RETAIL SALES

Surging demand from China, the world's second-largest gold buyer, is changing seasonal patterns in Gold Price trends for investors everywhere. At this current pace, private Chinese demand may overtake India's by 2014 (if not sooner).

The eurozone’s economic sentiment rose to three-year high in November, despite concerns over the sovereign debt crisis in some countries in the region.

Despite the big build-up, retail sales on Black Friday were rather tepid. According to data from ShopperTrak, sales edged up a mere 0.3 percent from the same day last year.

The Bank of Japan (BoJ) Governor Masaaki Shirakawa said on Monday expanding the asset purchase fund could be an option if the economy worsens beyond the central bank's expectations, even as government data showed retails sales in October fell unexpectedly.

The U.S. online retail sector delivered double digit growth on Black Friday 2010 compared with the year-ago levels, according to a report from IBM. The findings showed that online sales rose 15.9 percent, with consumers pushing the average order value up 12.1 percent to $190.80.

As the stock market focuses its gaze upon the holiday shopping season, two of the most prominent companies in the retail sector that may attract much attention are Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT).

Beginning well before midnight on Thursday, in malls throughout the nation, the lifeblood of the American economy – the consumers – will start queuing up outside the locked entrances of various retail stores, forming longer and longer lines, clutching ads and lists and coupons, sipping coffee and hot chocolate, rubbing their hands and stomping their feet for warmth, exciting each other with anticipatory chatter, and waiting, waiting for the clock to strike the appointed hour, the clerk to open ...

comScore (NASDAQ: SCOR), an internet marketing research company, said it expects online shopping to increase by 11 percent this holiday season.

UK economy grew in the third quarter, boosted mainly by a strong increase in exports of goods and services.

Growth of the U.S economy is expected to remain sluggish next year as the nation suffers from high employment, high public debt, and rising commodity prices, says a report.

Retail sales in October picked up pace, and brightened the outlook for year-end shopping as purchases rose 1.2%, the highest in the last seven months.

As “Black Friday” approaches next week, U. S. retailers are expecting a strong holiday season – at least, compared to the dismal performance of the past two years.

Staples Inc., the world's largest office products company, reported 7 percent rise in quarterly profit, which also came in above market estimates, as it managed to keep a lid on its costs.

Retail sales in the U.K. rose by 0.5 percent for the first time in three months during October, according to a report by the Office for National Statistics.

OnLive, a video game streaming company, will begin selling its small gaming console on Thursday for a promotional price of $99.

Target Corp, the No.2 discount chain in U.S. behind Walmart, reported 23 percent rise in its quarterly profit as the retailer's attractive discount schemes have drawn more shoppers to its stores.

U.S. industrial output remained unchanged in October, following a drop for the first time in September since the recession ended in June 2009, the Federal Reserve data showed on Tuesday.

S&P 500 Index is down 10.42 points, or 0.85 percent, to trade at 1,187.57 at 09:53 a.m. EDT. The Dow Jones Industrial Average lost 99.57 points, or 0.89 percent, to trade at 11,102.40. The Nasdaq Composite Index fell 0.72 percent.

Retail giant Walmart reported 9 percent growth in its quarterly profit on strong sales at its international operations and raised its fiscal 2011 earnings outlook.

Futures on major U.S. stock indices point to lower opening on Tuesday, with futures on the S&P 500 down 0.59 percent, futures on the Dow Jones Industrial Average down 0.54 percent and Nasdaq100 futures down 0.75 percent.

German sportswear giant Adidas announced on Monday to open more than 2,500 stores in smaller Chinese cities by 2015 aiming to tap the middle class market.