Retail sales data comes out on Tuesday in the U.S.. So far, chain store sales performed well in the week ending May 12 with the ICSC-Goldman Sachs weekly U.S. retail chain store sales index growing 4.5% on the year and the Johnson Redbook retail sales index increasing by 3.7% on the year.

FORBES: The Week Ahead: All Eyes On Europe's Escalating Crisis

U.S. economic data due for release Tuesday includes the weekly Goldman Sachs chain store sales index, the weekly Johnson Redbook retail sales report, the Case-Shiller home price index, the consumer confidence index, new residential home sales and the Richmond Fed business activity survey.

FORBES: Comex Gold, Silver Steady-Weak on Mild Profit Taking

U.S. economic data due for release Tuesday includes the weekly Goldman Sachs chain store sales index, the weekly Johnson Redbook retail sales report, new residential sales and the Richmond Fed business activity index.

FORBES: Comex Gold Backs Off on Profit Taking After Scoring New High of $1,917.90