Canada is set to release its retail sales report for March at 8:30 am ET. Retail sales growth are expected to have slowed to 0.1 percent month-on-month in March following 0.8 percent growth recorded in February. Stripping out autos, sales are expected to ease to 0.1 percent from last month's 0.7 percent growth.
The Canadian dollar held steady against its major counterparts ahead of the report. As of 8:25 am ET, the loonie was trading at 1.03 against the greenback, 100.05 against the yen and 1.3313 against the euro.
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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.