Eurozone investor confidence rose in September for the first time since March largely due to optimism surrounding the ECB's bond purchasing plan unveiled last week. Investor confidence rose by 7.1 points to minus 23.2 in September, up from minus 30.3 in the preceding month. Any level above 0.0 indicates optimism, below indicates pessimism.
U.S. unemployment rate fell to 8.1% in August, down from 8.3% in the preceding month, Labor Department figures showed on Friday. In the meanwhile, U.S. employers added only 96,000 jobs last month following a revised 141,000 rise in July that was smaller than initially predicted. Moreover, hourly earnings were unchanged.
Germany's industrial production grew at a seasonally adjusted rate of 1.3% in July, after falling 0.4% in the preceding month, the Economy Ministry in Berlin said on Friday. Analysts had predicted German industrial production to rise 0.2% last month.
Japanese index of leading economic indicators fell for a fourth consecutive month in July, data released by the Cabinet Office showed on Friday. The leading index, which measures the direction of the economy in the months ahead, fell to 91.8 in July, down from 93.2 in the preceding month. Economists had expected a decline to 91.6.
Switzerland's unemployment was steady in August, figures from the State Secretariat for Economic Affairs showed on Friday. The overall jobless rate remained unchanged at a seasonally adjusted 2.9%, from 2.9% in the preceding month.
British industrial output soared at its fastest pace for 25 years in July, official data showed on Friday. In a report, National Statistics said that industrial output rose by 2.9%, after dropping by 2.4% in the previous month. Moreover, manufacturing output rose by 3.2%, the fastest pace for 10 years, after falling by 2.9% in June. Despite strong rise in
Japanese stocks surged on Friday after the European Central Bank agreed on a new bond-buying program to lower Eurozone countries' borrowing costs.
Swiss stocks advanced on Thursday, as European Central Bank President Mario Draghi said policy makers agreed to an unlimited bond-purchase program to lower borrowing costs of countries such as Spain and Italy.
The Bank of England has kept its key lending rate at 0.5 per cent and decided not to increase its asset-buying program worth £375 billion or $596 billion.
The number of Americans filing claims for jobless benefits fell by 12,000 to a seasonally adjusted 365,000 in the week ended September 1, the biggest drop since mid-July, the Labor Department said on Thursday. The previous week's figure was revised higher from 374,000 to 377,000.
The European Central Bank left benchmark interest rate unchanged today and announced specifics of its bond-buying plan to save the shared currency. During today's meeting in Frankfurt, region's policy makers left the key rate at a record low of 0.75 per cent, meeting analysts' expectations.
Japanese stocks closed slightly higher on Thursday ahead of European Central Bank meeting.
Switzerland's consumer price inflation was flat in August, data showed on Wednesday. Consumer prices erased 0.5% in August from a previous year, after a drop of 0.7% in July, while were flat compared with the preceding month.
U.K. stocks turned slightly lower on Wednesday, as investors are waiting for highly anticipated tomorrow's European Central Bank meeting, to discuss, among other things, the potential to resume the bond-buying program.
U.S. non-farm productivity rose more than expected in the second quarter, the Labor Department reported Wednesday. Nation's non-farm business sector labour productivity rose by a seasonally adjusted 2.2%, up from a preliminary estimate of a 1.6% increase.
Eurozone's retail sales dropped in July, as consumer demand was hit by deepening economic crisis across the region. Retail sales fell by a seasonally adjusted 0.2% from June, when they rose 0.1%, official data showed on Wednesday.
Japan's average cash earnings fell more-than-expected in July, data from the Ministry of Health, Labour and Welfare released on Tuesday showed. The total average monthly cash earnings per employee in Japan posted the third straight monthly fall in July, down 1.2% , after -0.4% in the preceding month.
The Swiss economy surprisingly contracted in the second quarter, official data showed on Tuesday. Nation's GDP fell to a seasonally adjusted -0.1%, down from 0.5% in the first quarter, posting first drop since the third quarter of 2011.
U.K. construction activity unexpectedly fell in August, as new orders slumped at the fastest pace since April 2009, Markit Economics said. The construction PMI fell to 49.0, down from 50.9 in July. A reading below 50 indicates contraction.
Activity in the U.S. manufacturing sector rose less than predicted in August, as exports declined for a third consecutive month and firms were slow to hire new employees. Nation's purchasing manufacturing index fell by 0.2 points to 49.6 in August from a reading of 49.8 in the preceding month.
Moody's has lowered the European Union's long-term issuer rating outlook from stable to negative, warning it might downgrade credit rating again if the EU decides to cut the ratings on its four biggest budget backers: Germany, France, the UK and the Netherlands.
Capital spending by Japanese companies rose less than expected in the second quarter, Ministry of Finance said on Monday. Japanese capital spending jumped to an annual rate of 7.70%, from 3.30% in the previous quarter. Experts had predicted Japanese capital spending to rise to 8.90% in the last quarter.
Retail sales in Switzerland rose less-than-expected in July, as the downside pressure from the spreading economic problems had negative effect on spending. Nation's retail sales rose at annualized rate of 3.2% in July, below expectations for a 4.3% gain, official data showed on Monday.
U.K. manufacturing sector contracted further in August, a survey showed on Monday. The Purchasing Manager's Index rose to 49.5, up from 45.2 in July, said the Markit research company. U.K.'s PMI remains in the negative territory for a fourth straight month.