China's manufacturing activity continued to contract for the fourth consecutive month in June, a private survey from HSBC showed.
Sales of previously owned homes rose to the highest level in more than five years in May, the latest sign that housing and overall economic growth were gaining momentum in the second quarter.
A ray of hope emerged in what seemed an endless standstill over the Greek debt situation.
The Bank of Japan kept intact its massive monetary policy stimulus and its optimistic outlook for the world's third biggest economy, signalling its belief that Japan's economy will gain momentum enough to lift inflation to its 2% goal without extra monetary easing.
Canada's inflation unexpectedly accelerated in May, led by increasing food prices. Canada's annual inflation rate ticked up to 0.9% from 0.8% in April, but remained below the lower end of the Bank of Canada's 1% to 3% target band, according to Statistics Canada.
San Francisco Federal Reserve President John Williams believes that the US central bank should hike interest rates from near-zero twice this year if economic data meet expectations, highlighting that a delay of a hike for too long poses risks to the world's number one economy.
The Greek Government presented a new reforms package to its international creditors to finally reach a compromise and seal a deal before an extraordinary summit of Eurozone finance ministers in Brussels later today.
Euro zoneThe Euro zone inflation returned firmly to green territory in May, as the ECB's quantitative easing programme has started to produce desired results. Euro area's annual inflation came in at 0.3% in May 2015, up from 0.0% in the preceding month. On a monthly basis, prices in the bloc climbed 0.2%, after flat growth seen in April. Despite some
The Swiss National Bank kept intact its policy of negative interest rates and penalties for holding Swiss francs in cash.
British retail sales unexpectedly rose in May, driven by sales of food and gasoline, as spending on clothing dropped.
US consumer inflation recorded the largest monthly rise in May in more than two years, a sign inflationary pressures have started to build in the world's number one economy.
The International Monetary Fund said Greece will not be given extra time to meet its financial obligations, if it fails to make a repayment on June 30.
New Zealand's economy slowed considerably in the first quarter of the year as drought hurt farming, diminishing dairy output, while low prices hit oil production and exploration, leaving the Reserve Bank of New Zealand with room for further monetary policy easing.
Canada's wholesale trade rose for a second consecutive month in April, beating economists' projections more than six times.
While the UK unemployment rate remained steady at 5.5%, the lowest level since 2008, British workers' total pay increased more than expected to reach its fastest rate in almost four years in three months through April.
Referring to an improving economy, the Fed signalled that it is on track to hike all-time low interest rates as early as September. Yet, the rates are likely to rise more gradually than it was previously thought.
The Euro zone inflation returned firmly to green territory in May, as the ECB's quantitative easing programme has started to produce desired results.
New Zealand's current account deficit shrank in the beginning of the year amid lower oil prices and a decline in overseas spending.
Japan's trade deficit expanded in May, while imports plunged, and exports grew at the slowest pace in nine months.
British inflation turned positive again in May after sliding below zero in the preceding month for the first time in 55 years.
US housing starts declined in May following a hefty increase the preceding month.
German investor confidence declined for a third consecutive month in June amid uncertainty over the Greek debt default.
The Reserve Bank of Australia will continue thoroughly monitor economic developments in the coming months to assess whether further monetary policy stimulus are needed, as economic growth and business investment remains weak.
Swiss producer and import prices decreased for the twentieth consecutive month in May, falling by 6% on the annual basis, posting worse than an expected decline of 2.1% and following the drop of 5.2% in the prior month.