The fact Britain's economy is on the path of sustain recovery is no longer a question, as the improvement was seen in all sectors of the economy, however, Bank of England policymaker David Miles expressed his concerns the recent strength of economy should translate into a sharp drop in unemployment.
The number of Americans filing for jobless benefits plunged to the lowest level since April 2006, however, not due to a substantial improvement in the labour market, but due to technical problems in claims processing that caused two states to report fewer applications.
A bunch of positive data from Europe came out on Thursday as the European Parliament has voted in favour of centralized oversight for Europe's banking sector.
The $1.5 trillion economy is in serious need of structural reforms, which were already promised by the incoming government, pushing both consumer and business mood higher.
Optimism among big Japanese producers soared to the highest level in four years in the third quarter on the back of improving earnings, reinforcing a view the world's third largest economy is strong enough to withstand the planned hike in consumption tax.
British labour market showed unexpected strength in the third quarter through July, moving a step closer to a threshold introduced by BoE Governor Mark Carney at which officials will reassess the pace of stimulus programme.
The U.S. jobless rate fell, the economy added more-than-expected working places and the economy built up steam in the second quarter.
While the 17-nation economy has finally emerged from its longest-ever recession in the second quarter, and some analysts may consider the worst is over, European Commission President Jose Manuel Barroso stressed out the necessity of creating a closer political union to overcome the ongoing crisis.
Mood among Australian companies soared to its highest in more than two years last month, suggesting a political change and more certainty about the economic outlook, the National Australia Bank said on Tuesday.
The Bank of Japan expressed its view that market trust in their structural reforms is vital in order to maintain the effects of central bank's monetary policy measures.
In August British government was blamed for creating housing bubble after a series of reports on Britain's housing market that showed it represents almost 60% of country's net non-financial wealth.
While U.S. President Barack Obama is sceptically exploring a diplomatic plan from Russia to force Syria to place its chemical weapons under international scrutiny and control, thus increasing chances of putting off military strike, the latest economic data appeared to be quit discouraging.
Italy, Europe's third largest economy, is still the only member of the G7 world-leading economy that is expected to contract in 2013.
After a stronger-than-expected growth figure last week, Swiss statistical office posted mixed data on Monday, with jobless rate remaining on hold, while retail sales unexpectedly dropped.
The world's third largest economy expanded at a significantly faster pace in the second quarter than it was projected earlier, adding to hopes of an economic recovery and increasing chances Shinzo Abe will press ahead with a contentious sales tax hike.
During the speech in East London Britain's Chancellor George Osborne claimed the economy has turned the corner and vindicated the government's pledge to pushing ahead with austerity measures.
The latest good news from the labour market may be bad news for the Fed's Chairman, as U.S. officials are considering when to begin the widely-discussed tapering of its stimulus programme.
Greece Prime Minister Antonis Samaras tried to spread a message of optimism among the market participants during the International Fair by pledging there will be no new austerity measures and that the economy is likely to exit the recession in the next year.
While Canada is suffering from the so-called "slowest export recovery since World War II", which has been a major drag on the economy so far, mood among Canadian businesses improved, while labour market is showing signs of stabilisation, suggesting the economy can gain momentum in the nearest future.
Consumer prices in the Alpine country stagnated in August, as they did in the previous month, indicating weak domestic demand, while a separate report showed the SNB foreign-currency reserves were little changed last month.
A slew of mixed economic data from the U.K. was published on Friday, with activity at manufacturing sector expanded, albeit less than expected, trade deficit rose to the largest since October, while home prices advanced for the seventh straight month in August.
A fresh data from the U.S. labour market was unveiled on Friday, reflecting improvement in the economy, while businesses are being deliberate in their hiring as they are waiting for a pickup in demand.
Europe's powerhouse, Germany, may not be performing as well as it can be expected as exports and industrial production fell surprisingly.
September's first week was dominant by policy meetings across the world. Even though there were no any shifts in monetary policies, markets were highly volatile amid growing tensions in Syria and speculations of a possible tapering of Fed's stimulus programme later this month.