Canadian Wholesale Sales MoM Final (Nov) M/M -1.8% vs. Exp. 0.1% (Prev. 0.1%)
The Canadian wholesale sales for November came in significantly below expectations, declining 1.8% versus an estimated increase of 0.1%.
Fed's Goolsbee (2028 Voter) says he's not surprised by low initial jobless claims numbers; Chicago Fed data showed stability in the labour market
US CPC says a transition to ENSO neutral conditions likely early 2026
Canadian Wholesale Sales MoM Final (Nov) M/M -1.8% vs. Exp. 0.1% (Prev. 0.1%)
Argentina's Economic Minister announces that they have approved USD 665mln gold mining project for Minas Argentina's under RIGI Scheme, via sources
US Republican Hill spoke to Fed's Powell after subpoenas; Fed and House Financial Services Committee working on data of Powell semi-annual testimony
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This miss not only breaks the recent trend but may also signal softer economic activity, potentially influencing monetary policy considerations going forward.
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