Canadian wholesale trade rises 0.2% for the month of June
For the month of June wholesale trades rose 0.2% compared to the previous 1.9% and the expected -0.5%.
Despite the rise Statistics Canada reported that much of the rise was accounted for by higher prices that were partly attributable to the CAD’s decline last month.
USD/CAD initially rose but the move was soon reversed as the pair moves lower at the time of writing.
Good afternoon,
RTFX Ltd (“RTFX”) is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX at the time of preparation. They are thus subject to change without notice. RTFX believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX or any director, officer or employee.
