Forex Flash: US Retail Sales to rebound in November on motor vehicle sales – TD Securities

FXstreet.com (Barcelona) - With the Fed and its monetary policy out of the way, the US economic calendar will have as highlight the Retail Sales report on Thursday. "Retail sales is expected to rebound in November on a headline and core basis, with the strong rebound in motor vehicle sales more than compensating for the falling gasoline sales", wrote Alvin Pontoh, analyst at TD Securities, in line with consensus on headline at +0.3% m/m and seeing small upside risks to the ex-autos and gas figure.