Canada: Retail Sales remain unchanged in March vs. 1.4% expected MoM gain

Retail Sales in Canada remains unchanged in March versus a month earlier, the latest report from Statistics Canada on Thursday showed. That was a miss on expectations for a MoM growth rate of 1.4%. 

US: Q1 GDP contracts at an annualised pace of 1.5% versus the 1.3% expected pace of contraction

According to a second estimate by the US Bureau of Economic Analysis, the annualised pace of real GDP growth in Q1 2022 came in at -1.5%, below the fi
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US: Weekly Initial Jobless Claims fall to 210K vs. 215K expected

There were 210,000 initial jobless claims in the US in the week ending on 21 May, according to the latest data from the US Labour Department released
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