Canada’s retail sales declined -0.4% mom in December to CAD 70.0B, slightly better than the -0.5% drop expected. The pullback marks a modest softening in year-end consumer activity, though the headline miss was not as severe as feared. Core retail sales, which exclude gasoline and motor vehicles, fell -0.3% mom, weighed heavily by a sharp […]
The post Canada retail sales slip -0.4% mom in December, January rebound expected appeared first on ActionForex.
In September 2025, McDonald’s CEO Chris Kempczinski sounded the alarm about new customer behavior. Kempczinski highlighted a “two-tier economy” that’s fundamentally changing how people eat. The CEO observed a stark divide in the brand’s customer Read more…
An economic downturn in the furniture retail sector has resulted in major home furnishing companies closing stores and filing for Chapter 11 bankruptcy protection to reorganize their businesses. The furniture industry has cited declining sales, Read more…
Market focus remains on oil as the week kicked off with prices surging to USD120 per barrel. They declined quickly again but remain elevated around USD100. The IEA’s announcement of a record release of 400 Read more…