The number of Americans seeking unemployment benefits surprisingly rose last week , but still remained close to pre-recession levels, indicating a slow pace of layoffs.
Time is ticking, the Eurozone is falling further into yawning abyss and there are still no actions that would effectively save the Euro bloc from the downward spiral and bring it back to life.
New Zealand retail spending continued to increase in the second quarter as vehicle sales and values rose at the fastest pace in two years.
The Japanese Yen showed a muted reaction to the widely anticipated contraction in Japan's economy during the second quarter, holding steady against the U.S Dollar.
Britain's unemployment rate continues to fall, while the number of people seeking for unemployment allowances is set to decline below a million for the first time in six years.
Retail sales in the world biggest economy unexpectedly remained unchanged in July, indicating a slight loss of steam in the economy early in the third quarter.
Industrial production in the Eurozone declined for a second consecutive month in June, a further sign that 18-country bloc's economic recovery weakened in the second quarter.
As geopolitical tensions are easing in Ukraine, the Japanese Yen has been weakening for a second day losing its appeal for investors as demand for safe haven currencies is falling.
Australian business confidence surprisingly rose at to a one-year high, while business conditions jumped to the highest level in four years in July amid a surge in construction activity.
As today the Bank of England releases its Inflation Report, investors will compel their attention to the data to find indication concerning the timing of interest rate hike from the record low of 0.5%.
The number of job openings in the world's number one economy rose to the highest level in 13 years in June, a positive sign that indicates the nation's economy as well as the job market continue to strengthen.
German business morale deteriorated the most since the end of 2012 in August as the Ukraine crisis weighed sharply on investors' confidence
After reaching a level of 88.35 U.S. cents on July 10, the New Zealand Dollar has been falling since then on a number of reasons including a mounting pressure from commodity prices, which declined for a fifth consecutive month in July, and increased demand for the U.S. Dollar, as a risk-off sentiment prevails in the market amid geopolitical tensions between
Retail sales in the Alpine country rose considerably more than expected in June following a dip in the previous month, fuelling optimism over the Swiss economy health.
Retail sales in the U.K. rose less than expected in July as heavy discounting in the food sector and ongoing low food inflation caused less spending by consumers on food, according to the British Retail Consortium report.
Federal Reserve Vice Chairman Stanley Fischer said on Monday that disappointing recovery of the global economy may have a adverse impact on the U.S economic performance, which in the long-run may grow at a moderate pace of just 2%.
As Lithuania is heading towards the Euro zone membership as soon as 2015, it backs up the fact that the Euro is a strong reserve currency.
The Reserve Bank of Australia downgraded its growth and inflation outlook on a steeper decline of mining investment and reiterated its pledge to keep interest rates unchanged.
The Bank of Japan downgraded its outlook on the nation's exports amid escalating geopolitical woes, the second cut of its view on outbound shipments in six months, highlighting the BoJ's fears about the global economy.
Britain's trade gap unexpectedly widened in June, fuelling concerns over the effect a strong Pound is having on competitiveness of British goods abroad.
U.S. nonfarm productivity rose more strongly than expected in the three month through June, while a dramatic decline in unit labour costs indicated still tame wage pressures, providing the Federal Reserve with room to keep interest rates low for a while.
While Germany, European biggest economy, continues missing economists forecasts, France recorded an improvement in industrial output in June. French industrial production rebounded, rising as much as 1.3% following the 1.6% decline in the preceding month, while analysts had expected a 1.0% increase.
As it was widely expected none of the major central banks provided any surprises to markets, as all banks kept their monetary policy steady and maintained their benchmark interest rates untouched.
While increasing participation rate considered to be a good sign for economy, it could also send a country's unemployment rate to new highs.