The Bank of Japan has finally admitted the fact the sales tax hike has had a notable negative impact on the world's third biggest economy, as industrial production, a key driver of economic growth, was showing signs of weakness.
According to the National Institute of Economic and Social Research, the U.K. economy slowed somewhat in the third quarter, expanding at a 0.7% rate down from 0.9% in the previous three months, but still slightly above the U.K.'s long-term average.
According to the latest JOLTS report, job openings rose to the highest level in 13 years as employers confidence about the outlook for demand in the world's number one economy improves.
German economic strength is questioned as industrial production plunged by more than economists had expected in August, adding to recent streak of negative data.
For more than a year the Reserve Bank of Australia has held the official cash rate unchanged at 2.5%. Although, the decision was widely expected, the statement of the central bank sent the Aussie Dollar slightly lower.
The Canadian Dollar has started the trading week with gains as the currency strengthened versus its U.S. counterpart on Monday, recovering from the six-month low hit on Friday following stronger-than-expected U.S. jobs data, as Ivey PMI surprised on the upside.
Britain's financial services sector, which accounts for around 31% of the total GDP, surprised to the upside in the third quarter, as output of financial services companies rose the most since 2007, with the momentum to continue its uptrend towards the end of the year, according to a new study of the Confederation of British Industries.
Despite a strengthening U.S. economy and the lowest unemployment rate in six years, Americans' approval rating of President Barack Obama's economic leadership's stands at the lowest level of his presidency, the latest CNBC All-America Economic survey said.
As it was expected, German factory orders turned negative in August, but the actual data appeared to be more discouraging than projected.
The Australian job market improved in September with labour demand gradually recovering, as job advertisements in newspapers and on the Internet surged for a fourth consecutive month in August to reach the highest level in more than one-and-a-half year.
Canada's Dollar slipped to the lowest level in six months versus its U.S. counterpart amid divergent economic developments in the countries, as Canada's boosting export recovery unexpectedly retreated, while bullish U.S. unemployment data pushed the Greenback higher.
The British Pound slid to the lowest level in ten days versus the Euro and a fresh three-week low against the Greenback as data showed activity growth in the U.K. services sector declined more than expected in September.
U.S. unemployment fell below the 6% threshold for the first time since the Great Recession, adding to further evidence the job market has been enjoying the steadiest recovery in U.S. history.
Activity in the Euro zone's services sector continues to decline in September on pessimistic sentiment among the region's member states, recording a decline for the third consecutive month.
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.