Canadian retail sales dive 0.6% in July against expectations for a 0.3% decline. Excluding...

|By:, SA News Editor

Canadian retail sales dive 0.6% in July against expectations for a 0.3% decline. Excluding autos, sales were flat vs. forecasts for a 0.2% increase. It's another in a string of weak economic data from Canada and futures markets have shifted from pricing in rate hikes to expecting cuts. The loonie -2.7% and buying $0.9661.