Canada retail sales increased 0.5% in April
Canada’s retail sales rose 0.5% in April, driven by various factors.
The prior month’s sales were up 0.9%.
The advanced April reading was initially expected to be 0.6%.
Other notable market movements include a 15% boost in MRNA stock and a drop in Brent crude prices by 8% weekly, with Citi predicting $60-$65 per barrel by 2027.