Canada core retail sales tanked 0.6% month-on-month in April

The official data released in Canada on Friday showed core retail sales in May fell 0.6%, missing the estimate of a 0.3% rise. The headline figure came-in at 0.1%, missing the estimate of a 0.7% rise.
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GBP/USD: consolidating in a narrow range – Scotiabank

Eric Theoret, CFA, CMT, Currency Strategist at Scotiabank, notes that GBP/USD is quiet, consolidating within a relatively narrow range following Thursday’s rally to fresh multi-month highs, with short-term technicals pointing towards a bullish outlook.
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