The outlook for U.S. and U.K. monetary policy will be the hot-button issue this week, as the Bank of England will announce its interest rate policy decision, while the FOMC minutes are likely to underline the key short-run issues policy makers are currently pondering including the amount of left-over slack in the labour market and the future of forward guidance
An official data of China's in non-manufacturing sector showed that business activity declined to the lowest level in eight months in September, as an escalating property market slowdown further undermine economy growth and adding pressure on the government to step up stimulus.
The Australian Dollar received a boost from the better than expected data, rebounding from its eight-month low versus the Greenback.
Britain's activity in the construction sector rose at the fastest pace in eight months in September, sparking optimism over the country's economic outlook.
The number of Americans seeking unemployment aid declined last week, adding to signs the U.S. job market continues to show steady progress.
The European Central Bank maintained its interest rates unchanged, while shifted its attention to asset-buying scheme, on which the bank has been pinning hopes to revive the flagging economy.
Activity in the manufacturing sector of China, the second-largest economy in the world, continues to expand; however, the pace of rise remains uncertain, as it balances between advance and decline for a long period of time.
Retail sector in Australia posted a slower-than-forecasted advance in August, raising concerns about country's ability to reach sustainable economic growth in the foreseeable future, as in times of decline in mining industry consumer spending is expected to be the main driver of recovery in Australia.
Production sector of the United Kingdom, which accounts for just more than 10% of country's economy, advanced at its slowest pace in September of this year since June 2013.
The total number of new added jobs in the United States surged in September, as economy is growing, fuelling sentiment among businesses and forcing them to employ more staff.
Manufacturing industry in Germany declined in September for the first time in 14 months, as new orders dropped at producers, which have tight links with Russian market, while they suffer from economic sanctions.
Economy of Canada continued to perform well in July of this year, helped by supportive monetary policy of the Bank of Canada, as well as manufacturing and public sector industries.
The economy of Switzerland is likely to advance further in the nearest future, even though sanctions from Russia and sluggish growth in the Eurozone, the main Swiss trade partner, are creating some negative pressure.
According to Nationwide Building Society, property prices in the United Kingdom registered the first decline since May 2013, as they slipped 0.2% in September, calculated month-on-month.
Business activity in the Midwest region of the U.S. remains very optimistic; however, pace of expansion decreased slightly in September.
Retail sales in the largest economy of the Eurozone surged 2.5% in August of this year, while economists expected a slight improvement of 0.6%.
According to preliminary data, industrial output in Japan declined 1.5% in August on a monthly basis; however, analysts expected the indicator to increase 0.2% after a 0.4% gain in July.
Approvals for new mortgages in the United Kingdom decreased more than expected in August of this year, as the Bank of England's measures to prevent bubble on the housing market seem to have started working.
Consumer spending in the United States increased during the previous month, as rising employment raised sentiment among consumers about future perspectives of their personal finances.
Consumer prices in Spain continued to decrease in September; however, the pace of downward movement improved from previous month. S
Economic activity in China continued to increase in August of current year; however, the pace of advance slowed from two previous months.
Consumer price index in the world's third largest economy declined further in August, as year-on-year prices' increase reached 1.1%, not taking into account the rise in sales tax back in April of this year.
Economic growth in the United States was revised to the upside for second quarter of this year, as the pace of increase reached its largest level since October-December quarter of the year 2011.
Consumer confidence level in Germany, the largest economy of the Eurozone, dropped for the second consecutive month in a row in October, as geopolitical crisis in Eastern Ukraine and sanctions from Russia are weighing on both consumer and business sentiment.