The Swiss stock market ended Monday with a moderate gain, fluctuating in a 30 point trading range during the day.
The UK stocks declined on Monday, as the IMF cut its outlook for the global economic growth to 3.5% for this year and for next year to 3.9%.
Retail sales surprisingly declined 0.5% for a third consecutive month in June, due to limited employment gains. The Commerce Department figures exceeded the most pessimistic estimations and prompted economists to cut their economic growth forecasts for the Q2.
According to Eurostat, consumer inflation in Eurozone remained unchanged 2.4% in June from the previous month, matching the preliminary estimates. This is due to a sharp decline in energy prices by 1.7%.
Japanese stocks advanced after a decline during last six sessions on China's slowing growth, as worries that the world's second-biggest economy might need additional stimulus. The Nikkei 225 Stock Average gained 0.1% to 8,729.09.
Swiss Producer and Import Price Index declined 0.3% in June from May, due to lower prices for oil and petroleum products, said the Swiss Federal Statistical Office on Friday.
Following the Chinese GDP data that reflected a downturn in economic growth, resource stocks lifted the UK stock market on Friday.
Wholesale prices in the US surprisingly increased in June, indicating growth of food costs.
Despite the unexpected Moody's rating cut by two notches to 'Baa2' a day earlier, Italy successfully sold the planned amount of bonds at the auction on Friday.
U.K. stocks declined, as minutes from the Fed's latest policy meeting did not point at further stimulus to boost economic growth.
Swiss Stocks fell significantly, as the minutes released by the Fed discouraged investors.
According to Labor Department data, the number of applications for unemployment benefits fell by 26,000 to 350,000 last week, reaching the lowest level since March 2008.
Japanese stocks advanced after a decline during last six sessions on China's slowing growth, as worries that the world's second-biggest economy might need stimulus mounted. The Nikkei 225 Stock Average gained 0.1% to 8,729.09.
Industrial production in the Euro bloc recorded 0.6% growth from April to May, Eurostat said on Thursday. The industrial output soared 1.5% in Germany, while Italy and Spain reported 0.8% and 0.9% growth rates, respectively. On the contrary, France faced a 2.1% drop.
Japanese stocks fell for a fifth straight day on Wednesday after the yen rose to the highest level in more than four weeks against the single currency, damping earnings outlook for exporters.
Swiss stocks lost ground on Wednesday amid worries that slowing global economy is weighting on company earnings.
U.K. stocks closed mixed on Wednesday.
U.S. trade deficit narrowed in May, helped by lower demand for consumer goods and falling oil prices. The gap narrowed 3.68 per cent to 48.7 billion dollars, said the Commerce Department on Wednesday.
Spanish Prime Minister Mariano Rajoy announced new austerity measures on Wednesday to cut budget deficit by 65 billion euros by 2014. Measures include a three point increase in Valued Added Tax, cuts in jobless benefits and public wages.
Japanese stocks fell for a fourth consecutive day on Tuesday after China's imports rose less than economists forecast.
Swiss stocks closed in green on Tuesday after reports showed manufacturing in the U.K. and Italy rose and European officials agreed on measures to support Spanish banks.
U.K. manufacturing rose more than expected in May, said the Office for National Statistics on Tuesday. Output increased 1.2 per cent from April while declined 1.7 per cent compared to the same period the previous year.
U.S. stocks extended dip on Tuesday.
The European Central Bank is ready to do more to help the struggling economy, said ECB President Mario Draghi in a testimony to the European Parliament on Monday.