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

CANADA DATA
CANADA DATA: July Retail Sales Preview -- 08:30 EDT
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- Total sales MNI median +0.7% vs prior 0.0%.
- That gain would be the biggest in four months.
- Ex-auto sales MNI median +0.4% vs prior +0.9%.
- Higher gasoline prices and a bounce in motor vehicles expected to lead sales
increase.
- Higher gain indicates less slowdown for the economy than the BOC expected for
Q3.

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