Bank of Canada Governor Stephen Poloz announced that the BoC would keep its key interest rate on hold and remained neutral on its next move, referring to slack in the Canadian economy that will keep cost of living in check.
While the neighbouring is struggling amid slackening growth and geopolitical tensions, the U.K. is enjoying robust economic performance.
Business orders for U.S. factory goods soared by a record amount in July, owing to a substantial leap in contracts for commercial aircraft, adding to further signs of the American economy's resilience.
Negative data in the Euro zone continues to mount, increasing pressure on the ECB to act decisively as soon as today.
Australia's economy lost momentum in the second quarter after a dramatic decline exports, but the pace of growth was still above expectations.
Switzerland's economy unexpectedly stalled in the three month through June, as faltering growth in the Euro area curtails exports of the Alpine country's industrial goods.
U.K. construction data surprised strongly to the upside, with the output growing at the fastest pace in seven months in August, pointing to a continued robust recovery in the sector.
A better than expected manufacturing data fuels expectations that the world's number one economy will grow at a more robust pace in the second half of the year.
Producer prices in the Euro zone, which considered to be the first gauge of retail inflation, declined on an annual basis in July, while also inching lower from the previous month.
The Reserve Bank of Australia decided to leave its interest rates on hold at record low to bolster growth and underscored that overly strong currency is undermining the economy's transition away from mining investment.
Growth in Chinese manufacturing activity slowed in August, losing steam for the first time in six months after reaching the highest level in over two years.
Activity in Britain's manufacturing sector rose at the slowest pace in 14 months in August as geopolitical crisis in Ukraine curtailed demand from abroad, reawakening concerns about the balance of economic recovery in the country.
Wages in Japan increased at their fastest pace since 1997, helping consumers cope with rising living costs as Prime Minister Shinzo Abe attempts to revive growth in the world's third biggest economy.
A slew of discouraging data on manufacturing activity in European countries came out yesterday, fuelling concerns over fragile economic health in the region.
The Canadian economy expanded in the second quarter, after being knocked down in the beginning of the year, as household spending and exports fuelled the strongest quarterly economic growth in more than two years.
Business sentiment in New Zealand dropped in August of the current year, decreasing for the sixth consecutive month, while the country's economy rebounds at a slower pace than expected.
Nationwide survey showed that U.K. house prices rose at a much faster monthly pace than projected in August, contrasting with other signs of cooling housing market.
The latest U.S. Commerce Department numbers indicated a slight decrease in consumer spending, falling behind experts' forecasts, following continuous growth in six-month period before.
The latest Eurostat data release reported no change in unemployment rate across 18-nation Euro bloc in comparison with the previous month, therefore staying at 11.5% mark, with 18.4 million jobless people.
The previous week brought into light shaky political situation in Europe.
Canada's current account deficit narrowed slightly in the June quarter to register the smallest gap in more than two years as exports rose to record dollar value and foreign investment remained strong.
The recent fundamentals from the world's third largest economy showed uneven economic recovery, as the consumption tax increase in April continue to affect growth.
The U.K reported retail sales to advance in this year to August period, beating experts' forecast by wide margin. Furthermore, the numbers for the next quarter are said to be the most optimistic ones since 2002.
The U.S Department of Labor's latest report indicates that the number of jobless claims have slightly decreased during seven-day period, nonetheless surpassing experts' forecast.