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April Retail Sales Preview - 08:30......>

CANADA DATA
CANADA DATA: April Retail Sales Preview - 08:30 EDT
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- MNI Median MoM +0.5%, prior +1.1% MoM.
- MNI Median ex-autos MoM +0.2%, prior +1.7% MoM.
- Prior headline sales +2.6% YoY.
- March posted largest gain since May 2018...
- ...April growth expected to taper as recent momentum seen as unsustainable.
- Key point to watch is gasoline sales and prices vs. demand for other products.

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