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Canadian Retail Sales MoM Final (Dec) M/M -0.4% vs. Exp. -0.5% (Prev. 1.2%, Rev. From 1.3%, Low. -0.5%, High. 0.4%)

Canadian retail sales for December showed a month-over-month decline of 0.4%, which is better than the expected drop of 0.5%, suggesting a slightly stronger consumer spending environment than anticipated.

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Canadian Retail Sales MoM Final (Dec) M/M -0.4% vs. Exp. -0.5% (Prev. 1.2%, Rev. From 1.3%, Low. -0.5%, High. 0.4%)

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This modest beat could influence perceptions of economic resilience, potentially affecting rate outlooks and market sentiment towards the CAD as it may indicate less urgency for easing measures.

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