EM Asian currencies likely to advance somewhat temporarily versus dollar due to dropped DXY Index, says Scotiabank
U.S. retail sales likely to have grown 0.3 pct in August
U.S. retail sales data for the month of August is set to release tomorrow. According to a TD Economics research report, retail sales are likely to have risen 0.3 percent, a slowdown from 0.7 percent recorded in the prior month. The key control group is likely to have recorded a growth of 0.4 percent sequentially.
A stable rise in core sales and a small recovery in auto purchases should more than counter a fall in sales at gasoline stations, which shows a marked fall in gasoline prices in August, added TD Economics.