Loading…

Canadian retail sales fell 0.8% month on month in July, after a 1.6% gain in June, reflecting uncertainty over US tariffs. The Canadian dollar edged higher, with USD/CAD trading near 1.3820.
US jobless claims also fell to 231,000.
Weak Canadian consumer data has little direct effect on feed commodity supply or demand. Currency moves linked to it are small and affect Canadian export pricing only marginally.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.