Canada January retail sales +1.1% vs +1.5% expected

Canadian January retail sales data and the advance February readings Canadian January retail sales data and the advance February readings Canadian January retail sales data and the advance February readings Canadian January retail sales data and the advance February readings Canadian January retail sales data and the advance February readings Canadian January retail sales data and the advance… Prior was -0.4% Ex autos +0.8% vs +1.2% expected Prior ex autos +0.1% (revised to 0.0%) Advance February sales +0.9% Sales hit $70. Prior was -0.4% Ex autos +0.8% vs +1.2% expected Prior ex autos +0.1% (revised to 0.0%) Advance February sales +0.9% Sales hit $70.7 billion in January Sales ex autos and gas +0.9% The advance reading tends to be the better signal in this report and the number for February is strong. As for January, vehicles rose 2.0% led by new car dealers. In terms of the core, general merchandise retailers… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.