The Day Ahead: Cdn Retail Sales; U.S. Senator McCain in Ottawa
At 10:00 a.m. EDT, U.S. mass layoffs data for the month of May will be released from the U.S. Bureau of Labour of Statistics. There were 133,914 mass layoffs in April.
In the early afternoon, markets will be attentive to comments from U.S. presidential candidate John McCain speaking in Ottawa on free trade at the Economic Club of Toronto.
8:30 CA Retail Sales (M/M) April Exp.: +0.6% Prior: +0.1%
8:30 CA Retail Sales Less Autos (M/M) April Exp.: +0.6% Prior: 0.0%
10:00 U.S. Mass Layoffs May Prior: 133,914
10:30 CA Canadian Money Supply Y/Y May Prior: +7.3%
13:00-14:00 CA U.S. Senator McCain Speaks in Ottawa
By Erik Kevin Franco and with contributions by Steve Stecyk and edited by Sarah Sussman