The current account of the 17-nation economy widened more than preliminary was estimated, due to an increase in trade, the European Central Bank said Friday.
Dr. Jeremy Stein, the Fed Board member, raised an issue of liquidity regulation at the Richmond Fed's 2013 Credit Markets Symposium.
Lending to Britain's businesses continued deteriorating in February, even despite all efforts done by both the Bank of England and the Treasury to boost lending to spur the flagging economy.
During the G-20 meeting the Governor of the Bank of Japan Haruhiko Kuroda reiterated that recent bold actions introduced by the BoJ are not aimed at the depreciation of the Yen.
Canada price pressure eased last month, due to a drop in gasoline prices, further underlining how little pressure there is on the Bank of Canada to raise rates any time soon.
Confidence among Australian businesses, excluding the farming industry, rose sharply in the first quarter of 2013, as record-low interest rates lifted the economy, the National Australia Bank said Thursday.
Yesterday at the Group of 20 nations meeting the Bank of Japan Governor Haruhiko Kuroda reiterated that the unprecedented monetary policy easing implemented earlier was meant for domestic purposes only, with the main aim being achievement price stability and meeting the 2% goal within two years.
Sales in Britain's retailers fell more than preliminary was estimated in March, as cold weather during the month depressed purchases of clothing and household goods.
The number of Americans seeking unemployment was little changed last week, easing fears of a marked deterioration in the labour market conditions after a surprise stumble in job growth last month.
The Bundestag lower house voted overwhelmingly on Thursday to grant Cyprus a 10 billion euro bailout, in order to avert bankruptcy for the tiny Mediterranean island nation and keep it in the Eurozone.
Economic expectations in Switzerland soared to the three-year high in April, rebounding from previous month slowdown and continuing its race to catch up, which had started in October 2012.
Japan posted the ninth consecutive monthly trade deficit of 362.4 billion yen ($3.69 billion) in March, as weak Yen pushed up import prices, whereas declines in the nation's currency made exported products more competitive in foreign markets.
Britain's unemployment rate edged higher in the three months to February, while the number of people asking for jobless benefits unexpectedly dropped in March, sending mixed signals about nation's labour market.
The unemployment rate in the world's largest economy is expected to fall to 7.0% level by the end of this year, James Bullard, president of the Federal Reserve Bank of St. Louis said Wednesday.
The European Central Bank now expects the 17-nation economy to recover gradually in the second half of this year, however, risks are high and the outlook can be revised, Mario Draghi said.
Japan's consumer confidence rose for a third consecutive month in March to the highest level in almost six years, according to data released by the Economic and Social Research Institute Wednesday.
Producer and imports prices in Switzerland remained flat in March from a month earlier, and fell slightly on a yearly basis, reflecting manufacturers' concerns about future economic performance of the country.
Britain's consumer prices held steady last month, extending its run above the Bank of England's target of 2% and maintaining a squeeze on consumers.
Consumer inflation pressures eased in March, while industrial output in the U.S. fell, suggesting the Fed should continue its stimulus programme in order to boost growth in the world's largest economy.
Confidence among German investors plunged more than initially was estimated in April, amid fears about the finances of Slovenia, Portugal and Italy.
Switzerland is expected to reject the EU scheme for mandatory data exchange on bank accounts, said Ueli Maurer, the country's President.
Japan's industrial production improved for a third consecutive month, suggesting a weaker Yen and gains in share prices helped improve firms' production activity.
Britain's home sellers increased asking prices for a fourth month in a row in April, amid a shortage of properties for sale, according to Rightmove Plc.
Homebuilder confidence in the U.S. unexpectedly fell for a third consecutive month in April, subdued by increasing costs for materials and financing restrictions.