US retail sales News

US retail sales edged higher in August, helped by gains in auto sales, according to Commerce Department data released Tuesday.

Asian markets mostly retreated, however, the euro added to recent gains after data showing the eurozone economy picking up,

Spot gold ticked 0.2% lower,but remains near a five-week high of $1,218.80.

Asian stocks were mostly higher on Monday morning as investors cheered a last-minute deal to extend Greece`s bailout by four months, giving Athens a lifeline to pay its bills and avoid a damaging default.

Asian stocks mostly edged up on Thursday after a significant rebound in oil and copper prices brought a semblance of calm, while the dollar regained ground lost on disappointing US retail sales.

Wall Street stocks dropped Wednesday on a bruising day for global markets following a disappointing US retail sales report and a weak global economic forecast from the World Bank.

U.S. stocks dropped on Wednesday, putting equities on pace for their fourth straight losing session as a World Bank forecast sparked concerns about weak economies and U.S. retail sales for December missed expectations.

US retail sales and jobless claims data showed a strengthening economy Thursday, but prices for exports and imports both fell, signalling little added inflationary pressure in the past month.