Concerns that the Federal Reserve may soon slow down the pace of its stimulus programme sent mortgage rates to the highest level in a year.
The number of unemployed people in Europe's largest economy increased more than four times as much as economists estimated this month, as long winter and further deterioration in the neighbouring Eurozone countries took their toll on German economy.
A cluster of economic data from Switzerland has emerged on Tuesday, sending mixed signals, as the nation's trade surplus narrowed, while the labour market improved.
Japan's retail sales eased to seasonally adjusted annual rate of –0.1% in April, indicating a noticeable improvement in retail trade amid the aggressive stimulus plan by the Japanese top officials, who aim to halt the nation's 15-year deflation and reach the 2% inflation goal.
Britain's four largest banks are going to eliminate around 189,000 jobs by the end of this year, bringing employment level to a nine-year low due to a dearth of revenue, and moreover, more cuts may follow.
Confidence among consumers in the world's largest economy jumped more than initially was expected in May, reaching a five-year high, lifted by an increased optimism for hiring and business conditions.
Spanish government led by the Prime Minister Mariano Rajoy failed to reach an agreement on more flexible means of how to reach the budget-deficit target of the regions.
The amount of cash held by the nation's commercial banks and the central bank inched higher last week, adding to signs that investors are getting less anxious over the Eurozone's financial woes.
Japan's corporate service price index unexpectedly declined last month, according to official data Tuesday.
House prices in the U.K. surged most in six years in May, as a shortage of properties boosted values in London, due to a very strong demand, a survey conducted by Hometrack showed Monday.
Despite belt-tightening in Washington, slowdown in heavy industry and businesses unwillingness to increase spending, consumers are the only one who are keeping the U.S. economy on track.
Amid growing tensions between the European Union and the world's second largest economy German Chancellor Angela Merkel claimed her readiness to reach an agreement with China over import tariffs in order to avoid triggering a damaging trade war.
New Zealand posted smaller than expected trade surplus last month, hit by a rise in petroleum imports which more than offset increasing meat exports from the country.
The Bank of Japan Governor Haruhiko Kuroda sees no signs of "excessively bullish expectations" in asset markets and believes that the nation is able to withstand increasing interest rates.
The number of mortgage approval in the U.K. reached the highest level in three months in April, though cautious consumers continued to reluctantly increase spending, and put all the money into their savings rather than take on new borrowing.
Orders for long-lasting products in the world's largest economy surged more than initially was expected, a sign of resilience in the factory sector even despite budget cuts, tax hikes and weakness in overseas markets.
The German economy returned to growth in the first three months of this year; however, the growth was hampered by declines in construction activity and investment due to weak domestic demand, official figures showed Friday.
Britain's economy returned to growth in first three month of this year, supported by increased consumer spending and improved investors' confidence, offsetting a drop in exports, official figures have confirmed.
A bunch of economic data from the U.S was published on Thursday, sending mixed signals about the economic growth, as house prices posted the biggest gain since May 2006, unemployment claims fell more than expected, while manufacturing slowed for a second straight month in May.
The downturn across the 17-nation economy eased slightly this month, however a dearth of new orders is raising concerns that the economy is likely to contract again.
Australian economy noticed higher consumer inflation expectations this month, adding more pressure on the nation's policy makers and the Reserve Bank of Australia to introduce more bold measures to control the inflation.
The world's third largest economy is picking up as the demand in the neighbouring countries improves, but still remains weak within the country, the Bank of Japan said during its monthly policy meeting.
The Swiss National Bank is expected to introduce a shift of the cap on the Franc and even plan to implement negative interest rate, as the Swiss Franc is heading to break through 1.26 per euro for the first time in more than two years, President Thomas Jordan said Wednesday.
The Bank of Japan led by Haruhiko Kuroda pledged to introduce shifts in its record quantitative programme as the increase in the nation's bonds is highlighting risks linked to policy makers' campaign to boost growth in the world's third-largest economy.