Bonaventura Hasta Aug 20, 2014 8:48AM ET
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if I see other data the forecast is 0.4
Gustavo Damasio
Gustavo Damasio Aug 20, 2014 8:48AM ET
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Where did you see other data?
Milutin Kazic
Milutin Kazic Aug 20, 2014 8:39AM ET
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USD weakens badly... take a peek at XAU
Jack Sprat
Jack Sprat Aug 20, 2014 8:32AM ET
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bearish yet usd/cad is going down why.
Lukasz Mikolajewski
Lukasz Mikolajewski Aug 20, 2014 8:32AM ET
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good question i ask to wtf? i make rollover action
Jack Sprat
Jack Sprat Aug 20, 2014 8:17AM ET
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up or down
NOB BINARY CAPITAL
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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