August 2016 US retail sales

  • Prior 0.0%. Revised to 0.1%

  • Ex-autos -0.1% vs 0.2% exp m/m. Prior -0.3%. Revised to -0.4%

  • Ex-autos/gas -0.1% vs 0.3% exp m/m. Prior -0.1%

  • Control group -0.1% vs 0.4% exp m/m. Prior 0.0%. Revised to -0.1%

Retails worse than expected and that's sunk the buck. We've been steadied somewhat by the better Philly Fed numbers.