Canada's leading indicators for May and retail sales data for April are due out at 8:30 am ET. Retail sales are expected to slow to 0.2 percent in April from 0.4 percent growth recorded in the previous month. Leading indicators rose 0.3 percent in April.
The Canadian dollar paused its recent rally against its major rivals ahead of the data. As of 8:26 am ET, the loonie was trading at 1.2910 against the euro, 78.60 against the yen and 1.0195 against the greenback.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.